Blog

From expert advice and top tips on buying and selling property at auction to the latest industry news, please read our blog for all things property auction.

Top Ten Tips for Buying a Property via Online Auction.
Buying at auction
04/07/2024

Top Ten Tips for Buying a Property via Online Auction.

Buying a property via an online auction can be a great way to secure a deal, but it also comes with its own set of challenges and risks. Here are some top tips to help you navigate the process...

Why is EIG a must-have tool for traders buying at auction?
Buying at auction
17/06/2024

Why is EIG a must-have tool for traders buying at auction?

Trading at auctions can be a complex and competitive process. Traders use property auctions for several reasons...

Buying a property for refurbishment at auction
Buying at auction
29/05/2024

Buying a property for refurbishment at auction

Buying a property that needs refurbishment at auction can be a good idea for several reasons...

Why is it so important to check the special conditions when buying a property at auction?
Buying at auction
13/05/2024

Why is it so important to check the special conditions when buying a property at auction?

In this article we explain why checking special conditions when buying a property at auction is crucial and why:

Auctions have become a prominent avenue for the sale of development sites
Buying at auction
17/04/2024

Auctions have become a prominent avenue for the sale of development sites

But why is it that these sites, with their promise of potential and possibility, often find themselves on the auction block?

'The Auction Room' Event
Industry news
27/03/2024

'The Auction Room' Event

The Essential Information Group are hosting a property auction masterclass event in London.

No Reserve & Opening Bid of £1
Buying at auction
05/02/2024

No Reserve & Opening Bid of £1

A property coming up for auction with no reserve and starting bid of £1 leads to the example of why it is important to read the legal pack

Lets Talk Guide Prices!
Dialogue with David
23/01/2024

Lets Talk Guide Prices!

David Sandeman & David Leary discuss the stigmas and misunderstandings of an auction ‘Guide Price’

Buying at auction for the first time...
Buying at auction
22/11/2023

Buying at auction for the first time...

Buying at auction for the first time can be an exciting but also a daunting experience. Here are some top tips to help you navigate the process successfully

Why would a property be withdrawn and then re-listed later?
Buying at auction
22/11/2023

Why would a property be withdrawn and then re-listed later?

Each case can be unique, and the decision to withdraw a property from auction and relist it depends on various factors influenced by both the seller's objectives and the market conditions at the time.

EIG Video Tutorials
Buying at auction
24/10/2023

EIG Video Tutorials

Various video tutorials showing how to search EIG and how to use the various tools to find your next property deal.

Finding short lease property deals on EIG
Buying at auction
18/10/2023

Finding short lease property deals on EIG

Buying a property with a short lease can have both advantages and disadvantages.

What is the difference between Live Stream & Online Auctions
Selling at auction
10/10/2023

What is the difference between Live Stream & Online Auctions

Here we will explain the difference between Live Stream & Online Auctions

EPC regulations that have now been ditched by Rishi Sunak
Industry news
28/09/2023

EPC regulations that have now been ditched by Rishi Sunak

The government's initial plan was to implement energy efficiency targets, aiming for an EPC band C for private landlords in England and Wales by 2028.

Buying out-of-area properties at auction can be beneficial for several reasons
Buying at auction
18/09/2023

Buying out-of-area properties at auction can be beneficial for several reasons

Buying out-of-area properties at auction can be beneficial for several reasons, depending on your investment goals and circumstances.

Exploring the journey of a property which was brought to auction midway through development.
Case studies
11/09/2023

Exploring the journey of a property which was brought to auction midway through development.

In this case study, we explore the intriguing journey of a property which was brought to auction midway through development.

Encountering properties listed for auction that present development opportunities or have already obtained approved planning permissions.
Case studies
07/09/2023

Encountering properties listed for auction that present development opportunities or have already obtained approved planning permissions.

Encountering properties listed for auction that present development opportunities or have already obtained approved planning permissions

A noteworthy example of an auction property transformation
Case studies
05/09/2023

A noteworthy example of an auction property transformation

The subject property transformed nestled in the sought-after Leyton E10 went to auction by McHugh & Co Auctioneers

Why Tower Blocks or Student housing are great investments for cash buyers!
Buying at auction
04/09/2023

Why Tower Blocks or Student housing are great investments for cash buyers!

