West Midlands’ commercial property sales showed an extraordinary surge in 2024. Latest auction data reveals a 13.9% increase in total funds raised to £5.5 billion. The number of lots sold reached 28,063, which represents a 10.6% rise from the previous year. These numbers demonstrate the region’s property market strength. Freehold commercial property demand remains high, […]
Recent UK property market data shows a harsh reality. Investment volumes fell to £34.3 billion in 2023. This represents a 47% drop and the lowest investment activity since 2009. The market presents a mixed picture as 53% of property investors feel confident about their investments in 2024. House prices decreased by 2.1% in the 12 […]
Gone are the days of physically visiting auction houses to browse property listings. The property auction scene now unfolds right from your living room and changes how we find and track opportunities across the UK. Property auctions UK have become easier to access whether you’re looking for new homes, investment properties, or commercial premises. PropertyAuctionAction.co.uk […]
Young buyers aged 18-24 have shown a staggering 441% increase in interest toward UK property auctions. This signals a major change in property transactions, with 90% of Gen Z buyers ready to purchase homes through digital platforms. The market for online property auctions in the UK continues to grow. Properties are now more available to […]
UK rental prices have hit record highs. London leads with a remarkable 9.8% jump that has pushed the national monthly average to £1,295. The rental scene shows England’s average payments have reached £1,336. Welsh tenants pay around £760 while Scottish residents face costs of £973. The market continues to evolve as the Renters’ Rights Bill […]
UK property auctions have seen a remarkable surge. The market grew by 62.9% between 2021 and 2022 and reached £409.3 million in revenue. Romans Auction, among other prominent auction houses, has been pioneering this progress. Traditional property sales usually take 3-6 months to complete. Auction sales offer a quicker alternative with a 56-day completion period. […]
The property market can be an exciting yet challenging world, especially for buyers and sellers navigating the process for the first time. From understanding price dynamics to dealing with fees and valuations, there’s much to learn. Whether you’re selling a flat in Cornwall or purchasing a detached house in Kent, knowing the ins and outs […]
The UK property auction market shows remarkable growth. Property owners increasingly choose auction sales, leading to a stunning 62.9% increase between 2021 and 2022. The sector’s revenue reached £409.3m in 2022, marking a 30% rise since 2013. Traditional property sales can drag on for 3-6 months. Auction sales offer a quicker alternative. The modern method […]
A well-planned outdoor garden lighting setup can boost your home’s value by up to 20%. Most gardens remain dark after sunset, hiding their beauty from view. Many of us have experienced this common scenario – we host an evening gathering or want to enjoy our garden after dark. Then we realise our outdoor space needs […]
UK interest rates have hit their highest point in 15 years. This has revolutionised the property investment market across the country. The Bank of England kept the base rate at 5.25% through late 2023 and into 2024 resulting in property investors and landlords now face new challenges in the buy-to-let sector. Higher rates have changed […]
Every year, more than 164,000 emergency room visits are caused by ladder-related accidents at home. Most of these incidents could have been prevented with proper ladder safety knowledge and practises. Making your ladder safer isn’t complicated, but it requires attention to detail and consistent safety protocols. Whether you’re cleaning gutters, hanging holiday decorations, or tackling […]
Interest in the UK property market will remain high in the summer as several large property auctions will take place. Whether one is interested in property investment, is a new homeowner, or simply has a general interest in the property market, these auctions offer a plethora. Below, we take a closer look at the standout […]
The rental reform bill is set to shake up the private rented sector, bringing significant changes for both landlords and tenants. This legislation aims to address long-standing issues in the rental market, including unfair evictions, substandard living conditions, and the balance of power between property owners and renters. As the housing landscape continues to evolve, […]
Enhance Your Property by Laying a New Patio It is time to start thinking about your outdoor spaces when summer is approaching. The patio in the example is twenty years old and is beginning to show its age. The patio slabs have sunken in places and become uneven in high-traffic areas. It’s time to pull […]
What is Hope Value? Hope value land auctions represent a unique opportunity for buyers to acquire parcels of land with the promise of future development potential. In these auctions, “hope value” refers to the anticipation of obtaining planning permission for residential, commercial, or industrial projects, which could significantly increase the land’s value over time. As […]
