House Auction Prices - Bag a Property Bargain in 2011?

publication date: Jan 19, 2011
 | 
author/source: Kate Faulkner, Property Expert and Author of Which? Property Books
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House Auction Prices - Bag a Property Bargain in 2011?


November's auction results start to support a slow down in the sales of residential property as the number of properties coming through the auction houses increased dramatically. November lots were up by 12% versus November 2009 and the number of lots sold was up by 8%, although the value was down by 3.6% as the percentage of lots sold was less than 60%.

READ MORE for all the up to date property auction market analysis.

Thinking of buying for the first time, trading up or investing? Then don't buy until you've checked out your local property auction!

REMEMBER: Do your research first and NEVER buy a property at auction without a survey and the legal checks!

READ MORE to find out whether 2011 is the year to pick up a property bargain!

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