UK property auctions offering buy to let opportunities

London auctioneer Allsop’s prediction that 40% of properties under the hammer next year will be repossessions means there will be some attractive opportunities for brave long-term buy-to-let investors.

Figures from Essential Information Group, which monitors all UK auctions, shows that the number of lots left unsold has risen from 24% this time last year to 40%, indicating that in an uncertain market, buyers are reluctant to take a chance.

Related posts:

1. Expert describes advantages of property auctions
2. Slowing North West Property Auctions
3. Australian property auctions booming
4. Auctions offering buy to let mortgages
5. Sydney property Auctions