Driveway Problem A tarmacked north facing drive, especially with a thin skim of old asphalt that slopes towards the house, is always going to be a maintenance headache. Moss from the roof gets dropped onto the blacktop followed by rain which never really evaporates making an ideal haven for moss and algae to thrive turning […]
The rental reform bill is set to shake up the private rented sector, bringing significant changes for both landlords and tenants. This legislation aims to address long-standing issues in the rental market, including unfair evictions, substandard living conditions, and the balance of power between property owners and renters. As the housing landscape continues to evolve, […]
The allure of property auctions has captivated many potential investors looking to dive into the world of real estate with the aim of tapping into rental investment potential. Auctions offer a unique platform where properties can often be acquired at prices below market value, providing an attractive entry point for investors. However, navigating auctions successfully […]
Do you have a corner of your house that doesn’t really speak to you and you want a quick and simple way to transform it into something that makes you smile. Well the answer might be easier than you think. Sometimes just doing a few simple changes can make all the difference and give you […]
Interest in the UK property market will remain high in the summer as several large property auctions will take place. Whether one is interested in property investment, is a new homeowner, or simply has a general interest in the property market, these auctions offer a plethora. Below, we take a closer look at the standout […]
Following a pivotal antitrust lawsuit settlement, the landscape of US real estate agent commission, specifically how much commission do realtors (estate agents) make and the negotiation of estate agent fees, is undergoing significant changes that are slated to occur in July 2024. The National Association of Realtors (NAR) has implemented new rules that modify the […]
In the realm of property, auctions present a unique opportunity for savvy investors and homebuyers alike. These fast-paced events offer the tantalizing prospect of acquiring properties at prices below market value. However, navigating the intricate world of auctions requires careful financial planning and access to specialized financial products tailored to meet the demands of this […]
Following a pivotal antitrust lawsuit settlement, the landscape of US real estate agent commission, specifically how much commission do realtors (estate agents) make and the negotiation of estate agent fees, is undergoing significant changes that are slated to occur in July 2024. The National Association of Realtors (NAR) has implemented new rules that modify the […]
When it comes to the world of property investment, securing funding can seem like an unnerving and unattainable job on your property investment tasklist. Whether you’re a seasoned investor or a newcomer to the field, sometimes navigating the complex financial landscape requires expertise, strategy, and often, the assistance of professionals. This is where financial brokers […]
When it comes to the world of property investment, securing funding can seem like an unnerving and unattainable job on your property investment tasklist. Whether you’re a seasoned investor or a newcomer to the field, sometimes navigating the complex financial landscape requires expertise, strategy, and often, the assistance of professionals. This is where financial brokers […]
Hope value land auctions represent a unique opportunity for buyers to acquire parcels of land with the promise of future development potential. In these auctions, the concept of “hope value” refers to the anticipation of obtaining planning permission for residential, commercial, or industrial projects, which could significantly increase the land’s value over time. As buyers […]
In the realm of property investment, securing funding can be a daunting task. Whether you’re a seasoned investor or a newcomer to the field, sometimes navigating the complex financial landscape requires expertise, strategy, and often, the assistance of professionals. This is where financial brokers can step in, playing a crucial role in facilitating the funding […]
Unloved and unused area of the kitchen Have you got a corner of your kitchen which is never used and just feels like a part of the room that has no purpose and is hard to furnish. May be you have tried to fill the space with different furnishing ideas over the years such as […]
investment property Belize The real estate market is always in flux, and finding the right opportunity to invest can be tricky. But with the right guidance and strategy, it’s possible to see great returns on Investment Property Belize. The nation’s pristine beauty and its rich biodiversity are major draws for visitors. In addition, its affordable […]
