EG Auctions
Language: English Series: Estates Gazette ; (0942) 24 October 2009, 61-73(9)Publication details: 2009Subject(s): Summary: Frustrated would be buy-to let investors wanting to pick up bargains at property auctions are being held back by the banks reluctance to lend. Success rates in property auctions have recovered from mid-year lows of 56% in 2008 in both commercial and residential sectors to about 73% in the 3rd Qr of 2009. Explains what happens if the sales accidently comes below the reserve prices with reference to case law. Property companies put the squeeze on private investors as stock levels remain low.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L148965 (Browse shelf(Opens below)) | 1 | Available | 148965-1001 |
Frustrated would be buy-to let investors wanting to pick up bargains at property auctions are being held back by the banks reluctance to lend. Success rates in property auctions have recovered from mid-year lows of 56% in 2008 in both commercial and residential sectors to about 73% in the 3rd Qr of 2009. Explains what happens if the sales accidently comes below the reserve prices with reference to case law. Property companies put the squeeze on private investors as stock levels remain low.