SVA Property Auctions achieve sales of 6.3 million pounds
SVA Property Auctions has secured its highest ever auction proceeds, despite fears of further rises in interest rates.
The Edinburgh-based group said a wave of confidence was supporting the market, helping it achieve sales of £6.3 million from its first auction of 2007.
SVA director and founder Shaun Vigers said around 90 per cent of the 45 lots up for grabs were sold – including some substantial commercial property deals in Glasgow and Kirkwall, which were concluded before they had a chance to go under the hammer.
Mr Vigers said that the two properties secured “significantly more” than the £1.5m guide prices assigned to each of them.
He said: “This auction secured record sales for SVA, exceeding our previous best ever sale by more than £2m.
Related posts:
