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TODAY'S OTHER NEWS

Auction House claims record high number of lots

Auction House claims it has set a new UK auction record, after entering 703 lots into its February auctions.

The number instructed beats the figure listed in December last year, which was the company’s previous highest ever total.

“Never before has an auctioneer entered over 700 lots into its auctions in a single month. It’s a remarkably buoyant start to the year, which signals a noticeable resurgence in auction activity. It means that more sellers are choosing the auction route to market, their confidence levels are raised and the sector is back in the ascendancy” claims founding director Roger Lake said

The firm is launching Auction House Bristol & West later this year and new auction rooms being added in Luton, Peterborough and Reading. More commercial instructions are being targeted with the new venture Auction House North West Commercial, plus the Auction House London sales room is moving to the capital’s Marriott Hotel Regents Park, with a record catalogue of 138 lots entered into their first event of the year on February 22.

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    For anyone interested in a presentation from Auction House there will be one at Peterborough Property Investors Group (PetPIG) tomorrow evening at the Orton Hall Hotel in Peterborough (PE2 7DN). Informal networking at 19.30 with speakers starting at 20.00. Entrance is £15 on the door.

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