Blog

Everything you need to know about property auction guide prices

Everything you need to know about property auction guide prices

Do you understand the guide price? Find out what it really means ...

Key differences between property auctioneers and estate agents

Key differences between property auctioneers and estate agents

There are significant differences between selling your property via Auction or Estate Agents, which is best for you ...

3 strategies to maximise profit from your auction property investment

3 strategies to maximise profit from your auction property investment

Auctions have always been seen as a great place to secure a good deal when buying property, but the key is in the preparation ...

5 key due diligence strategies every auction buyer should use

5 key due diligence strategies every auction buyer should use

There is a famous saying "If you fail to prepare, you prepare to fail." Learn the best ways to prepare ...

Why auctions offer a great opportunity but they are not for everyone!

Why auctions offer a great opportunity but they are not for everyone!

The reason why auctions can offer a great buying opportunity to people looking to purchase property is that in order to ...

Unparalled level of commitment from new EIG employee!

Unparalled level of commitment from new EIG employee!

EIG recently welcomed a new team member and it was with some amusement ...

Property Tribes - EIG worked for us!

Property Tribes - EIG worked for us!

Just recently we managed to get a good deal that would not have been visible to us without this service ...

Do this before bidding on a property at auction!

Do this before bidding on a property at auction!

Doing your due diligence is key to making informed investment decisions prior to auction day ...

Property Auctions - How to research the Market

Property Auctions - How to research the Market

When looking to buy a property at auction the 1st key step is understanding the market ...

How to deal with the 'Legal Pack'

How to deal with the 'Legal Pack'

You've found an opportunity now what to do next with the legal pack? David Sandeman offers his expert tips ...

Why aren't Zoopla and Rightmove the best way to search property auctions?

Why aren't Zoopla and Rightmove the best way to search property auctions?

I’m often asked, 'What is the difference between our site EIG Property Auctions and sites like Zoopla and Rightmove?'

Why the first property you buy is the most important of all

Why the first property you buy is the most important of all

Whether buying your first property to live in or your first investment property these investment principles are wise advice ...

How can you work out what properties are likely to sell for at auction?

How can you work out what properties are likely to sell for at auction?

Watch this quick video to learn this and more from property auction expert David Sandeman.

Freehold and Leasehold - what's the difference?

Freehold and Leasehold - what's the difference?

There are a number of crucial differences between freehold and leasehold terminology so it is important to be aware of how the distinction will affect you before considering buying a property of either type.

Damp - What to look out for when assessing a property

Damp - What to look out for when assessing a property

When viewing properties it’s important to be on the lookout for signs of damp, as spotting this before you commit to buying could save you from making a very expensive mistake.

Conveyancing explained!

Conveyancing explained!

The process of buying and selling houses can be tense, time consuming and confusing, read this beginner's guide to help you understand the conveyancing process.

Kent PIN - February Meeting with David Sandeman

Kent PIN - February Meeting with David Sandeman

David Sandeman has been invited to present at the Kent PIN Meeting to share insights on how to buy at auction, which is is a great strategy to find some bargain priced property!

David Sandeman on Q&A Panel at SDL 2018 Conference

David Sandeman on Q&A Panel at SDL 2018 Conference

SDL the major Midlands property services group is holding their annual conference and has invited David Sandeman to address the delegates with information on auction activity across UK.

EIG welcome tips on key aspects of Property Auctions

EIG welcome tips on key aspects of Property Auctions

A welcome introduction from EIG Managing Director, David Sandeman including tips to enhance your value in using the EIG site and give you a better understanding and view of the Property Auctions market.

How EIG gives you the best chance of securing the right property at auction

How EIG gives you the best chance of securing the right property at auction

We cover virtually every property auction in the UK giving you the best possible coverage of the auction market near you and we strive to get the lots on our system and out to you as soon as they are released for sale, maximising the time you have to view the lot and do your due diligence.

5 Success Strategies for making money when buying property at auction

5 Success Strategies for making money when buying property at auction

Auctions have always been seen as the place where great deals can be purchased, but how do you maximise your chance of getting one of the great deals and not spend it all chasing 'no hoper's'?

Think your winning bid is all you'll have to pay at auction?

Think your winning bid is all you'll have to pay at auction?

Think again says David Sandeman. Get prepared with this guide to the fees, taxes and extra legal liabilities you are likely to encounter when buying property at auction. Featured in the Autumn issue of the Property Auction buyer's guide out now.

The Benefits of Selling at Auction

The Benefits of Selling at Auction

The auction method is a fair and open process for the vendor and the buyer. Particularly when dealing with those properties in high demand, the buyer knows they won't suffer from gazumping whilst still gaining the vendor the best price in the market place and a certain conclusion to the sale. 

Join 'The Great Landlord's Debate' at The Property Investor Show

Join 'The Great Landlord's Debate' at The Property Investor Show

Chaired by David Sandeman - The timing of this debate could not be more judicious!  Just this past week, the Government announced a whole new raft of plans to further regulate the private rented sector. Expect top tips on letting and property management from the industry experts taking part. This is your chance to hear what our panel think and have YOUR say!

Property buying guide: Assessing Flood Risk

Property buying guide: Assessing Flood Risk

With the weather getting wetter and the water levels rising the flood risk areas are changing. Flood risk has a significant impact on insurance premiums and a property's value so it's an important part of your pre-bidding due diligence checks. Use these flood risk resources for a long term risk assessment.

The benefits of buying a property at auction

The benefits of buying a property at auction

The market is changing, these are exciting times and auction sales are becoming an increasingly popular means of selling a property for a wide variety of reasons. No longer is it just a distress sale – they appeal to those who want a swift, hassle free sale or those seeking transparency on behalf of beneficiaries.

Property guide: The issue of Japanese Knotweed

Property guide: The issue of Japanese Knotweed

Japanese knotweed can cause structural damage to homes and other buildings as it pushes through cavity walls and drains. It can also cause significant delays and costs to building development. Up to 5% of homes in this country are affected but there are ways to deal with this problematic plant and even secure mortgage finance.

Join EIG at the Property Investor Show this Autumn!

Join EIG at the Property Investor Show this Autumn!

The Property Investor Show is for anyone looking to make money from property investment. It is the place for networking, obtaining reliable and up to date property market information and it is designed to cater for all levels of property experience, everyone from the novice to the seasoned investor will find an answer to their questions.

What type of property is suitable for sale at auction?

What type of property is suitable for sale at auction?

The key is to identify the optimum method of sale to suit the vendor’s criteria by taking into consideration the type of property, it’s condition, demand in the marketplace, and the vendor’s time constraints. Where there is a perceived high demand for a particular type of property, or where the value of an asset is difficult to value or the vendor requires a quick and certain sale then this is where a disposal by auction comes into its own. 

EIG feature in Martin Roberts new book 'The Property Auction Guide'

EIG feature in Martin Roberts new book 'The Property Auction Guide'

Martin Roberts, famous for presenting the popular BBC TV series 'Homes under the Hammer' recently launched his new book 'The Property Auction Guide'.  EIG were very pleased to be asked to contribute to the content and provided the latest data and comparative statistics for the industry.  

Would you buy a tenanted property at Auction?

Would you buy a tenanted property at Auction?

With a rising number of tenanted properties going to auction it’s crucial to understand the different types of tenancy agreements and how they could impact on the property you wish to bid for. Read our guide to tenancy types and what to look out for.

Do you get a 'bargain' buying property at auctions?

Do you get a 'bargain' buying property at auctions?

For this Q&A with Property Auctions expert David Sandeman, Managing Director of Essential Information Group (EIG) he answers the question: Do you get a 'bargain' buying property at auctions?

5 Key Strategies for making money buying at Auctions

5 Key Strategies for making money buying at Auctions

Property auctions expert David Sandeman, Managing Director of EIG reviews 5 key strategies for making money when buying at auctions. Auctions have always been seen as the place where great deals can be purchased, but how do you maximise your chance of getting one of them?

What is a Guide Price?

What is a Guide Price?

Buying property at auction: the guide price explained. Since June 2014 auctioneers have to define the guide and reserve, typically it is an indication of the seller's current minimum acceptable price either prior to or at auction. The guide price or range of guide prices is given to assist interested parties in deciding whether or not to pursue a purchase.

Viewing an auction property: What you need to look out for

Viewing an auction property: What you need to look out for

Property Auctions expert David Sandeman offers guidance for those going through the process of buying property at auction, here he talks about the importance of viewing a property prior to auction, what to look out for on the viewing, the key points to evaluate and tips on the best way to view the property and what to take with you.

Crawley Property Meet invite David Sandeman as a guest speaker to their January event.

Crawley Property Meet invite David Sandeman as a guest speaker to their January event.

The group is for those interested in property investing at all stages of their property adventure and they meet for informal networking and to chat about property matters. David spent time with the group exploring how they could benefit from using the EIG database.

Property auctions expert David Sandeman interviewed for the podcast series 'Mark my words'

Property auctions expert David Sandeman interviewed for the podcast series 'Mark my words'

David Sandeman interviewed by Progressive Property's Mark Homer for his popular podcast series 'Mark my words'. David talks about property auctions, how he implemented new technology in his business and his long term investment strategies.

What is the 1st step when buying property at auction?

