However, now that we have the internet at our disposal it’s actually much easier to find a prime location [...]]]> Best UK business locations

Starting up or expanding a business can be tricky enough, but ensuring that you’ve got a location that will allow you to attract new clients and increase turnover is even harder.

However, now that we have the internet at our disposal it’s actually much easier to find a prime location for your venture and it can be done in a matter of hours, rather than days or weeks. The power of online maps allows you to scope out a prospective destination without even going to it, but that’s only half the story.

A new way

Now that the internet has become a hotbed of price comparison it comes as little surprise to find that there are also websites dedicated to comparing office space. Office Genie, for example, is a site that allows you to search for business premises up and down the country in the space of a few simple mouse clicks.

The great thing about this service is that you can instantly get a good idea of what sort of property is available and what sort of prices are being charged. Better still; you can get a birds-eye view of the best locations, including prime spots such as central London.

Destination

Entering a search for ‘office space London’ into your web browser used to be a little bit of a hit and miss way to locate rental property, but the new way of comparing deals works in a much more efficient fashion. It’s akin to comparing the best deals and offers on products such as broadband and mobile phones.

By checking out a comparison site in this way you’ll soon be able to see the most popular locations, but it’s also a great way to score yourself a great renting deal too. You’ll find that central city locations have everything available, from single desk space rental schemes through to serviced offices.

The former is perfect for individuals who don’t want to work from home but do want to get themselves a decent postcode in an inner city vantage point. Contracts are often highly flexible, rents cheap and on a rolling basis while you’ll also get basic amenities and broadband. The best thing is that you merely use the building, so you have no worries about things like maintenance and upkeep.

Getting bigger

The same can be said of the more advanced serviced offices route, which will often give you a much more prestigious workplace setup that can accommodate a lot more employees. You’ll also get more bells and whistles, such as receptionists, post services and IT support in many cases.

Again, working in this way can be hugely effective in not only saving money on rents but also bypasssing many of the administrative hurdles that a business can encounter. Moving into a building and letting the landlord have all of the worry of running it is certainly going to free up your time and allows you to concentrate on generating more business.

Best of all, the office space comparison concept means that you can find central locations, or a prestigious business park vantage point for your venture that will give it an extra seal of credibility. That’s always a plus point if you’re looking to expand not only your business but your client base too.

About the author: Rob Clymo writes on behalf of www.officegenie.co.uk, the UK’s first proper online marketplace for desk space and shared office space.

Well, as I discovered myself, the answer isn’t a simple yes or no, and buying a house now has a few advantages and disadvantages you [...]]]> At a time like now, with the economy in a bit of a mess, potential homebuyers may be wondering if now is a good time to buy.

Well, as I discovered myself, the answer isn’t a simple yes or no, and buying a house now has a few advantages and disadvantages you should take a look at before you consider making a move:

Advantages

1. At the moment, the average house price is lower than it has been, so people looking to buy a house should get a bit more for their money, or get the property they’re looking for – for less. Mind you, it’s still important to search the market for the best deal, as some houses may be priced lower for good reasons.
2. With the base rate at its historic low of 0.5%, people who need to take on a mortgage in order to afford their house should benefit from the lower interest rates. Although the low interest rate is bad news for savers, people who are paying interest on their mortgage often find that their payments are lower than usual.

Disadvantages

1. No-one can accurately predict what will happen regarding future house price trends, so buying a house now could be a risky investment – for example, someone may buy a house for £150,000 and next year it could only be worth £140,000.
2. It is important that anyone looking to jump onto/move up the property ladder at the moment understands that mortgage rates aren’t entirely based on the Bank of England’s base rate. There are a number of other factors that mortgage providers take into account before deciding on interest rates.

Remortgaging

For people who already own their own home, but are looking to remortgage, the same kind of question may pop up – is now a good time to remortgage?

Advantages

1. Again, with the base rate at an all-time low of 0.5%, now may be a good time to remortgage. People looking to remortgage should be able to get a good deal at the moment.

Disadvantages

1. Because of the lower house prices, some homeowners may have less equity in their home – which means that they may get a worse deal (because mortgage providers tend to charge more when the mortgage they’re granting is larger – as a percentage of the house’s value).
2. Again, mortgage rates aren’t based entirely on the Bank of England’s base rate, so no-one can guarantee that they will get a low-interest deal. It all depends on the lender’s criteria and the situation of the homeowner looking to remortgage.

Lou: Hi, grateful for some help, I am about to start looking for commercial properties to rent but wonder if someone could please either tell me what a “full repairing and insuring lease” is, point [...]]]> Here is some useful information for anyone thinking of leasing commercial property or adding commercial property to their portfolio.

Lou: Hi, grateful for some help, I am about to start looking for commercial properties to rent but wonder if someone could please either tell me what a “full repairing and insuring lease” is, point me in the direction of a useful website, or let me have a copy of such a lease!! The majority of properties are let this way but I am having trouble finding somewhere/someone that can explain in laymans terms what my obligations as a tenant will be.

I have several residential properties that I let out and had no problem finding information on the net but there’s not as much for commercial property.

Many thanks in advance for your help.

Tax Accountant: Your obligations as a tenant will be quite extensive. You will be responsible for all the ongoing repairs and insurance for the building. Although you don’t have any responsibility for improving the property, you still have to maintain it in a satisfactory state. The most important is the dilapidations issue. When you hand back the property, you will be responsible for putting back the property in the state in awhich it was originally when the lease was first issued. If you are taking a lease by assignment from another tenant, you are still responsible for all outstanding repairs. It is best to have the property surveyed before you take on a lease.

Ramnik

SteveP: It means exactly what it says on the tin. You will be responsible for the insurance and repair of the property. The detail of that repairing obligation will depend firstly on what the repairing clauses in the lease say. Typically they may require you to put and keep, or keep the property in good repair, both terms will make you liable to remedy disrepair that exists already not merely to return it in its present condition.

