Blog

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.

David Sandeman meets EIG members at PIN Coventry

EIG Managing Director, David Sandeman was pleased to meet lots of new faces and some EIG members at this months PIN Coventry meeting. His presentation on 'How to buy at auction and why now is a good time to do so!' was followed by a lively discussion with the group about the active auction market in Coventry and in general.

Join EIG at the National Landlord Investment Show

Join us at the Landlord Investment Show on Thursday 15 June 2017 at London Olympia. EIG will be at the show helping visitors looking for advice on the property investment opportunities available at auction and giving tips on what to look out for. Pre-register for fast track free entry and check out the full schedule of free seminar events where you can learn from a panel of experts.

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. 

David Sandeman invited to present at Luton PIN Meeting

Join this month's PIN event which will be focusing on auctions with a presentation from David Sandeman, Managing Director at Essential Information Group (EIG). David will be covering how to buy at auction, and why now is a good time to do so. This is a great strategy to find some bargain priced property but you have to know what you are doing.

Learn from the expert at the Berkshire PIN Meeting

Join this month's PIN event which will be focusing on auctions with a presentation from David Sandeman, Managing Director at Essential Information Group (EIG). David will be covering how to buy at auction, and why now is a good time to do so. This is a great strategy to find some bargain priced property but you have to know what you are doing.

David Sandeman invited to present at the Sutton PIN Meeting

Join this month's PIN event which will be focusing on auctions with a presentation from David Sandeman, Managing Director at Essential Information Group (EIG). David will be covering how to buy at auction, and why now is a good time to do so. This is a great strategy to find some bargain priced property but you have to know what you are doing. 

EIG share their industry knowledge at the National Landlord Investment Show

Hot on the heels of the Property Investor Show EIG were at the National Landlord Investment Show in Surrey. We were pleased to meet new members, catch up with established users and share our industry knowledge with visitors looking to buy at auction.

Property Tribes interviews David Sandeman about the meaning of 'Guide Price' at auction

David Sandeman of EIG was keen to talk to Property Tribes about the meaning of "Guide Price" at auction, as he has concerns that a lot of novice investors are wasting time and money by not understanding what it actually means. Watch the video link here...

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?

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.

Join Essential Information Group (EIG) at the Property Investor Show

Join the EIG team at the Property Investor Show 28-29th April'17, at Excel London. The place for obtaining reliable and up to date property market information, designed to cater for all levels of property experience, everyone from the novice to the seasoned investor will find an answer to their questions.

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

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?

USA County moving from room auctions to online auctions

With more and more UK auctioneers adding online auctions to their service offering to sit alongside traditional room auctions, it was pleasing to read that USA county San Diego, not usually known for being at the forefront of change are taking the lead in embracing the benefits of online property auctions by moving all of their room auctions online from May.

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

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.

The property auction Legal Pack: What you need to know

Property Auctions expert David Sandeman offers guidance for those going through the process of buying property at auction, here he takes an in-depth look at understanding what is an auction 'Legal Pack'. Usually when a property is sold at auction a legal pack containing documents relating to the property being auctioned will be prepared by the seller's solicitors.

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'

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.

EIG December Newsletter - Essential Auction News

Welcome to the December newsletter that looks back at auction activity in November and preceding periods. Overall lots offered was down 7.6% last month, from 2,341 lots to 2,163 lots, whilst lots sold fell over 10% to 1,591 lots from 1,774 in November 2015. Despite the dip in sales, auctioneers saw revenues increase by 2%, from £272M to £277M.

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?

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.

The Essential Guide to buying property at auction

The 5 Essential Steps for Success when buying property at auction from Essential Information group. The first in a series of blog posts sharing the invaluable tips from inside the industry.

EIG November Newsletter - Essential Auction News

Welcome to November's newsletter that looks back at property auction activity in October and preceding periods. 150 auctions were held across the UK last month, 12 fewer than in October 2015, so it is perhaps unsurprising to see a fall in both lots offered (down 4.1%) and lots sold (down 3.3%) when compared with last year.

David Sandeman invited to sit on the Wandsworth Property Auction Panel

The Wandsworth Property Auction Panel debates: What are the advantages of buying or selling at auction? David Sandeman, MD at Essential Information Group joins fellow industry professionals to debate and educate. The panel covered questions such as 'What research would you do before you bid on a property?' and many more.

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

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

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.

EIG October Newsletter - Essential Auction News

Welcome to the October newsletter that looks back at auction activity in September and preceding periods. For whatever reason, the auction market continues to gently contract and this is evidenced by the red 'down' arrows that dominate the comparative figures. Lots offered and lots sold both fell by 6% and 8.5% respectively last month, whilst the overall amount raised fell by £36M (down 8.4%).

EIG Newsletter - Essential Auction News, September 2016

The traditionally quiet month of August has yielded a surprisingly positive set of auction results. In the 48 auctions held across the UK last month, lots offered was up 15% to 960 lots, lots sold up 20% to 670 lots and the amount raised also up 20% to £62M.

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

August 2016 EIG Newsletter - Latest property auction results now available

Welcome to the August newsletter that looks back at auction activity in July and preceding periods.

July 2016 EIG Newsletter - Latest property auction results now available

Welcome to the July newsletter that looks back at auction activity in June and preceding periods.

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

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

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 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.

May 2016 EIG Newsletter - Latest property auction results now available

Welcome to the May newsletter that looks back at auction activity in April and preceding periods.

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 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

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

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)

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

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?

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

April 2016 EIG Newsletter - Latest property auction results now available

Welcome to the April newsletter that looks back at auction activity in March and preceding periods.