Blogs
Exploring Buyer Reservation Deposits
In a standard auction sale, buyers must pay a Reservation Fee upfront. In some circumstances, it creates a financial hurdle that may prevent the purchase from proceeding.
8 mins
Buyers rush to Auctions ahead of Stamp Duty deadline
With the upcoming changes to Stamp Duty Land Tax set to take effect in April 2025, homeowners are increasingly turning to Auction to secure the current rates before the deadline.
Our most recent data shows there has been a significant surge in Auction activity, with properties sold up by 17.3% in the last three months alone. Bidding activity has also risen by a one-third compared to last year, driven by the approaching tax changes and the growing consumer confidence in the Auction process.
Discover how this shift in the market is presenting new opportunities for Estate Agents here.
Related Insights & Resources
Blogs
Understanding Conditional Auctions
Conditional Auction, also known as The Modern Method of Auction (MMoA) offers a flexible, transparent, and secure alternative to Private Treaty, MMoA is growing in popularity.
5 mins
Success stories
Accelerating Agent Success – Mark Stephens, Director and Owner of EweMove Newmarket and Soham.
Find out how Premium Conveyancing has supported EweMove Newmarket and Soham, by speeding up transactions, helping them win more instructions and get paid faster
5 mins