Distinctive Publishing

Southern buyers look North as online property auctions prove a success

A North-East company specialising in property auctions says that is seeing a sharp rise in sales as Southern buyers look North for investment opportunities.

Properties Under the Hammer recently launched a service that allows home-owners to sell their homes online to buyers who can bid over the Internet and has noted strong demand from Southern buyers for houses in the £30-35,000 price bracket.

The company says that the buyers view the North as an area in which their money goes further, pointing out that the cost of a London flat would buy at least five houses in the North East.

Properties Under the Hammer says that the Southern buyers are placing their new purchases in the hands of agents to rent out for good rates while also regarding the properties as long-term investments.

The company’s recently-launched online service has proved popular with buyers from the South and Properties Under the Hammer’s team is working with a range of home owners around the region, offering them the service to sell their property online.

The company website  at http://www.propertiesunderthehammer.com/ has details of a range of different properties in Northumberland, Tyne and Wear, County Durham  and Teesside, all of which are up for sale.

Properties Under the Hammer has more than 20 years of experience in the real estate industry and its auctions have something on offer for everyone from first time buyers to those seeking investment opportunities.

The company’s staff are available to guide people through the process if it’s their first time purchasing or selling a property at auction.