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Call for purchaser premiums on sales.

Series: Property Week ; 64(31) 6 August 1999, 19(1)Publication details: 1999Subject(s): Summary: Auctioneer Andrew Smith has called for a debate on the introduction of charging a premium for buying properties at auction. However present opinion seems to follow traditional thought that the auctions market has too small a share of the property market to justify charging additional costs to the purchaser.

Auctioneer Andrew Smith has called for a debate on the introduction of charging a premium for buying properties at auction. However present opinion seems to follow traditional thought that the auctions market has too small a share of the property market to justify charging additional costs to the purchaser.