Why Tower Blocks or Student housing are great investments for cash buyers!

Debunking Common Myths About Property Auctions
Buying at auction
31/08/2023

Debunking Common Myths About Property Auctions

In this article, we'll debunk some of the most common myths about property auctions and shed light on the reality of this process.

Why is it so important to use EIG to search whether a property has been to auction before
Buying at auction
14/08/2023

Why is it so important to use EIG to search whether a property has been to auction before

Why is it so important to use EIG to search whether a property has been to auction before

14th rise in UK interest rates
Buying at auction
03/08/2023

14th rise in UK interest rates

Today, we witnessed the 14th rise in UK interest rates, bringing it from 5% to 5.25%

Buying a property with planning permission at auction can be advantageous
Buying at auction
26/07/2023

Buying a property with planning permission at auction can be advantageous

Buying a property with planning permission at auction can be advantageous for buyers for several reasons

Why is it important to research auction results?
Buying at auction
20/07/2023

Why is it important to research auction results?

Researching auction results is beneficial before buying at auction and here's why...

What to do before buying a property at auction?
Buying at auction
13/07/2023

What to do before buying a property at auction?

Top tips on what to do before you purchase a property at auction.

Interest rate rises to 5%
Buying at auction
22/06/2023

Interest rate rises to 5%

Existing homeowners with adjustable-rate mortgages face higher monthly payments and we see many investors with terms coming to end, putting these investment properties back to market.  

Yield explained
Buying at auction
24/05/2023

Yield explained

When buying a property at an auction, the term "yield" refers to the return on investment that an investor can expect to receive from the property.

EIG and Hammered Collaborate to Educate
Buying at auction
16/05/2023

EIG and Hammered Collaborate to Educate

EIG and Hammered Collaborate to Educate: 'Before the Hammer Falls' Free for New Members

More interest rate hikes?
Buying at auction
09/05/2023

More interest rate hikes?

This Thursday 11th May, the Bank of England will announce whether there will be the 12th rise in interest rates.

What to look out for when reading a legal pack
Buying at auction
19/04/2023

What to look out for when reading a legal pack

Reading the legal pack when buying a property at auction is important for several reasons

Buying an HMO at auction
Buying at auction
16/03/2023

Buying an HMO at auction

Buying an HMO can be considered a specialised investment. A little more effort needed, but the investment pays off.

Leaning tower of Rotherhithe is going up for auction!
Buying at auction
23/02/2023

Leaning tower of Rotherhithe is going up for auction!

An unusual property in Rotherhithe once owned by Winston Churchill's nephew is going up for auction!

Is this the big sell off?
Industry news
21/02/2023

Is this the big sell off?

With an 74% rise on residential sales from last years are landlords being forced to sell?

SVA auctions hang up the gavel for the final time!
Buying at auction
16/02/2023

SVA auctions hang up the gavel for the final time!

After 39 years SVA hang up the gavel for the final time!

Interest rates rise to 4% from 3.5%, the highest level in 14 years
Buying at auction
02/02/2023

Interest rates rise to 4% from 3.5%, the highest level in 14 years

Today was The Bank of Englands press conference. The Bank of England raises its base rate from 3.5% to 4% - the highest in 14 years

Will we see house prices drop in 2023?
Industry news
11/01/2023

Will we see house prices drop in 2023?

We cover predictions from Halifax, Zoopla & Lloyds as well as the number of lots offered last month.

October see’s the first property price drop in 15 months
Buying at auction
02/11/2022

October see’s the first property price drop in 15 months

October see’s the first property price drop in 15 months according to Nationwide. The average house price is now £268,282 down from £272,259.

Is there going to be a property market crash?
Buying at auction
19/10/2022

Is there going to be a property market crash?

There is growing speculation that the housing market could crash. High interest rates coupled with the cost-of-living crisis is increasing the uncertainty for the property market.

Positive news at last! Stamp duty tax cuts.
Buying at auction
27/09/2022

Positive news at last! Stamp duty tax cuts.

Stamp duty cuts now see first time buyers paying no stamp duty up to £425,000 from what was originally £300,000 before

Let's speed up conveyancing!
Buying at auction
22/09/2022

Let's speed up conveyancing!

Discussing the frustrations of delays with transactions due to the speed in which documentation is available to buyers and how 'PIP vaults' can help.

Our deepest condolences on the passing of Her Majesty Queen of England II
Buying at auction
09/09/2022

Our deepest condolences on the passing of Her Majesty Queen of England II

We are deeply saddened by the news of the passing of Her Majesty Queen of England II and offer our deepest condolences to the Royal Family and the nation as we mourn her loss.

Watch Now: Q & A by David Sandeman for Partners in Property
Dialogue with David
30/08/2022

Watch Now: Q & A by David Sandeman for Partners in Property

David Sandeman performs a EIG auction data Q & A for Partners in Property

Watch Now: RICS Tech Partner Programme talk with Essential Information Group
Dialogue with David
30/08/2022

Watch Now: RICS Tech Partner Programme talk with Essential Information Group

RICS Tech Partner Programme talk with Essential Information Group

How will the rise in interest rates affect auctions?
Buying at auction
23/08/2022

How will the rise in interest rates affect auctions?

How will the rise in interest rates affect auctions?

Brighton boom causing action against second homes
Industry news
22/06/2022

Brighton boom causing action against second homes

Brighton boom causing action against second homes

Important things to consider when viewing a property
Buying at auction
09/06/2022

Important things to consider when viewing a property

Important things to consider when viewing a property

Using EIG to discover the best properties at auction
Buying at auction
06/06/2022

Using EIG to discover the best properties at auction

Using EIG to discover the best properties at auction

Leasehold reform act 2022
Industry news
31/05/2022

Leasehold reform act 2022

New legislation confirmed included that the Leasehold Reform Act 2022 will be coming into force on 30 June

The misunderstanding of a 'Guide Price'
Buying at auction
23/05/2022

The misunderstanding of a 'Guide Price'

The misunderstanding of a 'Guide Price'

How to buy a property in 28 days
Buying at auction
04/05/2022

How to buy a property in 28 days

How to buy a property in 28 days

Lessons to be learnt!
Case studies
03/05/2022

Lessons to be learnt!

David Sandeman explains how not to make the mistake he did back in the 80’s

Why is reading the legal pack so important?
Buying at auction
19/04/2022

Why is reading the legal pack so important?

Why is reading the legal pack so important?

Material information for property listings announced
Industry news
12/04/2022

Material information for property listings announced

Material information for property listings announced

Celebrating 20 Years Exhibiting at Excel London for The Property Investor Show
Industry news
06/04/2022

Celebrating 20 Years Exhibiting at Excel London for The Property Investor Show

Celebrating 20 Years Exhibiting at Excel London for The Property Investor Show

Hybrid auctions - The new normal?
Buying at auction
28/03/2022

Hybrid auctions - The new normal?

With a lot of auctioneers still deciding whether to return to room auctions it seems with whatever decision they make online auctions are here to stay

Covid-19 - Transforming the auction industry
Industry news
24/03/2022

Covid-19 - Transforming the auction industry

Since Covid-19 struck almost overnight it put an immediate stop to in-room auctions, thankfully at EIG we already had a platform in use for auctioneers already holding online sales.

Barnard Marcus were the first auction house to hold a room sale post covid-19
Industry news
24/03/2022

Barnard Marcus were the first auction house to hold a room sale post covid-19

Barnard Marcus were the first auction house to hold a room sale post covid-19

Back to the room?
Industry news
24/03/2022

Back to the room?

The beauty of auctions becoming more online is the ability auctioneers now have to hold online auctions at speed, without constricting the timelines of vendors.

Dialogue with David: Episode 1: Viewber
Selling at auction, Dialogue with David
01/06/2021

Dialogue with David: Episode 1: Viewber

Welcome to what is the first ‘Dialogue with David’...

Is the ‘Hammer price’ all you pay when buying a property at auctions?
Buying at auction
10/02/2021

Is the ‘Hammer price’ all you pay when buying a property at auctions?

