UK property auction house, Allsop, has announced that it has raised more than £100m over a two-week period in September through its residential and commercial auctions.
Auction House London found that as belts tighten for sellers, fierce bidding battles for properties with potential are driving sales in the auction room.
There has been a notable rise in the number of vendors choosing to sell their properties under the hammer in the past year, according to new research from Moverly.
The housing market boom over the last few years has been widely publicised, and while experts are predicting that the cost-of-living crisis and the sharp increase in mortgage rates...