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To date we have sold over 9 million pounds worth of lots in my auction rooms in 2019, in a declining property market, talk of austerity and slow economic growth in property, a general election and with Brexit looming or not looming (I’m not sure anyone knows at the moment!) this is a superb success story, one of which I’m very proud to be a part of.
However we are not mentioning the 'B' word! At the time of going to print the nation is still a little unsure if it will or won’t happen so instead we are happy to mention the 'B' for Blundells instead!
No more so than our July sale which saw 2.4million pounds of property exchanging hands in around an hour and a sold rate on the day of 74%. With post auction sales after the auction this is now closer to 95% and in fact we have 0 lots left from any previous sales!
We’ve already had record temperatures and seen record events hit the headlines. So Brexit didn’t happen did it, June’s tenant fee ban did, a controversial new royal baby name causes split opinions, we had a visit from a not so popular Head of State and a new Prime Minister which ‘May’ or ‘May’ not have happened by the time this auction arrives!
What a marvellous start to the year it’s been! We’ve been super busy here at auctions both in the office and out and the feedback we have had from the March sale has been great. We sold 94% of the lots with 1.87 million pounds of property selling and some very spirited bidding in the room.
We’ll try in our first auction of the year to avoid the 'B' word! Will we? Wont we? Backstop? No backstop? Referendum on a referendum? Who only knows!! So many unknowns at this time but one thing I do know is we have a belter of a catalogue lined up and some incredible 'not to be missed' lots.