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What's Happening in UK Property Auctions?
Manage episode 406325485 series 3309995
#146
Is now a good time to buy UK property? Do you wish you had a crystal ball to see six months into the future? How will the housing market look in the second half of 2024?
When analysts comment on the state of the market, they look to house price indexes from the The UK House Price or Nationwide or Halifax as they try to predict future trends.
But these indexes have a time lag given that the the length of time it takes on the open market for a home to go from 'sold subject to contract' to legally sold can vary between six weeks and six months.
By contrast, it’s often said that what happens in the auctions is a barometer for what happens in the wider market six months later. So with that in mind, this week, Andy Thompson from auctioneer Pugh Auctions UK is here to tell us what he’s seeing in the world of auctions now to help you make your UK property decisions in 2024.
We typically work with time poor professionals get a good return on their money by investing with us. To schedule a call to discuss
Leave an honest review of Expat Property Story
Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Monthly Newsletter
Follow the Show on Instagram
Tell us the one thing you’re struggling with in UK property
As a reminder, here are the details of where to meet other Expat Property Investors (For FREE!!!):
Hong Kong: The Urban Bakery in the Landmark Building in Central on the first Saturday of each month from 11:30 am
Dubai: Holiday Inn, Science Park on the first Wednesday of each month (from 7pm
Singapore: The Providore at VivoCity on the first Saturday of each month from 10:30 am
property auctions, real estate sales, auction house, auction strategies, auction platforms, realistic pricing, property values, auction risks, auction approach, conditional sales, modern method, auction security, due diligence, regional market trends, southern-based buyers, property types, probate properties, auction process, auction benefits, auction advice, auction competition, auction catalogs, commercial properties, local authority properties, property redevelopment, financial year sales, property networking, UK property market, Expat Property Guy podcast, property acquisition, auction challenge
172 episodios
Manage episode 406325485 series 3309995
#146
Is now a good time to buy UK property? Do you wish you had a crystal ball to see six months into the future? How will the housing market look in the second half of 2024?
When analysts comment on the state of the market, they look to house price indexes from the The UK House Price or Nationwide or Halifax as they try to predict future trends.
But these indexes have a time lag given that the the length of time it takes on the open market for a home to go from 'sold subject to contract' to legally sold can vary between six weeks and six months.
By contrast, it’s often said that what happens in the auctions is a barometer for what happens in the wider market six months later. So with that in mind, this week, Andy Thompson from auctioneer Pugh Auctions UK is here to tell us what he’s seeing in the world of auctions now to help you make your UK property decisions in 2024.
We typically work with time poor professionals get a good return on their money by investing with us. To schedule a call to discuss
Leave an honest review of Expat Property Story
Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Monthly Newsletter
Follow the Show on Instagram
Tell us the one thing you’re struggling with in UK property
As a reminder, here are the details of where to meet other Expat Property Investors (For FREE!!!):
Hong Kong: The Urban Bakery in the Landmark Building in Central on the first Saturday of each month from 11:30 am
Dubai: Holiday Inn, Science Park on the first Wednesday of each month (from 7pm
Singapore: The Providore at VivoCity on the first Saturday of each month from 10:30 am
property auctions, real estate sales, auction house, auction strategies, auction platforms, realistic pricing, property values, auction risks, auction approach, conditional sales, modern method, auction security, due diligence, regional market trends, southern-based buyers, property types, probate properties, auction process, auction benefits, auction advice, auction competition, auction catalogs, commercial properties, local authority properties, property redevelopment, financial year sales, property networking, UK property market, Expat Property Guy podcast, property acquisition, auction challenge
172 episodios
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