Further reading
Brighton boom causing action against second homes
Integration of Viewber into EIG’s auctioneer management system (AMS)
Lots offered up from 2021 along with the heat, but records show buyers should prepare for Christmas!
Looking back at 2021 we can see that 2022 is showing an increase in lots offered each month up till June, July does see a drop of 14.5% but as explained in our monthly newsletter this is due to a large commercial auction house not holding an auction in June this year like they did last year.
May was an extremely positive month for auctions seeing double figure increases in lots offered and sold, you can see all figures on our newsletter page here.
Online auctions continue to prove a popular way to buy and sell property with the convenience and speed for both buyer and seller. With Zoopla reporting that the average time taken from searching to exchange via private treaty is rising currently at around 170 days (5 and a half months) making the method of buying at auction even more attractive if you want to complete before Christmas!
Essential Information Group - News and Information
Keep up to date with our latest news, case studies and what's going on in the property auction industry on our blog.
Buying at auction
05/02/2025
The Leasehold and Freehold Reform Act 2024 introduces significant changes to leasehold property laws in the UK
Abolishing the two-year ownership requirement for leaseholders wishing to extend their lease or purchase the freehold, so how will this affect auctions?
Buying at auction
16/01/2025
How to Check If a Property Has Been to Auction Before
1 in 4 properties has been to auction before, use our website to check the auction history of a property.
Buying at auction
09/01/2025
Become a Property Auction Expert in 2025
10 steps to help you become a property auction expert in the UK