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Property Auctions – Who are the best property auction companies

Whether you need to sell a house fast as is, or you’re looking to purchase a bargain property. Then property auctions are usually at the forefront of people’s minds. However what auction company is right for your needs?

We have researched the majority of property auction houses within the UK to give you a brief understanding of each auction house in terms of who they are, what they specialise in and most importantly and whether they could be the right option for you.

Auction Companies

Allsop: One of the UK’s largest and most successful property auction houses based in both London and Leeds. Allsop is an independent property consultancy with a people-focused approach, this auction house predominantly focuses on commercial property.

Auction House: Auction House UK is a network of 40 property auctioneers who cover the whole of the country, holding more than 200 auctions a year. They can personally carry out valuations on your property, because of their local knowledge.

Barnard Marcus: Handling properties across the UK but auctions all in central London, they have been operating for over 35 years. They are one of the largest volume residential property auctioneers in the UK. Whether you are a novice or a seasoned professional they offer to provide help, advice and information on all aspects of buying and selling at auction.

Barnett Ross: London-based property auctioneer, one of the largest independent auction houses in the U.K. Barnett Ross was formed in October 2002, drawing upon the combined 60 year’s auction experience. selling homes, commercial property and apartments throughout the UK.

Brown & Co: This company was formed in 1993. They have an increasing network of offices throughout East Anglia, the Midlands and the Yorkshire and Humber region, specialising in rural property, agricultural, commercial and residential property.

Countrywide: Specialising in residential, commercial & industrial, agricultural properties and land auctions throughout the UK. They hold in the region of 20 property auctions per year across the North West, Yorkshire, South Wales, and Devon/Cornwall. Their auctions are held by and trade under locally recognised companies such as Sutton Kersh, Blundells, John Francis, and Countrywide.

Fox & Sons: Whether buying a home, land, letting opportunity, or restoration investment, Fox & Sons offer to make sure your experience goes as smoothly as possible by giving you all the help you need under one roof.

Fox & Sons are part of Sequence(UK) Limited one of the largest national networks of estate agents throughout the country. Operating along the South Coast of England with nearly 70 offices, Fox & Sons not only help people buy and sell a property they also arrange mortgages too, Fox & Sons auction property throughout Hampshire, Dorset, Wiltshire, Somerset, Devon, Cornwall, Isle of Wight, east and west Sussex.

Hunters: First established in York in 1992 and since then Hunters has expanded nationally and opened their first franchised branch in 2006. They now have a national network in key regions including London, Bristol, Midlands, Manchester and East Anglia. Hunters have an online property auction on their website as well as holding live auctions in York.

Martin & Pole: Martin & Pole specialise in the sale of properties in the Reading and Wokingham areas. Their auction rooms have been established in Wokingham for over 150 years. They are the only firm to specialise in Property Auctions in the Reading and Wokingham area alone. This will help when selling a property in that area due to their local expertise.

McHugh&Co: Welcome to McHugh & Co. They are independent Estate Agents and Auctioneers established in 1983. They are North London’s leading Auctioneers and hold regular sales throughout the year. They sell a wide variety of Residential, Commercial and Investment properties throughout London and the Greater London Area.

Michael Poole: Auctioning homes in the North East area, they undertake online residential property auctions. The firm was established in 1994. trading from the branch on Borough Road in Middlesbrough. The company now operates from 9 branches across the Teesside region.

Phillip Arnold Auctions: started as an auction house in 2007 under the name of Brendons Auctioneers Ltd. focus predominately on the West London area and its surroundings although they are successful in selling properties throughout the UK. They auction both commercial and residential property generally hold a bi-monthly auction.

Savills: Established in 1855 in the UK, Savills plc is one of the leading real estate advisors in the world. their range of expertise covers all the key segments of residential, office, industrial, retail, leisure, healthcare, rural and hotel property, and mixed-use development schemes. They have 600 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East.

