The next London and Country Property Auction will take place on Wednesday 27 June 2012 at the Millennium Hotel in London's Mayfair and will combine the expertise of the property industry's most prestigious brands - Hamptons International, John D Wood & Co. & Faron Sutaria.
With 22 properties in total available to buy at the auction - eight properties in Prime Central London and 14 properties in countryside locations - the next event is shaping up to be the biggest London and Country Property Auction since the auction house launched last Autumn. The next event will showcase a range of residential properties including a barn conversion opportunity in rural Surrey, a beautiful Grade II listed cottage in a Berkshire village and a wild card - a plot of land complete with yacht and mooring.
Mark Tanton, Auctioneer for London and Country Auctions, says: "Last month, Hamptons International announced that demand for property across its country network increased by 12 per cent, an increase driven by London buyers. With this in mind the auction presents another great opportunity for Londoners to buy country property.
"With so many country properties available, the auction will provide the perfect opportunity for busy London buyers to attend and leave having purchased Country projects and dream homes all in the space of a day."
At a time when good stock is at a shortage and gazumping on premium property is commonplace, buying at auction provides an excellent alternative to purchase property. The benefits of buying at auction are both speed and certainty, from start to finish, the process usually takes just seven weeks and contracts are exchanged on the fall of a hammer, at which point the sale takes place and the purchaser must provide a deposit.
Richard Delaney, Auction Consultant for London and Country Property Auctions, commented: "Whilst auctions have a long held appeal to a certain audience, the difficult economic backdrop has led to more people considering auctions as a method to buy and sell property. "This is reflected in the selection of properties offered by London and Country Property Auctions, with a range of properties and price points to suit a variety of potential purchasers hoping to get a good deal."
For more information about London and Country Property Auctions, please visit: www.londonandcountrypropertyauctions.com.