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ImPORTANT NOTICE The Auctioneers reserve the right to refuse bids from any
prospective purchaser who is unable to provide adequate identification in the form of a
current driving licence or passport, electricity, gas, water or rates account etc.
The Auctioneers may require confirmation of bankers draft deposits to confirm that
they are adequate in amount for the deposits required.
london
tuesday 10th December at 1.00pm
this is our final national auction in 2013 and is our
largest. we have 75 lots in total generated throughout
england, Scotland, northern ireland and wales with
a selection of development,investment and owner
occupation opportunities from Mortgagees in possession,
lpa Receivers, nHS trusts, Charity organisations, private
Vendors and many more. Something to suit everyone's
budget!
as the year comes to a close it is now time to look ahead
to 2014. the promising signs in the housing market have
been well documented over the last six months or so.
the new "Help to buy" scheme has loosened the grip on
funding with improved mortgage liquidity, which, combined
with increased confidence has gathered momentum and
generated high expectations of future house price growth in
2014 and beyond. importantly, transaction levels are on the
way up too as mortgage finance is more readily available,
but remain a shadow of their former selves. by the end of
2013 it is estimated there will be approximately 800,000
transactions with an expected 10% uplift in 2014.
So what about 2014... with the present slow response of
supply from existing homeowners' stock and new build, the
housing market has seen a rapid acceleration in house price
growth. expectations of a similar pattern should continue
into 2014. activity levels should continue to rise as demand
picks up putting pressure on prices unless supply increases
significantly. there are likely to be the usual regional
differences with london and the South east, again, faring
amongst the best although average prices are forecast to go
up in the South west by as much as 6% in 2014,whereas
northern england is typically set to rise between 2.5% to
4%. positive news across the board!
this just may be the best time to purchase a property.
Happy hunting!
Mark tanton b.Sc. (Hons) , M.R.i.C.S
Director and principal auctioneer
MaRk tanton
Director & principal
auctioneer
on behalf of the auction team i would like to extend to you my warmest wishes
and look forward to seeing you at our sale in london on 10 December.