What is the 1st step when buying property at auction?

An extract from the 'Essential Guide to Success', here we take an in depth look at the 1st step to take when buying property at auction. Discover what type of lots go to property auctions, the typical vendors and why they use auctions and tips on finding the right properties that meet your search criteria.

What is 1982 data?

What is 1982 data?

1982 data refers to the searchable property values of 1982 on the Essential Information Group (EIG) website. Capital Gains Tax (CGT) valuations are based on 1982 values and so this information is invaluable to Surveyors when looking for comparable values to use for CGT calculations. Access to 1982 search data is a feature unique to the EIG website.

EIG host 19th Annual Auctioneers Lunch at the awe inspiring Middle Temple

EIG host 19th Annual Auctioneers Lunch at the awe inspiring Middle Temple

This extraordinary venue has a long tradition of celebration, revelry and entertainment so is the perfect place to celebrate our annual gathering of Auctioneers from across the UK. After dinner speeches from EIG Managing Director, David Sandeman and Director, David Leary outlined plans for the future and the dramatic increase in online auctions that EIG has been hosting.

Awarded Gold at The Negotiator Awards 2016

Awarded Gold at The Negotiator Awards 2016

Essential Information Group win Supplier of the Year: Technology at The Negotiator Awards 2016. The judges said: "This is a fantastic tool that is incredibly useful whether you are new to this sector or you have years of experience."

David Sandeman writes 'A guide to the guide price' for Estates Gazette's first guide to property auctions

David Sandeman writes 'A guide to the guide price' for Estates Gazette's first guide to property auctions

Estates Gazette has just released the Property Auction buyer's guide, an invaluable guide full of information and inspiration from industry professionals - available on the news stands now.

Join the EIG team at the Property Investor Show  7-8th October 2016, at Excel London

Join the EIG team at the Property Investor Show 7-8th October 2016, at Excel London

Reserve your free seminar place and learn about: Gaining the upper hand in the auction room, or join the debate for Under the Hammer, Auction Question Time with David Sandeman

Property Investors Network (PIN) Wimbledon

Property Investors Network (PIN) Wimbledon

David Sandeman, invited as a guest presenter to the Wimbledon monthly meeting talked to the group about the dangers of special conditions.

Property Investors Network (PIN) Basingstoke Group

Property Investors Network (PIN) Basingstoke Group

EIG Managing Director, David Sandeman was invited to present the May PIN talk to the Basingstoke group as a specialist on Property Auctions.

EIG invited to present at the Progressive Property Conference - May 2016

EIG invited to present at the Progressive Property Conference - May 2016

David Sandeman presents to the enthusiastic audience gathered for the Progressive Property 2 day conference in Peterborough.

David Sandeman and Table of Twelve visit the auction room together for a dry run

David Sandeman and Table of Twelve visit the auction room together for a dry run

David Sandeman met up with the Table of Twelve mentorship group at the Barnard Marcus sale room, where they watched some of the lots they had examined in detail at the evening session to see how they performed at auction.

David Sandeman explains live on LBC Radio about the recent Stamp Duty changes

David Sandeman explains live on LBC Radio about the recent Stamp Duty changes

David Sandeman joins host Clive Bull live on LBC Radio for the property hour, discussing the recent Stamp Duty changes.

David Sandeman - Live on air at LBC radio for the property hour!

David Sandeman - Live on air at LBC radio for the property hour!

David Sandeman invited to join host Clive Bull at Leading Britain's Conversation (LBC) radio for the property hour, talking about the latest property news & taking your calls.

Table of Twelve Mentorship Programme invites David Sandeman to present on property auctions

Table of Twelve Mentorship Programme invites David Sandeman to present on property auctions

David Sandeman joins Trevor Cutmore to host the Table of Twelve mentorship group for a bespoke evening event explaining auctions over dinner.

Property Investors Network (PIN) Leeds Group Meeting

Property Investors Network (PIN) Leeds Group Meeting

It was a big crowd with great group dynamic and really varied and interesting questions from the floor.

The key differences between buying a property at auction and buying via estate agents (private treaty)

The key differences between buying a property at auction and buying via estate agents (private treaty)

Find out the key differences between property auctions and estate agents and how they can affect your purchase of a property.

Join EIG at The Property Investor Show

Join EIG at The Property Investor Show

The Property Investor & Homebuyer Show is the premier exhibition for anyone looking to make money from property investment in the short or long term. The show & seminar programme sessions are free to enter. It is designed to cater for all levels of property experience, everyone from the novice to the seasoned investor will find an answer to their questions.

How can you work out the value of a property going to auction?

How can you work out the value of a property going to auction?

Using Property Auction comparison can be the quickest and most effective way of finding the latest knowledge.