Essential Information Group

In the final edition of 2024, we investigate the evolving landscape of the UK property auction market, and how it is being shaped by dynamic economic, legislative, and market forces. We explore how recent legislative changes, tax policies, and interest rate adjustments have impacted buyer and seller behaviours, as well as the types of properties coming to auction. This edition offers a comprehensive overview of key market trends reflecting the changing priorities of landlords and investors. Read the report here: https://lnkd.in/etUYR4da David Leary FNAVA Rachel Canham David Sandeman #propertyauctions #propertyauctioninsights #propertymarket

December offers unique advantages for property auction buyers! For those ready to act, December can be an opportune time to secure property investments at appealing prices! Read our latest blog to find out why! https://lnkd.in/e-daMuXa #DecemberAuctions #PropertyAuctions #AuctionDeals

So proud of the team to be launching to the market, digital Property Information Forms and automatic Land Registry Title collection, all avaliable through our datarooms, www.piphome.co.uk . David Sandeman, David Leary FNAVA, Stephen Foden, Ed Mead FRICS and the wider team, thank you. #estateagents #conveyancing #housesales Auctions 'upfront information' initiative rolled out for estate agents

🌟IN THE PRESS! 🌟 "Afolabi Coker had no idea what he wanted to do with his life when his career as a professional footballer was cut short. He ended up going into property, bidding on very cheap flats at auction, doing them up... Auctions have become an increasingly popular method of buying and selling houses since the pandemic. There has been a 9.2pc rise in the number of residential properties sold by auction between October 2023 and September this year, according to the Essential Information Group, which tracks all UK lots." Read full article here: https://lnkd.in/e3FvnP5n #propertyauction #makingmoneyatauction #auctionrefurb

🏡 Spotlight on The Old Mill, Hessenford – A Must-See Auction Opportunity! 🏡 Looking for a property with character, history, and massive potential? The Old Mill in Hessenford, Cornwall, could be the auction gem you’ve been searching for! Here’s why this unique property deserves your attention: 🔑 Unique History Dating back to the 13th century, The Old Mill is a detached property brimming with charm – including an original mill wheel. Properties with this kind of story rarely come to market, making it a rare find for those seeking something truly special. 🌟 Multiple Income Streams This property isn't just a home; it's an investment opportunity. The main house features four bedrooms, while three attached apartments open up possibilities for holiday lets, long-term rentals, or multi-generational living. 🏞️ Idyllic Location Nestled in the heart of Hessenford, the property enjoys easy access to local amenities like The Copley Arms and Seaton Valley Countryside Park. Plus, the nearby beaches make it perfect for attracting tourists. 🔨 Scope for Renovation Buying at auction offers the chance to acquire The Old Mill at a competitive price, leaving room in the budget for renovation. With a guide price of £475,000, this property could become a dream home or lucrative business with the right vision. 📅 Why Auction? Properties like this often generate significant interest. Buying at auction provides a transparent, swift process, ensuring you’re in control of your investment. No drawn-out negotiations, no waiting games – just a clear path to ownership. 📍 Auction Details Date: December 3, 2024 Type: Live stream auction Contact: Auction House South West Olivia Boulting MNAVA 💡 Tip: Research comparable properties in the area and factor in renovation costs to fully understand the potential return on investment using https://lnkd.in/ey72JmVn Don't miss this chance to turn a piece of Cornwall’s history into your next great project! 🏠✨ #propertyauctions #interestingproperties #propertygems

🚨 Record-Breaking Auction Sale! 🚨 We’re thrilled to announce that the highest value lot sold in the past 2 years was successfully auctioned through our platform! 🏆Allsop LLP Commercial Lot: https://lnkd.in/ecUQ4qNg – an exceptional piece that captured the attention of investors and property enthusiasts alike. It truly shows the power of the digital auction experience, where buyers and sellers can achieve outstanding results with the ease and convenience of our platform. This sale marks a significant milestone, showcasing the strong demand in today’s market and the trust that our clients place in us. We’re incredibly proud to be part of this achievement and look forward to many more record-breaking moments ahead! 🚀 #PropertyAuction #Property #AuctionSuccess #RecordSale #PropertyInvestment #DigitalAuction David Sandeman David Leary FNAVA

The national auction market in October 2024 showcased a significant upswing compared to last year, with notable contributions from shifts in major players' schedules and performance dynamics. Allsop LLP Residential’s decision to hold an auction in October, a departure from their schedule in 2023, played a pivotal role in boosting lot offerings by 33.6% year-on-year to 4,251 and driving a 38.5% increase in sales. Additionally, Savills Auctions demonstrated a dramatic increase in activity, doubling the number of lots offered. Together, these factors drove a 46.5% rise in total funds raised for October, reaching... Read more including full regional breakdown here: https://lnkd.in/enQp2v59 #PropertyAuctionNews #AuctionStats #PropertyMarketReview David Sandeman

Read the full story https://lnkd.in/eMYvx7nN Property Investor Today recent reports suggest that buyers are looking to save time and money by buying chain free homes before the Stamp Duty increases from April 2025. The benefits of buying and selling a home through auction avoids lengthy and uncertain buying procedures as standard which would help many people find their dream home before the next financial tax year. 

Our runners and riders this Thursday for the Propertymark Surrey Regional Conference are 🏇 ✨ James Munro will detail the material information guidance ✨ Alex Jeffery will discuss legislation including the Renters' Rights Bill and what it means for agents ✨ Michael Stephen Day MBA FRICS FNAEA FARLA 🎸 will give his ten P's for business success ✨ ⭐️ Amanda O'Brien will help you generate high quality leads ✨ Timothy Bannister from Rightmove will highlight home-mover behaviour trends and pricing insights ✨ Hear presentations from Tim Thomas from the Propertymark Policy Team, NAEA Propertymark President Toby Leek AssocRICS President NAEA Propertymark and NAVA Propertymark Advisory Panel Member David Leary FNAVA Last few tickets remaining to join us at Epsom Racecourse ➡️ https://lnkd.in/eQSiECws In partnership with Rightmove

Refer a friend to EIG and you’ll receive a free month’s membership added to your own! We cover virtually every property coming up for auction, with over 3,000 lots a month! Search our database now to find your next property auction contact us for more info 01737 226150 https://lnkd.in/ey72JmVn #propertyauctions #auctionsearch #propertysourcing