In the UK Savills have been successfully selling property through auctions for some time now. They sell residential and commercial properties, houses, flats, land and a variety of commercial properties nationally.  Due to COVID-19, the process is conducted by remote online auction. Usually, higher-end houses, auctioned in central London,

Seel & Co: They specialise in Low-cost property based in Cardiff and South Wales. Currently undertaking their auctions online. Established in 1898, they are one of the largest independent property specialists, estate agents and chartered surveyors in Cardiff and South Wales. They are a family run business built on traditional values.

Sharpes property auctions: Established in 1976, Sharpes is based in Bradford and is one of the region’s leading and most experienced auctioneers, specialising in the sale of residential and commercial properties. They deal with both private individuals and corporate clients.

Sharpes occupy city centre offices on Upper Piccadilly in Bradford and hold multiple auctions throughout the year. Their auctions are held at the Midland Hotel in Bradford, West Yorkshire.

Shobrook & Co: A long-established family firm based in Devon known for tenanted homes, part-vacant investment properties or those requiring renovation, they generally undertake an auction every three to four months. It consists of two associated companies, Shobrook Auction Ltd and Shobrook Management Ltd providing a range of professional services across the property spectrum including residential sales and lettings, property management and valuation advice for a variety of purposes.

Strettons:  Established in 1931 Strettons is a leading, independent firm of property advisors with expertise across a wide range of commercial and residential property, advising buyers, owners, occupiers, investors, developers, property auctions, property & asset management and valuation & advisory services. Their auction department covers the whole of the UK however the majority of properties seem to be located in London and southern England mainly low-cost homes.

Symonds & Sampson: Established in 1858 but an LLP since 2007 the firm has grown substantially in recent years with over 160 staff in 16 offices covering the counties of Dorset, Somerset, Devon, Wiltshire & Hampshire. One of the UK’s leading independent residential and commercial property auctioneers. They hold monthly sales of all types of freehold and leasehold property from houses, building plots, land and farms through to the most unusual.

Wilsons Auctions is a family-owned business, formed in 1936. The company has grown from a single auction site based in Northern Ireland to become one of the largest independent auction companies in the UK and Ireland with an annual hammer total of over £400 million. Wilsons Auctions has nineteen sites, including ten branches in Belfast, Glasgow, Dublin, Maidstone, Newcastle-Upon-Tyne, Newport, Portadown, Queensferry, Telford and Oxford. Holding over 3100 auctions each year, Wilsons Auctions can auction every category of an asset from cars and vans, plant and machinery to property and general goods. It also has the expertise to deal with more luxurious goods including planes, yachts, gold bars, supercars, designer goods, prestigious watches and more recently expanding its offering to cryptocurrency.

Tips to consider when selling a property at auction:

  1. Consider their Local Knowledge and Contacts
  2. Ensure they are RICS-Qualified
  3. What do they specialise in
  4. Consider In-House and Online Auction Houses
  5. Who can Market Your Property the best to generate more interest?
  6. Think about Location and National Reach
  7. Always Check out the Terms of Appointment
  8. Pick a Member of NAVA

Tips to consider when buying a property at auction:

  1. Consider visiting an auction to gain experience of the auction atmosphere without bidding.
  2. View the auction catalogue before attending the auction.
  3. Undertake due diligence on the property that you are interested in.
  4. Go and view the property.
  5. Instruct a conveyancer who is familiar with the auction purchases and ask them to review the legal pack.
  6. Make sure you get a survey done if you can gain access to the property.
  7. Ensure that you have the finances available to purchase a property through auction, usually, if you are the winning bidder at auction then you will need to pay 10 per cent immediately, the remaining balance will need to be paid within 28 days.
  8. Calculate a budget for your project which includes purchasing, legal and renovation costs, this will help you to not get carried away and pay over the odds for a property at auction.
  9. Read the auction house terms and conditions before attending as sometimes there can be hidden costs, such as auction fees.
  10. You may need to submit some identification documents before attending the auction house. Also, you may need to confirm that you have the available funds to purchase a property.

 

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Property Auctions – Who are the best property auction companies

Whether you need to sell a house fast as is, or you’re looking to purchase a bargain property. Then property auctions are usually at the forefront of people’s minds. However what auction company is right for your needs?

We have researched the majority of property auction houses within the UK to give you a brief understanding of each auction house in terms of who they are, what they specialise in and most importantly and whether they could be the right option for you.

Auction Companies

Allsop: One of the UK’s largest and most successful property auction houses based in both London and Leeds. Allsop is an independent property consultancy with a people-focused approach, this auction house predominantly focuses on commercial property.

Auction House: Auction House UK is a network of 40 property auctioneers who cover the whole of the country, holding more than 200 auctions a year. They can personally carry out valuations on your property, because of their local knowledge.

Barnard Marcus: Handling properties across the UK but auctions all in central London, they have been operating for over 35 years. They are one of the largest volume residential property auctioneers in the UK. Whether you are a novice or a seasoned professional they offer to provide help, advice and information on all aspects of buying and selling at auction.

Barnett Ross: London-based property auctioneer, one of the largest independent auction houses in the U.K. Barnett Ross was formed in October 2002, drawing upon the combined 60 year’s auction experience. selling homes, commercial property and apartments throughout the UK.

Brown & Co: This company was formed in 1993. They have an increasing network of offices throughout East Anglia, the Midlands and the Yorkshire and Humber region, specialising in rural property, agricultural, commercial and residential property.

Countrywide: Specialising in residential, commercial & industrial, agricultural properties and land auctions throughout the UK. They hold in the region of 20 property auctions per year across the North West, Yorkshire, South Wales, and Devon/Cornwall. Their auctions are held by and trade under locally recognised companies such as Sutton Kersh, Blundells, John Francis, and Countrywide.

Fox & Sons: Whether buying a home, land, letting opportunity, or restoration investment, Fox & Sons offer to make sure your experience goes as smoothly as possible by giving you all the help you need under one roof.

Fox & Sons are part of Sequence(UK) Limited one of the largest national networks of estate agents throughout the country. Operating along the South Coast of England with nearly 70 offices, Fox & Sons not only help people buy and sell a property they also arrange mortgages too, Fox & Sons auction property throughout Hampshire, Dorset, Wiltshire, Somerset, Devon, Cornwall, Isle of Wight, east and west Sussex.

Hunters: First established in York in 1992 and since then Hunters has expanded nationally and opened their first franchised branch in 2006. They now have a national network in key regions including London, Bristol, Midlands, Manchester and East Anglia. Hunters have an online property auction on their website as well as holding live auctions in York.

Martin & Pole: Martin & Pole specialise in the sale of properties in the Reading and Wokingham areas. Their auction rooms have been established in Wokingham for over 150 years. They are the only firm to specialise in Property Auctions in the Reading and Wokingham area alone. This will help when selling a property in that area due to their local expertise.

McHugh&Co: Welcome to McHugh & Co. They are independent Estate Agents and Auctioneers established in 1983. They are North London’s leading Auctioneers and hold regular sales throughout the year. They sell a wide variety of Residential, Commercial and Investment properties throughout London and the Greater London Area.

Michael Poole: Auctioning homes in the North East area, they undertake online residential property auctions. The firm was established in 1994. trading from the branch on Borough Road in Middlesbrough. The company now operates from 9 branches across the Teesside region.

Phillip Arnold Auctions: started as an auction house in 2007 under the name of Brendons Auctioneers Ltd. focus predominately on the West London area and its surroundings although they are successful in selling properties throughout the UK. They auction both commercial and residential property generally hold a bi-monthly auction.

Savills: Established in 1855 in the UK, Savills plc is one of the leading real estate advisors in the world. their range of expertise covers all the key segments of residential, office, industrial, retail, leisure, healthcare, rural and hotel property, and mixed-use development schemes. They have 600 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East.

