Countrywide to host exclusive property auction in the North East

Property Auctions

Thursday, August 5, 2010

Countrywide, the UK's largest regional auction house and property services Group, is to host its first exclusive North East property auction on Monday 22nd September.

In conjunction with 21 leading estate agency branches, the auction will commence at 12noon at Newcastle Falcons Rugby Club, Kingston Park Ground, Brunton Road, Kenton Bank Foot, Newcastle-on-Tyne NE13 8AF. Properties from across Tyneside, Yorkshire, County Durham and Northumberland will be on offer.

A variety of properties will be on offer with repossessed properties on offer enabling first time buyers and investors to pick up a bargain; as well as houses and apartments on offer for buyers looking to trade up or down.

The rise in private sellers registering their properties at auction has increased by 109 percent increase in the first 6 months of the year compared to 2009, according to Countrywide, as the prospect of a quick sale grows in popularity for both buyers and sellers

Launching the event, Mark Tanton, Countrywide's Principal Auctioneer, said:

"One of the main benefits of buying and selling at auction is the variety of homes available and the speed of sale - the drop of the gavel signals the exchange of contacts and sales complete in just 20 working days.

"Auctions are traditionally seen as a place for investors and developers, but we are seeing a rising number of first time buyers, second home buyers - all looking to snap up a bargain."

Registration is still open for homeowners to place their property in the auction. Local agents Bairstow Eves and Rentons are supporting this special event. To find out more about the properties in your local area going to auction or if you would like to sell your property through auction, visit www.countrywidepropertyauctions.co.uk or contact to your local Bairstow Eves or Rentons office.

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