The auction room this month saw significant activity from commercial bidders looking for investment opportunities says Savills

News release yesterday 19th June 2017 from Savills headlines ‘June sees jump in sales at Savills regional auction’. A packed room and competitive pricing saw over £2.6 million raised at the latest Savills regional auction in Nottingham, which took place at the city’s racecourse on Thursday 8th June 2017. Victor Ktori, head of office at…

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Andy’s Top 10 Tips for Auction Day.

Bring two forms of identification (passport or driving license with photo and a recent utility bill), your cheque book or debit card and all your banking details, as well as your solicitor’s full contact details. If you are planning to bid on the day, you will need to register at the reception where you will…

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Going Bananas at Auction!

It’s been a busy few weeks for me here at Edward Mellor. The days have been flying by and I can’t quite get my head around the fact that we are now gearing up for our fourth auction of the year on 8th June. Scarier still is that this is my 84th Edward Mellor auction…

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Buying a property through auction

Auctions can be a great way to snap up a bargain. It is a quick and cost effective method when buying a property. However, it is important that you understand the process and are prepared for the issues that may lie ahead. Before the auction The first step to take is to look on the…

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AuctionLets looking for investors

AuctionLets, which follows a similar easy-to-use format to that of one of the most popular mainstream auction sites, has been providing landlords with a unique alternative to the way property has traditionally been let since its launch in January last year. “Our site has been successfully tested with great results. An increasing number of bids…

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£1.26 million for garden in Primrose Hill

Small garden just 20 metres square sells for £1.26 million plus £68,750 in stamp duty in  Primrose Hill, North London and it does not have planning permission. The small plot went up for sale by auction at a guide price of £100,000 – £150,000. Gary Murphy from Allsops reportedly said “that this was one the…

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Allsop online-only

Allsop launches the UK’s first ever online-only auction for new build homes, it begins with the auction of phase 2 of the West Drayton Waterside development on Thursday 11th June. Bidding will open at 10am on Wednesday 10th June with bids starting to close from 10.05 on Thursday 11th June. Allsop already a market  leader…

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Ex-Footballer joins the Team at Homes under the Hammer

Dion Dublin will be joining the other  presenters Martin Roberts and Lucy Alexander  at BBC’s Homes under the Hammer for their 19th series. Dion who has a long held interest in property started his football career with Norwich City, then onto Cambridge United,  he was signed in a £1million deal with Manchester United, following on at…

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