Monday, 6 July 2009

Property Count - Available properties for sale at auction

Date - 3rd July 2009

The total number of properties available for sale in the IPDS database is 2716

These properties are available for purchase at auctions in the next 2-3 weeks - Why not take a look using the search here on the blog?

Property Auctions are the place to buy!

If as a property buyer you are seeking that elusive deal, then it is time to take another look at the property auction market...

The property slump has led agents to drop prices, auctioneers to set lower reserves and sellers to realign expectations.

If buyers can purchase without over reaching themselves and are willing to accept their asset may dip in value, the slump represent an opportunity to perhaps bag a bargain home.

House prices were down 16% in the year to June 2009, on the Halifax index, and 22% from the peak of August 2007.

For more details on lots currently available go to www.auctionpropertyforsale.co.uk

Wednesday, 13 May 2009

House prices at auction continue to fall

According to research by Fathom Financial Consulting and Zoopla featured in an article in the Financial Times, house prices at auction are still falling..... great news if you are in a position to buy!

This latest research says that in recent weeks prices of residential properties sold at auction were 25 per cent lower than the same home could have achieved had it been sold through an estate agent.

So if you are looking for great discounts on a property, then head to the auction rooms!

To read the article in full go to


Or to view some of the 1,886 properties available for sale in the next 2 weeks go to

Tuesday, 28 April 2009

Daily property auction update..




After last night's update we have got some 2,401 properties coming up for sale at auction in the next 3 weeks or so.

The current offerings in London go from a 2 bed flat for auction in SE19 which needs quite a bit of TLC with a guide price of just £60,000 to a 6 bed detached property in N20 with a guide price of £690,000 - Definately something for everyone!

Monday, 27 April 2009

As seen in the Sunday Times........


The Sunday Times ran a special supplement yesterday (26th April 2009) which included information about one of our sister sites which also offers the IPDS database - www.repossessedhousesforsale.co.uk

One of the features in the 4 page home special featured an article covering the comeback of the buy-to-let market and featured a property investor who had snapped up two buy-to-let bargains in Warrington on sale from a developer who had gone bust. The flats valued at £120,000, he bought at just £58,000 each - That is less than half the valuation price!

To read the article in full go to Many happy returns - by Anna Mikhailova - Sunday Times

Friday, 24 April 2009

Where it all began........

Way back in 1995 when the internet was more an idea than a reality, we embarked on providing a means of finding properties for sale fast and launched our first web sites.

Of course, at that time, we had no idea whether it would even 'catch on', but in the spirit of true entrepreneurialism we forged ahead in the hope people would grow to love it.

Of course that is all history now and the internet has become an integral part of our lives and for some, is now their primary source of discover any information they need to know.

Some 7 years ago we launched our property auctions service to address a particular need for buyers of property at auction. Whether you realise it or not, the auctioneer is quite a different animal than the high street estate agent.

Traditionally, your local estate agent works their immediate catchment area, whereas the property auctioneer is more than happy to take on properties anywhere in the country.

For buyers, this posed a particular question....... "how can I be sure that I am aware of ALL of the properties available in the area I want to buy?" And that is where we came in......

Since our initial launch we have provided a 'one-stop' search for all kinds of property buyers seeking that bargain at a property auction. The buyers have ranged from seasoned and experienced property investors, buy-to-let buyers seeking to build a property portfolio or the first-time buyers striving to buy their first home at a price they can afford.

Over the past 7 years it has been fascinating to see the way that auctions have provided all types of buyers with not just properties that are 'un-saleable' but a wide range of residential and commercial lots which are great investments.

When the property boom was in full swing, the auction rooms were packed to the rafters with savvy investors and budding property entrepreneurs anxious to make money from the booming buy-to-let market.

Of course, with the current financial situation the types of buyers attending auctions has changed. The lack of credit has meant that there are now more opportunities for those savvy investors who perhaps stayed away from the auctions when prices were too high and competition was stiff.

We are now also seeing some other kinds of buyers including first-time buyers, parents of university students who want to invest in good quality accomodation for their offspring or savers who now want to put their savings into property to get a better return in the long run.

As we build our blog we hope to bring you a range of useful tips, featured properties and news from the world of property auctions. If you have any specific comments or question you would like us to feature we would love to hear from you!