These additional costs come in several different forms, and it is important to ascertain when carrying out due diligence on a property as to the extent at which additional fees and costs will be...

Charity Auction using EIG technology
Selling at auction
06/05/2020

Charity Auction using EIG technology

Last week we hosted the internet bidding and live stream for O'Donnellan & Joyce Auctioneers’ Charity auction

2020 Property Auction Market Predictions by David Sandeman
Buying at auction
15/01/2020

2020 Property Auction Market Predictions by David Sandeman

The Property Solvers asked our MD, David Sandeman, for his expert view on the property auction market in 2020. Here is what he had to say...

Everything you need to know about property auction guide prices
Buying at auction
25/07/2019

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
Buying at auction
24/07/2019

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
Buying at auction
18/07/2019

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
Buying at auction
16/07/2019

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 ...

Auction News - EIG Newsletter Jan 2019
Selling at auction, Industry news
22/01/2019

Auction News - EIG Newsletter Jan 2019

December's figures epitomise the results seen through much of 2018 ...

Auction News - EIG Newsletter Dec 2018
Selling at auction, Industry news
19/12/2018

Auction News - EIG Newsletter Dec 2018

As 2018 draws to a close it is a familiar story ...

Why auctions offer a great opportunity but they are not for everyone!
Buying at auction
06/12/2018

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!
Selling at auction
22/11/2018

Unparalled level of commitment from new EIG employee!

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

Auction News - EIG Newsletter Nov 2018
Selling at auction, Industry news
14/11/2018

Auction News - EIG Newsletter Nov 2018

A glance through the regional results shows that all but 1 of the 13 regions has seen a fall in auction sales ...

New DMS Services launched!
Selling at auction, Industry news
08/11/2018

New DMS Services launched!

DMS now has the option of using information added into DMS to send out correspondences to vendors, purchasers and their solicitors, and more ...

Property Tribes - EIG worked for us!
Buying at auction
31/10/2018

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 ...

EIG announces Auction Insight
Buying at auction, Industry news
31/10/2018

EIG announces Auction Insight

EIG is known as the go to place for all things property auction related and now the member's service has a new name ...

Every member is a VIP at EIG!
Buying at auction, Case studies
26/10/2018

Every member is a VIP at EIG!

An Auction Insight member has written this feedback for others to know what to expect from the EIG brand and service ...

NAVA Propertymark Auctioneer of the Year 2018 - winner announced!
Selling at auction, Industry news
25/10/2018

NAVA Propertymark Auctioneer of the Year 2018 - winner announced!

The fiercely contested, high-octane competition was sponsored by Clive Emson, ATG, Bidpath and EIG

Auction News - EIG Newsletter Oct 2018
Selling at auction, Industry news
17/10/2018

Auction News - EIG Newsletter Oct 2018

In what is usually the busiest period in the auction calendar, last month saw only 144 auctions held across the UK ...

EIG celebrate 21st Annual Auctioneers Lunch
Selling at auction, Industry news
12/10/2018

EIG celebrate 21st Annual Auctioneers Lunch

It was great to see both new and familiar faces in the auction community from all corners of the country ...

Do this before bidding on a property at auction!
Buying at auction
03/10/2018

Do this before bidding on a property at auction!

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

David Sandeman to address NAVA Annual Conference
Selling at auction, Industry news
27/09/2018

David Sandeman to address NAVA Annual Conference

NAVA Propertymark has invited David Sandeman to speak on the state of the auction market & how it is developing for the future ...

Property Auctions - How to research the Market
Buying at auction
27/09/2018

Property Auctions - How to research the Market

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

Auction News - EIG Newsletter Sept 2018
Selling at auction, Industry news
19/09/2018

Auction News - EIG Newsletter Sept 2018

As usual, a large portion of the industry took a break in August, with only 51 auctions held across the UK ...

Watch the action live in the auction room!
Buying at auction, Case studies
13/09/2018

Watch the action live in the auction room!

With the EIG live stream feature you can choose the auction you want to watch and see what is happening in the auction room in real time ...

