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How to find out about UK property auctions

The principal attraction of buying at UK property auction is that you can buy the property at below the prevailing market rates and the transaction takes place immediately without protracted negotiations.
Potential UK auctions properties are usually offered to real estate agents first, so spend some time cultivating a relationship with your local estate agents to know when and where a property auction is held.
We are living in the age of computers and therefore there can not be an easier, quicker and more comprehensive way of obtaining UK property auction information than searching the Internet.

There are property auction venues in almost all cities in the UK and also in several towns and the Internet is inundated with all possible information  about when and where property auctions are being held, and what lots are going to be auctioned on a given day.

All it requires is some sort of patience on your part to find out the different auction venues in your convenient areas, check the dates and time of auctions, and you can also know exactly what lots are up for sale – quite often with pictures and more importantly property addresses.
    
It is wise not to bid for a property without first inspecting it and knowing beforehand the estimated cost of repairs/ renovation.  Besides, you will also have an opportunity to view the surroundings and know firsthand the quality of neighborhood. For this purpose, the property address found on the Internet will be extremely useful. Generally the property addresses are seldom mentioned in the auction catalogue.

If you are planning to buy property as an investment or for resale, then you can search the Internet for a much wider geographical area. This will help you find property auction information in a big way in the quickest possible time.

If you happen to be a property developer, you can search for auction details by a wide area or simply by price. Property developers are more into the real estate business unlike individuals seeking to buy a home for personal occupation - they may be in need of comprehensive information.
It may be interesting to know there are over 200 property auctioneers in the UK, so registering with them all may be tedious and time consuming.  By signing up with local auctioneers you will receive details of relevant properties. Whichever type of property buyer you are, the internet is indisputably the best place to find property auction information.

Sometimes tracking down auction websites can be hard and frustrating and so below is a list of some of the most prominent auctioneers you can bookmark.

-    Allsop is the UK's most successful auctioneer of both commercial and residential properties located in London http://www.auction.co.uk/residential/home.asp
-    Operating since 1971, Andrew Grant Auctions are based in Worcestershire and operating since 1971. http://www.andrew-grant.co.uk/content/Auctions
-    Often featured on the TV programs, Butters John Bee Auctions, based in Stoke on Trent, Derbyshire, are one among the frontline UK auctioneers. http://www.buttersjohnbee.co.uk/residential/auctions.cfm
-    Located in Chelmsford, Essex, Countrywide Property Auctions have been in property auction business since 1992.They run more than 50 auctions per year across England, Wales and Scotland. http://www.countrywidepropertyauctions.co.uk/
-    Founded in 1989, Clive Emson hold seven 3-day auctions every year, distributing more than 20,000 catalogues. http://www.cliveemson.co.uk/index.html
-    One of the East Midlands' leading auctioneers in 2008, Graham Penny are often featured on the Homes under the Hammer TV programs http://www.grahampennyauctions.com/
-    Established in 1991, Pugh & Company are one of the country's foremost residential property auction houses.  Pugh & Company hold about 12 auctions per year. http://www.pugh-company.co.uk/page_auctions.x
-    RH Seel & Co based in Cardiff. South Wales, have been in auction business since 1898. They hold about 8 auctions a year. http://www.rhseel.co.uk/auctions.html
-    Symonds & Sampson is one of the leading property auctioneers in the country selling land, farms, houses, cottages and building plots. http://www.symondsandsampson.co.uk/pages/auctions/default.asp
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