The majority of property auctions are currently held in rooms with some online auctions available. According to Neil Singer, chief executive of Clicktopurchase, in the future, there will be no physical auction rooms. (more…)

Many investors are looking for low value commercial properties that can be refurbished for rental, for resale or converted to residential use. (more…)

A business model used by many buy to let landlords is to purchase rundown property at low prices in property auctions, then refurbishing for rental with a short a turnarounds as possible.

Because of stricter affordability rules, some larger landlords are finding it more difficult to (more…)

Property auctions are attracting many types of buyers because the image of auctions has changed.

In the past property auctions mainly sold properties in poor condition at cheap prices. These properties still appear in auctions, but many buildings for sale are in (more…)

Property auctions are moving away from traditional auctions held in a room, to online auctions. The result is that commercial and residential property available for sale can reach a worldwide audience. This makes them popular with sellers as they can access a wider range of potential buyers.

The founder of online auction house LetsBid, Milton Rodosthenous, said that: (more…)

Property auctions are a popular way of purchasing both commercial and residential property. Bidders hope to purchase property at below market prices. For people new to the scene there are…

Every year the police seize property and other assets from criminals, which are sold off at auction. Wilsons auctioneers in Belfast is one of the leading auction houses that sells these assets.

Wilsons works for over 40 British law enforcement agencies to sell off seized assets. In April 2018, they are auctioning several assets that have been seized under the Proceeds of Crime Act. Criminals have expensive tastes. Items for sale include (more…)

New online auctioneers are modernising the process of buying property at auctions. (more…)

The Land Registry has reported that residential house sales fell by 21% in 2017 compared to the previous year.

Roger Lake, the founding director of property auctioneers, Auction House claims that most of the decrease is due to fewer sales by estate agents. Auction House sold (more…)

A new property auctioneer wants to change the face of property auctions by launching Britain’s first purely online auction.

Many property auctions provide opportunities for (more…)