How to deal with the 'Legal Pack'
Buying at auction
28/08/2018

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 ...

EIG Newsletter August 2018 - Essential Auction News
Selling at auction, Industry news
22/08/2018

EIG Newsletter August 2018 - Essential Auction News

Whilst July is traditionally one of the busiest months in the auction calendar, there were only 132 auctions held across …

Why aren't Zoopla and Rightmove the best way to search property auctions?
Buying at auction
20/08/2018

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?'

EIG Newsletter July 2018 - Essential Auction News
Selling at auction, Industry news
18/07/2018

EIG Newsletter July 2018 - Essential Auction News

Looking back at auction activity in June and preceding periods, the market experienced a notably challenging month ...

I find it very helpful when buying a property out of your usual area
Buying at auction, Case studies
19/06/2018

I find it very helpful when buying a property out of your usual area

It has made my life easier because before I used to try and look into all the catalogues of all the different auction companies ...

EIG Newsletter June 2018 - Essential Auction News
Selling at auction, Industry news
13/06/2018

EIG Newsletter June 2018 - Essential Auction News

Last month I reported on a subdued set of auction results, so I am pleased to see that the market bounced back …

Why the first property you buy is the most important of all
Buying at auction
07/06/2018

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?
Buying at auction
29/05/2018

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.

EIG Newsletter May 2018 - Essential Auction News
Selling at auction, Industry news
15/05/2018

EIG Newsletter May 2018 - Essential Auction News

After an encouraging start to 2018, it appears that the market has just cooled slightly, the monthly figures show ...

EIG Newsletter April 2018 - Essential Auction News
Buying at auction, Industry news
17/04/2018

EIG Newsletter April 2018 - Essential Auction News

For the second successive month the industry has enjoyed considerable growth in terms of volumes ...

EIG Newsletter March 2018 - Essential Auction News
Buying at auction, Industry news
20/03/2018

EIG Newsletter March 2018 - Essential Auction News

I am pleased to report on a strong set of auction results last month, with overall lots offered up almost 6% to 4,067 lots and a 3% increase in sales to 3,087 lots.

Freehold and Leasehold - what's the difference?
Buying at auction
20/03/2018

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...

EIG Newsletter February 2018 - Latest property auction results now available
Buying at auction, Industry news
15/02/2018

EIG Newsletter February 2018 - Latest property auction results now available

Just 9 auctions were held across the UK last month, the quietest month in the auction calendar and we're currently in the midst of one of the busiest.

Damp - What to look out for when assessing a property
Buying at auction
13/02/2018

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!
Buying at auction
06/02/2018

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
Buying at auction
30/01/2018

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
Buying at auction
25/01/2018

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 January 2018 Newsletter - Essential Auction News
Buying at auction, Industry news
16/01/2018

EIG January 2018 Newsletter - Essential Auction News

2017 was very much a year of two halves. In the first half auction sales fell by 5% and revenues by 7% when compared to H1 2016 ...

How EIG gives you the best chance of securing the right property at auction
Buying at auction
04/01/2018

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...

EIG welcome tips on key aspects of Property Auctions
Buying at auction
04/01/2018

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...

EIG December 2017 Newsletter - Essential Auction News
Buying at auction, Industry news
18/12/2017

EIG December 2017 Newsletter - Essential Auction News

As highlighted last month, several major auctioneers held their Autumn auction in October this year compared with November last year. This resulted in large double-digit gains made in October, but...

5 Success Strategies for making money when buying property at auction
Buying at auction
12/12/2017

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'?

EIG November 2017 Newsletter - Essential Auction News
Buying at auction, Industry news
15/11/2017

EIG November 2017 Newsletter - Essential Auction News

Last month's figures are somewhat skewed because of the auction dates chosen by several major residential auctioneers. If we discount these auctions, and those held by 6 major auctioneers which...

Think your winning bid is all you'll have to pay at auction?
Buying at auction
19/10/2017

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...

EIG October 2017 Newsletter - Essential Auction News   
Buying at auction, Industry news
17/10/2017

EIG October 2017 Newsletter - Essential Auction News   

Welcome to the October newsletter that looks back at auction activity in September and preceding periods. I am pleased to report on a strong set of auction results, with 3,793 lots offered across...

EIG celebrate 20th Annual Auctioneers Lunch
Buying at auction, Industry news
13/10/2017

EIG celebrate 20th Annual Auctioneers Lunch

EIG moved to a new venue this year to celebrate the 20th year of the Annual Auctioneers Lunch. Hosted at The Royal Thames Yacht Club in Knightsbridge it was as ever a great opportunity for those...

The Benefits of Selling at Auction
Selling at auction
10/10/2017

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...

Join 'The Great Landlord's Debate' at The Property Investor Show
Buying at auction
05/10/2017

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...

EIG September 2017 Newsletter - Essential Auction News 
Buying at auction, Industry news
21/09/2017

EIG September 2017 Newsletter - Essential Auction News 

Welcome to the September newsletter looking back at auction activity in August and preceding periods. As always August was a quiet month for the auction industry, with only 47 auctions held across...

Property buying guide: Assessing Flood Risk
Buying at auction
14/09/2017

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...

The benefits of buying a property at auction
Buying at auction
14/09/2017

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...

Property guide: The issue of Japanese Knotweed
Buying at auction
05/09/2017

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...

EIG August 2017 Newsletter - Essential Auction News   
Buying at auction, Industry news
09/08/2017

EIG August 2017 Newsletter - Essential Auction News   

Welcome to the August newsletter that looks back at auction activity in July and preceding periods. There were 144 auctions held across the UK last month - 24 fewer than last year, yet the numbers...

Join EIG at the Property Investor Show this Autumn!
Buying at auction
25/07/2017

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...

EIG subscriber - 'It can save you a lot of money in avoiding errors!'
Buying at auction, Case studies
20/07/2017

EIG subscriber - 'It can save you a lot of money in avoiding errors!'

We are always chatting to our customers to hear their feedback. Here one of our members tells us what they think of EIG and how the service has helped him.

EIG July 2017 Newsletter - Essential Auction News   
Buying at auction, Industry news
17/07/2017

EIG July 2017 Newsletter - Essential Auction News   

Welcome to the July newsletter that looks back at auction activity in June and preceding periods. 126 auctions were held across the UK last month, 18 fewer than in June 2016, yet the market saw...

EIG June 2017 Newsletter - Essential Auction News   
Buying at auction, Industry news
09/06/2017

EIG June 2017 Newsletter - Essential Auction News   

Welcome to the June newsletter that looks back at auction activity in May and preceding periods. Whilst the UK wakes up to the unexpected news of a hung parliament and what will surely lead to...

What type of property is suitable for sale at auction?
Selling at auction
06/06/2017

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...

The benefits of using EIG to a new property developer
Buying at auction, Case studies
24/05/2017

The benefits of using EIG to a new property developer

This new subscriber shares his experience; "As a research tool, the site is invaluable for a new developer like me, as it allows you to get a good feel for auction market dynamics …"

EIG May 2017 Newsletter - Essential Auction News   
Buying at auction, Industry news
12/05/2017

EIG May 2017 Newsletter - Essential Auction News   

Welcome to the May newsletter that looks back at auction activity in April and preceding periods. 111 property auctions were held across the UK last month, 28 fewer than in April 2016, so it is...

EIG provide industry statistics to a regional auction house looking to grow
Buying at auction, Case studies
27/04/2017

EIG provide industry statistics to a regional auction house looking to grow

At the Essential Information Group (EIG) we supply the national and regional statistics for the property auction industry. In the past we have provided statistics for the Bank of England, national...

EIG feature in Martin Roberts new book 'The Property Auction Guide'
Buying at auction
13/04/2017

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...

EIG April 2017 Newsletter - Essential Auction News  
Buying at auction, Industry news
13/04/2017

EIG April 2017 Newsletter - Essential Auction News  

Welcome to the April newsletter that looks back at auction activity in March and preceding periods. Overall lots offered was down 6.5% last month, from 2,962 lots to 2,769 lots, whilst lots sold...

Would you buy a tenanted property at Auction?
Buying at auction
30/03/2017

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....

Do you get a 'bargain' buying property at auctions?
Buying at auction
14/03/2017

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?

EIG March 2017 Newsletter - Essential Auction News
Buying at auction, Industry news
10/03/2017

EIG March 2017 Newsletter - Essential Auction News

Welcome to the March newsletter that looks back at auction activity in February and preceding periods. Whilst a cursory glance at the figures show a sea of red, I should point out that in February...

5 Key Strategies for making money buying at Auctions
Buying at auction
07/03/2017

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...

What is a Guide Price?
Buying at auction
14/02/2017

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...

EIG February 2017 Newsletter - Essential Auction News
Buying at auction, Industry news
14/02/2017

EIG February 2017 Newsletter - Essential Auction News

Welcome to the February newsletter that looks back at auction activity in January and preceding periods. As is usually the case at the turn of the year, January was a very quiet month with only...

Viewing an auction property: What you need to look out for
Buying at auction
26/01/2017

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...

Crawley Property Meet invite David Sandeman as a guest speaker to their January event.
Buying at auction
18/01/2017

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...

EIG support Network Auctions National Partner Conference 2017
Buying at auction, Industry news
18/01/2017

EIG support Network Auctions National Partner Conference 2017

Essential Information Group (EIG) are proud to have supported the Network Auctions National Partner Conference 2017 providing all the IT support for the event. EIG Managing Director, David...

EIG and National Westminster Bank co-host an Auctioneer's lunch at Drummonds Private Bank
Buying at auction, Industry news
18/01/2017

EIG and National Westminster Bank co-host an Auctioneer's lunch at Drummonds Private Bank

EIG and Natwest co-hosted a lunch for 15 leading Auctioneers where Natwest launched their new product. David Sandeman commented, "We are pleased to be involved with the country's biggest property...

EIG January 2017 Newsletter - Essential Auction News
Buying at auction, Industry news
17/01/2017

EIG January 2017 Newsletter - Essential Auction News

Welcome to the first newsletter of 2017 which looks back at auction activity in December and preceding periods. Having reported on a challenging few months towards the latter part of last year,...

Property auctions expert David Sandeman interviewed for the podcast series 'Mark my words'
Buying at auction
22/12/2016

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...

EIG December 2016 Newsletter - Essential Auction News
Buying at auction, Industry news
15/12/2016

EIG December 2016 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...

What is the 1st step when buying property at auction?
Buying at auction
13/12/2016

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...

What is 1982 data?
Buying at auction
06/12/2016

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...

EIG November 2016 Newsletter - Essential Auction News
Buying at auction, Industry news
16/11/2016

EIG November 2016 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...

EIG host 19th Annual Auctioneers Lunch at the awe inspiring Middle Temple
Buying at auction
10/11/2016

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...

Awarded Gold at The Negotiator Awards 2016
Buying at auction
01/11/2016

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...

David Sandeman writes 'A guide to the guide price' for Estates Gazette's first guide to property auctions
Buying at auction
17/10/2016

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.

Online property auctions provide greater bidding opportunities to buyers
Selling at auction, Case studies
11/10/2016

Online property auctions provide greater bidding opportunities to buyers

The growing popularity of conducting property auctions using the online auction platform is providing greater bidding opportunities to buyers, including in this instance those sailing the English...

EIG October 2016 Newsletter - Essential Auction News
Buying at auction, Industry news
11/10/2016

EIG October 2016 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...

EIG Newsletter - Essential Auction News, September 2016
Buying at auction, Industry news
15/09/2016

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...

Join the EIG team at the Property Investor Show  7-8th October 2016, at Excel London
Buying at auction
13/09/2016

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
Buying at auction, Industry news
23/08/2016

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.

Online property auction success for Network E with bidding war of 88 bids
Selling at auction, Industry news
19/08/2016

Online property auction success for Network E with bidding war of 88 bids

Following strong interest from two steadfast bidders the 88th bid achieved a sale price of 33% over guide. Network E utilises the online auction platform supplied by Essential Information Group....

