Surelock Network Auctions: Bucking the Brexit trend

 

NAVA Auction House of the year, Surelock Network Auctions, has demonstrated that any rumours of the death of the UK property market post Brexit, have proven to be unfounded, with superb results posted at their two day July sale.

At their London sale on 7th July a total of £4.2 million was raised with 80% of the catalogue successfully selling. At their Birmingham sale held in conjunction with Pennycuick Collins on 13th July the outcome was even better with a sales success rate of 86% and a total of £1.55m being raised.

The two day combined sale saw thirty seven of forty five lots sell, an impressive 83% and a total sales value of £5.75 million achieved.

Khalid Rashid was delighted with the results admitting that he was understandably a little nervous as to whether buyers would commit to purchases post the Brexit announcement.

He said: “Despite the current political turmoil in the country and the potential uncertainty of the Brexit vote, good old bricks and mortar has, once again, proven to be a safe haven and buyers have taken a positive view and committed to purchasing.

The Surelock Network Auctions approach gives us the edge over our competitors as we combine local knowledge and marketing with the national and international exposure of big city auctions and access to large numbers of buyers and investors.”

Surelock Network Auctions next sale will take place in London on 14th September with another two day sale in London and Birmingham in October.

 

Lots are now being taken for inclusion in the catalogues and anyone thinking of selling property is invited to contact Khalid Rashid on 0121 400 7980

More information can be found at Surelock Network Auctions.

Related Posts

No comments

Leave a Reply

Your email address will not be published. Required fields are marked *