In the UK Savills have been successfully selling property through auctions for some time now. They sell residential and commercial properties, houses, flats, land and a variety of commercial properties nationally.  Due to COVID-19, the process is conducted by remote online auction. Usually, higher-end houses, auctioned in central London,

Seel & Co: They specialise in Low-cost property based in Cardiff and South Wales. Currently undertaking their auctions online. Established in 1898, they are one of the largest independent property specialists, estate agents and chartered surveyors in Cardiff and South Wales. They are a family run business built on traditional values.

Sharpes property auctions: Established in 1976, Sharpes is based in Bradford and is one of the region’s leading and most experienced auctioneers, specialising in the sale of residential and commercial properties. They deal with both private individuals and corporate clients.

Sharpes occupy city centre offices on Upper Piccadilly in Bradford and hold multiple auctions throughout the year. Their auctions are held at the Midland Hotel in Bradford, West Yorkshire.

Shobrook & Co: A long-established family firm based in Devon known for tenanted homes, part-vacant investment properties or those requiring renovation, they generally undertake an auction every three to four months. It consists of two associated companies, Shobrook Auction Ltd and Shobrook Management Ltd providing a range of professional services across the property spectrum including residential sales and lettings, property management and valuation advice for a variety of purposes.

Strettons:  Established in 1931 Strettons is a leading, independent firm of property advisors with expertise across a wide range of commercial and residential property, advising buyers, owners, occupiers, investors, developers, property auctions, property & asset management and valuation & advisory services. Their auction department covers the whole of the UK however the majority of properties seem to be located in London and southern England mainly low-cost homes.

Symonds & Sampson: Established in 1858 but an LLP since 2007 the firm has grown substantially in recent years with over 160 staff in 16 offices covering the counties of Dorset, Somerset, Devon, Wiltshire & Hampshire. One of the UK’s leading independent residential and commercial property auctioneers. They hold monthly sales of all types of freehold and leasehold property from houses, building plots, land and farms through to the most unusual.

Wilsons Auctions is a family-owned business, formed in 1936. The company has grown from a single auction site based in Northern Ireland to become one of the largest independent auction companies in the UK and Ireland with an annual hammer total of over £400 million. Wilsons Auctions has nineteen sites, including ten branches in Belfast, Glasgow, Dublin, Maidstone, Newcastle-Upon-Tyne, Newport, Portadown, Queensferry, Telford and Oxford. Holding over 3100 auctions each year, Wilsons Auctions can auction every category of an asset from cars and vans, plant and machinery to property and general goods. It also has the expertise to deal with more luxurious goods including planes, yachts, gold bars, supercars, designer goods, prestigious watches and more recently expanding its offering to cryptocurrency.

Tips to consider when selling a property at auction:

  1. Consider their Local Knowledge and Contacts
  2. Ensure they are RICS-Qualified
  3. What do they specialise in
  4. Consider In-House and Online Auction Houses
  5. Who can Market Your Property the best to generate more interest?
  6. Think about Location and National Reach
  7. Always Check out the Terms of Appointment
  8. Pick a Member of NAVA

Tips to consider when buying a property at auction:

  1. Consider visiting an auction to gain experience of the auction atmosphere without bidding.
  2. View the auction catalogue before attending the auction.
  3. Undertake due diligence on the property that you are interested in.
  4. Go and view the property.
  5. Instruct a conveyancer who is familiar with the auction purchases and ask them to review the legal pack.
  6. Make sure you get a survey done if you can gain access to the property.
  7. Ensure that you have the finances available to purchase a property through auction, usually, if you are the winning bidder at auction then you will need to pay 10 per cent immediately, the remaining balance will need to be paid within 28 days.
  8. Calculate a budget for your project which includes purchasing, legal and renovation costs, this will help you to not get carried away and pay over the odds for a property at auction.
  9. Read the auction house terms and conditions before attending as sometimes there can be hidden costs, such as auction fees.
  10. You may need to submit some identification documents before attending the auction house. Also, you may need to confirm that you have the available funds to purchase a property.

 

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