All house prices are still rising popular areas, homes usually already under contract by the time the estate agents board goes up. People should also find another sources a part from estate agent
Every year around 40,000 properties are sold at auction in the UK – many at up to 30% below high street prices. Auction firms always focus on unusual, hard-to-value premises like churches and village halls, commercial lots with potential for change to residential property.Usualy properties which need renovation get sold though the auction. This is why most of the time you going to find yourself in competition with professional property developers.
To get property at auction requires very careful planning, full attention to details and good nerves.
If you succeed the reward – dream house at good price. But if you dont do carefully groundwork then your bargain could turn out to be very costly under- the-hammer horror. It is worth know that some superficially good looking properties go to auction because they have hidden problems like dry rot, strict planning restrictions, bad neighbors
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