3.5 million reasons to sell by auction

Well actually it's more like 3,556,500 reasons, as this is the exact amount Parsons Son & Basley raised in property values during their auction last week, which resulted in a 93 per cent success rate from the 15 lots available.

Wednesday, 28th September 2016, 1:00 pm
Updated Friday, 8th June 2018, 1:32 am

“It was a terrific auction with the results clearly speaking for themselves” said auctioneer Simon Caplin. “We have had a very good year indeed thus far with Wednesday’s success a result of the incredible amount of hard work the team have put in on behalf of our clients which was the perfect follow up to our June auction that completely sold out.

“Many of the prices achieved far exceeded expectation and perhaps more importantly the reserves we had set leaving our clients absolutely delighted which of course is the most important thing.

“I know I keep on saying this however clearly a sale by auction is proving to be both buyers and sellers preferred method of completing a property transaction as it is immediate, transparent and perhaps more importantly is both chain and mortgage free.

“I keep being asked about the affect Brexit and the higher rate SDLT Tax is having on property values so for now my answer is simply this, a 93 per cent success rate and over £3.5million worth of property sold from one auction leads me to believe in the auction world, all is well, very well indeed.”

If you have a property you are thinking of selling and would like a free, no obligation valuation please contact the auctions team on 01273 274014 or visit www.psandb.co.uk