Singapore bank suspends loans for London properties after Brexit
Buying at auction, Industry news
21/07/2016

Singapore bank suspends loans for London properties after Brexit

A top Singapore bank said Thursday it has suspended loans to anyone wanting to buy property in London, citing uncertainty from Britain's vote to quit the EU but dealing a blow to investors looking...

House prices to fall 5pc nationwide and tumble even further in London as worried home buyers back out
Buying at auction, Industry news
21/07/2016

House prices to fall 5pc nationwide and tumble even further in London as worried home buyers back out

House prices and transaction levels will be hit by a "short, sharp shock for a quarter", as buyers pull out of chains amid the uncertainty. EIG comments ...

July 2016 EIG Newsletter - Latest property auction results now available
Buying at auction, Industry news
19/07/2016

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
Buying at auction
16/06/2016

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
Buying at auction
07/06/2016

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
Buying at auction
07/06/2016

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
Buying at auction
26/05/2016

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...

May 2016 EIG Newsletter - Latest property auction results now available
Buying at auction, Industry news
26/05/2016

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
Buying at auction
10/05/2016

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!
Buying at auction
10/05/2016

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
Buying at auction
05/05/2016

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
Buying at auction
05/05/2016

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)
Buying at auction, Selling at auction
04/05/2016

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
Buying at auction
26/04/2016

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...

How can you work out the value of a property going to auction?
Buying at auction
19/04/2016

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
Buying at auction, Industry news
19/04/2016

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.

New website launched! A fresh look for Essential Information Group (EIG)
Buying at auction, Industry news
14/04/2016

New website launched! A fresh look for Essential Information Group (EIG)

The updated EIG website has been redesigned to offer members all the benefits they are used to and more, including auction industry guides, articles and news.

Simplify your work space and gain time by going paper free!
Buying at auction, Case studies
31/03/2016

Simplify your work space and gain time by going paper free!

Everyone has different ways of working and for one loyal subscriber the introduction of digital catalogues alongside the traditional print version has been a real benefit to him.

I’ve retired 10 years early! - A subscriber success story
Buying at auction, Case studies
31/03/2016

I’ve retired 10 years early! - A subscriber success story

At the time I was a tenant farmer looking to do something different as well. The first property I bought was at an auction in July 2010. It was the right property in the right area and had a lot...

Q2 2023 PAD Report
Buying at auction
01/06/2023

Q2 2023 PAD Report

A deep dive into the property auction sector, looking beyond the normal figures released each month.

Are we at the peak of the base rate rise?
Buying at auction
29/03/2023

Are we at the peak of the base rate rise?

Last week we saw the Bank of England’s base rate hiked up to 4.25%

Our Q1 PAD report is released
Buying at auction
01/03/2023

Our Q1 PAD report is released

This data includes information at a national level as well as by region, also splitting down by residential and commercial property types.

Listen now to Ed Mead & David Sandeman
Dialogue with David
13/02/2023

Listen now to Ed Mead & David Sandeman

Discussing how to make a complicated legal process less daunting

Autumn statement unveiled
Buying at auction
17/11/2022

Autumn statement unveiled

Autumn statement 2022. Jeremy Hunt unveils UK budget plans

Bank of England eases rules on borrowing and 95% mortgages still available until December 2022.
Buying at auction
17/08/2022

Bank of England eases rules on borrowing and 95% mortgages still available until December 2022.

Bank of England eases rules on borrowing and 95% mortgages still available until December 2022.

Integration of Viewber into EIG’s auctioneer management system (AMS)
Buying at auction
10/08/2022

Integration of Viewber into EIG’s auctioneer management system (AMS)

Integration of Viewber into EIG’s auctioneer management system (AMS)

Lots offered up from 2021, but records show buyers should prepare for Christmas!
Buying at auction
21/07/2022

Lots offered up from 2021, but records show buyers should prepare for Christmas!

Looking back at 2021 we can see that 2022 is showing an increase in lots offered each month up till June

Taking the first steps into buying property at auction can be daunting!
Buying at auction, Case studies
31/03/2016

Taking the first steps into buying property at auction can be daunting!

I was on the laptop looking for different ways you could find houses that had been repossessed and EIG just came up. We read through it all and I said, this could be it, because we don't know what...