By James Brook FRICS. James Brook FRICS is the co-founder of Novello Chartered Surveyors and one of the youngest people to hold a prestigious RICS Fellowship. In 2020 aged just 29 he won the RICS Chartered Surveyor of the Year Award and Novello Chartered Surveyors has grown from four to 28 employees in just three […]
The spring of 2024 is approaching, blooming the earth and bringing sunlight to us. Changing seasons not only affect the earth and our moods but property trends as well. So what does Spring bring to the table for property auctions? As winter fades and spring brings its warmth the real estate market comes alive with […]
Unloved and unused area of the kitchen Have you got a corner of your kitchen which is never used and just feels like a part of the room that has no purpose and is hard to furnish. May be you have tried to fill the space with different furnishing ideas over the years such as […]
Nestled amidst the breathtaking landscapes of the French Alps lies a hidden treasure trove of real estate opportunities, waiting to be discovered by eager buyers and skiing enthusiasts alike. With its majestic peaks, picturesque villages, and world-renowned ski resorts, the French Alps have long been a coveted destination for property investors and holidaymakers alike. There […]
Thank you for the insights Giles. It was very interesting to witness the full process of gutter replacement and installation. I find it fascinating how the whole system fits together so elegantly, gently diverting rainwater away from the fascia and into the drainage systems.
The Early Years During the early days of the computer era, which can be traced back to the 1960s and 1970s, the property industry underwent a gradual transformation with the integration of computers. While the technology was not as advanced as today, the introduction of computers brought notable changes to various aspects of the property […]
When the term “Laser Beam” is used it brings to mind images of a dystopian society where powerful Star Wars type weapons are used as instruments of war rather than tools to improve the world. Laser beam technology Laser beam technology has been around since the early 1960’s and is used in a wide variety […]
When you spot a leak in the ceiling it is always worrying not being able to see what the root cause of the problem is. Water leaks can cause a lot of collateral damage not just from the immediate effects of the leak damage but also from the breakage that has to occur in order […]
As you’re probably aware this is meant to be a blog all about property auctions and the associated pre-auction and post auction topics like market conditions and property renovation that accompany them. So this article is a bit off topic but still has a property related theme that being the propertyauctionaction.co.uk L200 Series 5 truck, […]
Property investors simply wish to live a quiet life and enjoy their passive income. However, contradictory to popular belief, there are a lot of tasks and chores that landlords and rental owners need to handle daily. Especially if they rent their properties daily and weekly. Property management companies exist to assist such business owners. People […]
Spring is here and it’s time for a good cleaning! Thorough cleaning is crucial for property maintenance to keep everything in pristine condition and make sure that you won’t have to waste money on recurring maintenance issues. If you deep-clean your property frequently, you won’t have to worry about renovations and repainting. Therefore, it’s best […]
Unloved and unused area of the kitchen Have you got a corner of your kitchen which is never used and just feels like a part of the room that has no purpose and is hard to furnish. May be you have tried to fill the space with different furnishing ideas over the years such as […]
By James Brook FRICS. James Brook FRICS is the co-founder of Novello Chartered Surveyors and one of the youngest people to hold a prestigious RICS Fellowship. In 2020 aged just 29 he won the RICS Chartered Surveyor of the Year Award and Novello Chartered Surveyors has grown from four to 28 employees in just three […]
There are three main search areas on www.propertyauctionaction.co.uk. The overall site search, the Next Auction Date table search and the Auction House Directory search. Site search To use the overall site search just click on the magnifying glass in the top right hand corner of the page and then key in the word or words […]
Do you have a corner of your house that doesn’t really speak to you and you want a quick and simple way to transform it into something that makes you smile. Well the answer might be easier than you think. Sometimes just doing a few simple changes can make all the difference and give you […]
We had a Mira Flight shower tray that we had fitted to an en-suite bathroom and all was all ok for about 18 months. Then it started to overflow the shower tray while showering because the water was not draining away quick enough. Cleaning out the Mira Flight waste tube We regularly cleaned out the […]