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3 property auctions today - Weds 14 May

silvercar
silvercar Posts: 49,957 Ambassador
Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
in House buying, renting & selling
As the title. 3 property auctions today:

Two here:

http://www.eigroup.co.uk/onlineauctions/

The first one has a lot of North London properties, an area that hasn't seen much drop in prices yet. The second is a small Ipswich based auction.

Also this auction is in Hertfordshire, though I can't find a live auction link.

http://www.elliottauctions.co.uk/auctions.html
I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
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Comments

  • silvercar
    silvercar Posts: 49,957 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    lot 11, finchley flat sold for 200k in March 2007, just reached 285k.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • silvercar
    silvercar Posts: 49,957 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    lot 17, flat in harrow, mansion block not new build, sold for 175k in 2007, just went for 205k.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • silvercar
    silvercar Posts: 49,957 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    lot 18, big house that has PP for granny annexe, unsold at 730k, guide price 700k, greedy sellers!
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • MissMoneypenny
    MissMoneypenny Posts: 5,324 Forumite
    Each time I look, it is showing properties as unsold.

    How many are selling?
    RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
    Read the sticky on the House Buying, Renting & Selling board.


  • MissMoneypenny
    MissMoneypenny Posts: 5,324 Forumite
    Lot 20 unsold too
    RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
    Read the sticky on the House Buying, Renting & Selling board.


  • ncooper1974
    ncooper1974 Posts: 291 Forumite
    so they are selling for more than they were originally paid for in 2007?!?
  • MissMoneypenny
    MissMoneypenny Posts: 5,324 Forumite
    Lot 21 just made its guide price.
    Lot 22 unsold - flat
    Lot 23 just made its guide price

    I seem to be jinxing the sales when I watch.
    RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
    Read the sticky on the House Buying, Renting & Selling board.


  • MissMoneypenny
    MissMoneypenny Posts: 5,324 Forumite
    Lot 27 Unsold - BTL with income of £10.139
    RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
    Read the sticky on the House Buying, Renting & Selling board.


  • Pennywise
    Pennywise Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Lots 38 and 39 unsold despite reaching good prices. Lot 42 unsold at 182.5 when the guide price was 180. And lot 43 unsold. Some people clearly don't realise there is a HPC. At this rate the auctioneers will have sold maybe only half of the properties for auction. I think we'll be seeing auctioneers going out of business next! Lot 45 unsold, guide price £500, bid to £490 - I'd be snapping their hand off to get within £10k of the value! Lot 46 guide price £350plus - bid to only 305 unsold - ouch. This is absolutely fascinating, never watched one before - I've been watching for half an hour and not seen a single property sold yet!
  • MissMoneypenny
    MissMoneypenny Posts: 5,324 Forumite
    Lot 31 and 32 unsold too
    RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
    Read the sticky on the House Buying, Renting & Selling board.


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