Lambert Smith Hampton (LSH) has launched its new online auction platform

January 29, 2019

Lambert Smith Hampton (LSH) has launched its new online auction platform, branded 574.

Understanding the need to embrace technology to achieve a more immediate, accessible and simplified channel for sellers and buyers to transact, LSH launches a new digital property auction platform – 574.co.uk.

To date, LSH has piloted its online auctions offering and has already sold more than 60 properties on behalf of clients, with an average 18% premium above expectation.  Lots have varied in size from £20,000 to £11m. Clients span private, public and institutions, large and small, including the public sector, of which LSH is the largest player in the UK. Early success of the platform has seen a host of LSH’s clients, including the MoD, move exclusively online.

The new 574 platform takes the form of eBay-style selling; bidders are vetted thoroughly online and, once approved, are free to bid on any property on the day of sale. It’s a simple, instant and clear way to transact.

Ezra Nahome, CEO of LSH, commented: “Technology continues to change the face of how we all interact and buy services. Property is no different. This highlights the need for change.  The whole process is simplified given we can now list and transact within days.  Our people and national network is key to the platform, ensuring our clients continue to get extensive in-depth advice with the benefit of the localised property knowledge that they seek.  574 delivers a secure, transparent and best value outcome with a global reach.  
 
We have a dynamic property and digital team led by Max Mason, Head of Sales. We are excited to welcome new buyers and sellers to 574. “

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

Why first-time buyers should start the financial conversation early

Award-winning mortgage adviser, Alexander Hall, is encouraging the nation’s first-time buyers to open up about their finances this Talk Money Week, offering expert guidance on how to make these conversations more natural, productive, and stress-free. What is Talk Money Week? Talk Money Week is a national initiative created by the Money and Pensions Service (MaPS)…
Read More →
Breaking News

Bonfire Night could cause £1,500 in property damages

New research from Adiuvo, the UK’s leading provider of 24/7 property management support, warns that Bonfire Night could cost renters an average of £1,475 in property damage if proper care is not taken, but that with a few simple safety checks in place, the much-loved evening of celebration and community can go off without a…
Read More →
Estate Agent Talk

Buying a Home? What you need to know about asbestos

Asbestos is a well-known issue in UK housing – but while it’s rightly treated with caution, it doesn’t need to cause alarm. With the right advice and professional guidance, it’s a manageable problem that shouldn’t stand in the way of purchasing a dream home. Used widely in construction until 1999, asbestos is often found in…
Read More →
Breaking News

Hodge Bank introduces 80% LTV on Interest Only Mortgages, helping borrowers maximise their affordability

Specialist lender Hodge has today announced it will accept 80% Loan to Value (LTV) on Interest Only Mortgages to help borrowers expand their affordability. The criteria enhancement is the latest in a raft of changes introduced by the lender in a bid to make its underwriting as flexible as possible. This change applies to Hodge’s…
Read More →
Breaking News

Breaking Property News 4/11/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Fine & Country network prepare for success in 2026 Premium estate agency Fine & Country is delighted to announce the return of its Regional Meetings this November, bringing together business owners, key decision-makers, and leading agents from across the network. These highly anticipated events…
Read More →
Breaking News

The end of the ‘Forever Home’? 63 per cent of young homeowners prioritise flexibility and renovation potential over permanence

63 per cent of younger homeowners (18-34 year olds) find the ‘forever home’ concept less important than older generations Nearly half (45 per cent) of the same group of homeowners expect to move home within the next five years, embracing a flexible ‘Right Now Home’ model 23 per cent of 18-34 year olds view their…
Read More →