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EIG Property Auction Database

Price: £345.63
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There are literally tens of thousands of properties that go under the hammer each year, offered through hundreds of auction companies.

However, getting up to the minute information about property auctions taking place, the lots that are up for sale, property details, pictures and price guides is quite a challenge!

There are literally tens of thousands of properties that go under the hammer each year, offered through hundreds of auction companies.

However, getting up to the minute information about property auctions taking place, the lots that are up for sale, property details, pictures and price guides is quite a challenge!

 

So, I am keen to help you with this - since auctions are ideal stomping ground for anyone interested in property renovation, developing or looking to buy below market value. I've negotiated for you to have access to the largest database of auctions and lots so you can get all this information in one place - allowing you to spend more time researching suitable properties, viewing them and carrying out your own due diligence.

 

As a member of my Inner Circle you can subscribe to the UK's most comprehensive database of property auctions taking place at a special discounted rate. This database isn't produced by me - but the Essential Information Group and by subscribing to their database through Making Money From Property, you can access comprehensive, detailed and accurate information about every property auction lot that comes to market.

 

In some instances, this information is available on the site even before the auction catalogue is published. The site covers virtually every single UK property auction including residential and commercial auctions.

 

 

The Essential Information Group have been working closely with property auctioneers around the country since 1991 and report on every property coming to auction, from guide prices, catalogue entries, search facilities to legal documents for the property.

 

Regarded as the UK’s leading source of property auction information and data, it is used by auction houses throughout the country to publicise forthcoming lots – often before the auction catalogue is published.

 

 

The www.eigpropertyauctions.co.uk website:


• Covers over 400 auctioneers nationwide, averaging 800 lots every week
• Contains comprehensive auction information on over 13,000 auctions and 400,000 lots, going back to 1991
• Has a detailed search facility helping you find auction property with ease
• Is the only site to have full catalogue entries for any of the lots, with the full approval of every auction house
• Will automatically notify you by email the moment a property matching your needs comes to auction
• Is backed by a team of property auction advisors can give you tips and advice about dealing with auction properties


Training Dates

The key to being a successful property professional is knowing how to make the most of whatever the market conditions are. It's about trying to predict where things are headed and adapting your strategy to suit. 

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Always get a property survey done on any property you are considering buying - especially if it is a home you are planning to renovate to add value. A few hundred quid spent at the start could save you thousands in the long run.

Martin's Word of Warning 

If buying at auction, the Auctioneer may take bids ‘off the wall’ until the reserve price is reached. The Auctioneer pretends that someone has bid when they haven’t. This is used to entice would-be bidders to join in the bidding if it is slow to begin.

Martin's What if

Even if you have to supplement your monthly rent to meet your mortgage payments, on a rental property if the value of the property is rising by an mount more than this then you are still getting a return on this money. So in a rising market, you might still wish to buy property even if they do not have positive cashflow.

Martin's Seal of Approval

When deciding what properties to buy, look for ones that suit your chosen strategy and are the best that you can get for this purpose.Long term they are likely to provide a better investment than properties that are just OK for a number of different objectives.

To work out you your gross rental yield, you simply divide the annual rental income by the purchase price of the property. However, a more accurate indicator of the return you are going to get is to work out the NET rental yield. This is the return after property management, lettings fees, maintenance and repair and other running costs have been taken into consideration, and gives you a far more realistic view of your return.

Changes to tax rules that come into effect in 2017, will mean that Landlords will no longer have the ability to offset their mortgage interest against their tax bill.