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Brendons - A great new auction addition
Brendons, the West London and Middlesex based commercial and surveying
agency, is pleased to announce the opening of their property auction
division, Brendons Auctioneers Ltd.
The new venture will be headed up by Phillip Arnold, previously with
another successful West London auction company. Phillip and his team
have formed this new company with Simon O'Brien, Russell Cairns and
Arabella Bennett who are all founding partners of Brendons Auctioneers
Ltd.
The firm will be offering commercial and residential property on behalf
of
banks, property companies, institutions and private individuals
throughout the UK.
The venue
for Brendons' property auctions will be The New Connaught Rooms in
Holborn, London. The first auction is scheduled for Tuesday 24th July
with further bi monthly sales booked for the future.
Phillip Arnold said, "We are focused on the success of this venture and
with the wealth of experience within the partnership and the firm as a
whole, I expect us to grow rapidly within the marketplace". |
London sales continue to drive UK house prices
According to figures released by The Land Registry for the May House
Price Index, London sales are continuing to drive up UK house
prices.These latest figures show a monthly increase of 0.7 per cent,
raising the average house price in the UK to £180,594.
It is in London where the latest figures show prices being over six per
cent higher than the rest of England and Wales. This is the largest
divergence between London and the rest of England and Wales for over two
years.
In London the average house price now stands at £335,658, whereas the
average price for a house in England and Wales is £180,594.
In the rest of the country, Yorkshire and The Humber had the highest
change in May with an increase in house prices of 1.9 per cent in
contrast with the North East which showed a price drop of 0.7 per
cent.Some areas of Wales enjoyed a buoyant month with Neath Port Talbot
with the strongest growth with an increase of 2.4 per cent, whereas
Torfean had a price fall of some 2.2 per cent.
In the North West, Oldham properties saw a price increase of 2.6
percent, continuing the districts' positive housing growth for the year
which now stands at 10.9 per cent higher than the previous year.
In London the borough with the best monthly increase was Camden, but it
is still Chelsea and Kensington who are seeing the highest price
increases, with property prices rising by 23.4 per cent in the last year
to date. |
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Looking for
Letting?..... |
Catch a Commercial..... |
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Islington, London
Leasehold first floor apartment with three bedrooms. The
property is let on an assured shorthold tenancy for five years
from 15/11/04 at a rent of £230 per week.
Guide Price £285,000 |
Cornwall
Freehold vacant ground floor public house with a 28 cover
restaurant, storage/beer cellars, fully fitted first floor
commercial kitchen and two storey cottage with two bedrooms
together with parking.
Guide Price £940,000
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Renovation,
Renovation... |
Ready for
Retail?.... |
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South Yorkshire
Vacant two storey inner terrace house
with three bedrooms, double glazing, front car parking and a
good size enclosed level garden to the rear. Renovation has been
started but requires completion.
Guide Price £60,000
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Gwynedd
Long leasehold fully refurbished
ground floor retail unit fitted out as a Nail and Beauty Salon.
Offered with vacant possession.
Guide Price £45,000 |
All of these properties are
appearing at auctions in the next 3-4 weeks.
To find out more
just Login to
www.auctionpropertyforsale.co.uk if you are a Member, or Join IPDS Today! |
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TV Appeal |
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The makers of hit show, Cash in the Attic
are appealing to all IPDS Members to take part in a BRAND NEW ITV1 series
about property auctions.
Whether you’re buying at auction for the first time or you’re a regular
buyer, we would love to talk to you.
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Or email us your details including your Name, Telephone Number
and Email address:
caron@itlnet.com
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Take a
look at two great property investment opportunities in the North West.
Development Opportunity
Conversion of existing dwelling into 3, 2 bedroom apartments in Wigan.
Planning has been granted.
For sale at £275,000
For further details email
sforshaw@itlnet.com |
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Portfolio of 5
properties
5 quality tenanted properties producing
an income of £33,600.00pa
For sale at £750,000
For further details
sforshaw@itlnet.com |
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Rising star of property auctions to appear on BBC1 |
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ANDREW Binstock, 31 year
old director and
auctioneer at Sutton
Kersh Binstock, is set to appear
on BBC1’s Homes Under the
Hammer later in the year,
having been selected by the
well known BBC1 team to
feature in their programme
recently.
“We were delighted to
welcome them to our second
ever auction,” he says. “It’s
been an amazing journey so far
for us. Our debut auction was
on March 22 this year and it
was a huge success. Homes
Under the Hammer had heard
about us and got in contact.
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Andrew Binstock
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“They came down to film
what was only our second ever
auction. It was slightly slower
than the first auction, but I think
they still got some great footage
for their show. The bidding for a
two bed flat in E1 lasted for
about 10 minutes and when the
gavel eventually came down,
the audience broke into
applause!”
Binstock is fairly new to the world of
auctioneering, having only started as a
professional auctioneer in Feb 2006 for the
Liverpool branch of the company, Sutton Kersh.
He has quickly made a name for himself in the
business by bringing an element of humour to
the rostrum.
“Some people are sat around for an hour or
two waiting for their lot to come up. I think it’s
only fair that they are entertained in the
meantime,” quips Binstock.
“I tried my hand at stand-up comedy many
years ago but found it to be a very lonely life. I
needed to find another way to perform in front
of an audience but during normal working hours
and ideally without getting heckled!
“Before I knew it I found myself at Allsops in
Knightsbridge and that was where I got my first
taste of the rostrum, having entered some
amateur auction competitions for them. Fast
forward eight years and I’m now doing my
dream job. |
“Auctioning is my passion and I love the buzz
of the room. And if I throw in a bit of comedy to
keep the crowd entertained, what’s wrong with
that? I always have people coming up to me
after the auction to say thank you for making
the whole experience enjoyable.”
Binstock made headlines in Liverpool back in
February when he stood on the rostrum and
auctioned over 120 properties solidly for five
and half hours without taking a break – a feat
that is recognised as being an auction and
endurance record.
“That was a crazy day. It was a busy room
and every time I thought the bidding had
finished for a particular property, I did my usual
routine of dragging out the falling of the gavel
and kept sucking new bids out of the room.
While it was probably frustrating for the bidders
who were willing me to bring the hammer
down, the vendors were absolutely delighted.
“I’m glad I’ve got a reputation for sucking
every last bid from the room and not bringing
down the gavel as soon as I’ve hit the reserve
price as other auctioneers do. I try to treat every
property I auction as if it was my own.
“On the train home, I had the shakes, my
body was on the edge of meltdown. It was a
very satisfying day though – although I now stop
for a banana and a drink every couple of hours
when I’m auctioning!” |
Andrew Binstock’s relentless energy and
overall desire to get the best possible price for
every property he auctions is helping to make
Sutton Kersh and Sutton Kersh Binstock a strong
brand in the world of property auctions.
Sutton Kersh Binstock’s next auction is at
the Ramada Hotel in Watford on July 18 2007.
Reproduced with kind permission of
© Sutton
Kersh Binstock
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