Auctions: let the statistics point you in the right direction
Language: English Series: Property Week ; 70(18) 15 July 2005, 131-133(2)Publication details: 2005Subject(s): Summary: Many of the new breed of purchasers at property auctions do not understand basic property concepts such as the different types of tenancy and do not know the market. Recommends studying the market statistics provided by Allsop, who aggregate yields after every residential auction to provide a snapshot of the market and an indicator of performance changes in England and Wales. Provides tables of and commentary on Allsop yield data up to May 2005, covering assured shorthold, assured and regulated tenancies as well as ground rents. Defines the three tenancy types and the key measure of gross weighted yield.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L130391 (Browse shelf(Opens below)) | 1 | Available | 130391-1001 |
Many of the new breed of purchasers at property auctions do not understand basic property concepts such as the different types of tenancy and do not know the market. Recommends studying the market statistics provided by Allsop, who aggregate yields after every residential auction to provide a snapshot of the market and an indicator of performance changes in England and Wales. Provides tables of and commentary on Allsop yield data up to May 2005, covering assured shorthold, assured and regulated tenancies as well as ground rents. Defines the three tenancy types and the key measure of gross weighted yield.