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Auction Barometer Q1 2024.jpg
18 Jun 2024
Auctions Barometer: Q1 2024

2024 has started well. In the Residential and Commercial property sectors there seems to be a return of confidence, probably helped by the hold in interest rates. Catalogue numbers remain strong and registered bidder levels are also high. Our Fine Art & Chattels members report that 2024 has started buoyantly with plenty of bidders keen to get out of the blocks and acquire lots at all price levels and across all fields of collecting and furnishing.

High street to let
17 May 2024
High street auctions set to fill empty properties

The UK Government has announced that new powers to enable local authorities in England to regenerate high streets and fill empty shops will be in place by summer 2024. Propertymark welcomes the move, but we would like to see more detail on which areas will benefit the most, how the powers will be funded, and how they will be used in practice by councils.

Auctions Barometer, Q4 2023.jpg
08 Apr 2024
Auctions Barometer: Q4 2023

For the last quarter of 2023 in the property auction sector, catalogue numbers continued to grow substantially, although high numbers of properties continue to be withdrawn before auction. In the commercial auction sector sales and instructions are experiencing a notable surge propelled by corporate insolvencies spanning various sectors. In the goods, chattels, and fine art sector there continues to be a plentiful supply of buyers to create competitive open market bidding in all sectors.

Auctions Barometer, Q3 2023.jpg
11 Jan 2024
Auctions Barometer: Q3 2023

Despite inflation moving in the right direction, economic uncertainty continues to affect auction markets and beyond with many members expressing concerns. In the property auction sector, catalogue numbers have continued to grow substantially, although high numbers of properties continue to be withdrawn prior to auction. In the commercial auction sector sales and instructions are experiencing a notable surge propelled by corporate insolvencies spanning various sectors.

Focus on Gavel.jpg
21 Dec 2023
Property auction prospects for 2024

Richard Worrall, NAVA Propertymark President, who has been involved with property sales for almost 38 years looks back at 2023 and shares what valuers and auctioneers should look out for over the coming 12 months.

SDL auctions logo
04 Sep 2023
How auctioneers and estate agents are collaborating to bring better results

There was a time when estate agents and auctioneers worked independently even though the aim was the same: to achieve the right price for a property and have a long list of satisfied buyers and sellers, however, the industry is now seeing a growing relationship develop with favourable outcomes.

NAVA Propertymark window sticker.png
31 Jul 2023
President sees bright future for auctioneers

Richard Worrall, the newly appointed President of NAVA Propertymark, shares his vision for the auctions division, outlining his ambition to help grow the membership fuelled by his drive and determination to make a difference.

Blurred high street shoppers.jpg
11 Jul 2023
Vacant properties are a blight on high streets

Responding to the Department for Levelling Up, Housing and Communities (DLUHC) consultation on High Street Rental Auctions (HSRA), Propertymark states empty properties can become magnets for anti-social behaviour and vandalism, impact a location’s economic performance as well as impact positive footfall risking the viability of other businesses nearby resulting in threats to job opportunities.

Auctions Barometer, June 2023.jpg
11 Jul 2023
Auctions Barometer: June 2023

Our latest report has revealed that online auctions, particularly non-live formats, have gained popularity and surpassed traditional ballroom auctions, indicating a potential long-term shift away from in-person auctions.

ivory scheme submission.jpg
19 Jun 2023
Five new species to be protected under Ivory Act extension

Hippopotamus, walrus, narwhal, killer whale (orca) and sperm whale will receive greater legal protections under the UK’s world-leading ban on importing, exporting and dealing in items containing ivory.

SDL auctions logo
16 May 2023
Auctioneer shares tips for selling a tenanted property

As the property market continues to experience changes and challenges, landlords are feeling the strain more than most, and with more EPC rating changes looming plus the continuing pressures around the cost of borrowing, it’s no wonder many feel worried about the future and even consider leaving the sector entirely.

Auctions Barometer, March 2023.jpg
28 Mar 2023
Auctions Barometer: March 2023

The very first NAVA Propertymark member report outlines what’s going on for the sector and, as expected, it shows members are struggling with the decision to return to in-person auctions or to remain online.

PP issue 50.jpg
23 Mar 2023
Issue 50: Spring 2023

It's always an exciting time to be a property professional! The constant changes and flux in the market keep us all on our toes and, as ever, all property disciplines are evolving and continue to offer opportunity for those who respond to the market indicators, be that lettings, auctions, sales or commercial markets.

Gavel property aution.jpg
03 Feb 2023
What CGT allowance changes mean for landlords and second homeowners

Chancellor Jeremy Hunt announced in his Autumn Statement in 2022 that the current Capital Gains Tax allowance of £12,300 is being halved to £6,000 from April 2023 and then cut again to £3,000 from April 2024. That could mean an increased tax bill for many property owners planning to sell in 2023, but what can be done to avoid it?

FS Ivory.jpg
06 Jun 2022
Fact sheet: Ivory Act 2018

The purpose of the Ivory Act is to prohibit commercial activities concerning ivory in the UK and the import and re-export of ivory for commercial purposes to and from the UK. This includes intra-EU trade to and from the UK.

Hand holding aution bid sign.jpg
21 Apr 2022
How estate agents can utilise auctions

Agents have a range of options available to them for selling a property. Choosing the right one can have a huge impact on the price achieved, the satisfaction of buyers and sellers with the process, and the reputation of the agent.

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