Repairing clauses also generally include other matters, such as complying with regulations, which you will have to pay for. There are also normally decorating clauses which may have cost implications.

You should not sign a lease without having a survey carried out by a chartered building surveyor (it really is just about the most reckless thing you can do) and if the building has significant mechanical/electrical services you will probably need a report from a chartered buillding services engineer too. A chartered building surveyor will be able to advise you whether the terms are appropriate and whether you should negotiate different terms, for example terms that limit your liability by incorporating a schedule of condition.

I could tell you hundreds of stories of people taking on commercial leases without such advice beforehand that end with the tenant being liable for thousands of pounds worth of disrepair which could have been avoided very easily.

Tax Accountant: Do not take commercial leases lightly. Take full legal advice and don’t skimp on the survey to ensure that you are not taking on the responsibilities of other peoples repairs and dilapidations.

Ramnik

Lou: Many thanks for your replies and advice. We will get full surveys and legal advice etc and ensure the building is in an acceptable state before taking on any lease.

Presumably then the owner has no or little responsibility for the property other than buying it?? If so this seems less troublesome than having a residential portfolio where the landlord is responsible for everything – although I am sure it’s not as simple as this!

many thanks again for your help

Lou

By the way I am looking for premises of approx 3000 – 6000 sq ft on the west/northwest side of Edinburgh if anyone happens to know of any! thanks.

—

Taken from LandLordZone: (http://www.landlordzone.co.uk/forums/archive/index.php/t-644.html)

By Penny Anderson

Because I live in private rented housing, it’s entirely possible that I could find myself obliged to move every six months until I die. I’m not being neurotic or pessimistic – it could actually happen. For renters stuck on this treadmill of short, serial tenancies, life can resemble an [...]]]> Source: http://www.guardian.co.uk/society/2009/apr/08/rentergirl

By Penny Anderson

Because I live in private rented housing, it’s entirely possible that I could find myself obliged to move every six months until I die. I’m not being neurotic or pessimistic – it could actually happen. For renters stuck on this treadmill of short, serial tenancies, life can resemble an infinite sequence of heroic tasks. There’s the legendary utility company reconnection trial, marauding hordes of duplicitous letting agents to defeat, and the Sisyphean cycle of packing/unpacking/repacking.

It makes me wish I was French or Dutch. On mainland Europe, letting is the norm, and agreements last for years. Renters can make themselves at home, whereas in Britain the standard tenancy lasts just six months, and bad landlords delight in keeping tenants on tenterhooks come renewal time.

The law can be supportive of landlord short-termism. The last Conservative government passed legislation intended to simplify what was seen as a complex eviction process, unblocking what they regarded as a moribund private rental sector. Recently, housing charities and lawyers have noticed that section 21 of the 1988 Housing Act – put simply, the first step in giving notice to quit – is being used to undermine security. Some landlords even start the process of ending the tenancy on the very day renters move in, encouraging (or compelling) them to sign an acknowledgment that a section 21 notice has been served.

Many younger or inexperienced renters fail to grasp the implications of what they’ve signed. They might have been homeless and are understandably desperate, perhaps scared. But even tenants with pristine references can be victims. Landlords and letting agents promote the procedure as harmless, as a routine and sensible precaution. Renters who understand what they’ve signed are rattled, and increasingly reluctant to press for repairs, or they might accept untoward rent increases, fearing that, if they refuse, they will be shown the door.

“Retaliatory evictions” describes the situation where tenants assert their right for repairs or maintenance, only for the landlord to suddenly and coincidentally decide to sell up (the rules on vacant possession are open to misuse).

Another strategy used to undermine tenants could simply be described as “lying”. Letting agents are known to advertise a long-term contract, knowing full well that the landlord has no such intentions. In one extreme case I encountered, a tenant was granted a six-month agreement, but was assured it would be renewed whenever they wanted. They were so delighted they redecorated, and even planted a garden. In fact, not only was the house for sale, but was owned and being marketed by their own letting agent. They had to move for the fifth time in as many years.

Given such conditions, how are people to settle within a community? What about families who need to find schools? We never know how long the master of our destiny might deign to let us stay, and the current climate has increased insecurity as owners facing financial difficulties, even about to forfeit the mortgage, force tenants to move on again.

T he process of moving house is always fraught, exhausting and costly. Too many renters lead nomadic lives, paying removal costs, losing deposits and stumping up for agency fees, while enduring inconveniences such as telecom providers who cut off communications for weeks every time they relocate. For credit reference purposes, our fragmented housing history makes us look dodgy, like fugitives. Once again, the result is further expense, in sureties and precautionary advance payments for necessities such as phones.

For all these reasons, we can’t make plans. And with short-term tenancies ending on a whim, it’s hardly worth unpacking. That’s why I hoard banana boxes (they’re the strongest; I am now a packing expert). But it’s no way to live. Landlords should value long-term tenants, and end this drive for short-term renting. Otherwise, we’ll have to move so often that eventually you’ll see removal vans roaming the streets like taxis, ready when we need them.

Penny Anderson blogs on living in private rented accommodation at rentergirl.blogspot.com

AAbingdon, Abridge, Accrington, Acle, Addlestone, Adlington, Adwick le Street, Alcester, Aldeburgh, Aldershot, Aldridge, Alford, Alfreton, Alnwick, Alsager, Alston, Alton, Altrincham, Amble, Ambleside, Amersham, Amesbury, Ampthill, Andover, Appleby-in-Westmorland, Appledore, Apsley, [...]]]> A list of towns in which you may find property for auction at a nearby property auction. For more information on property auctions click here.

A

Abingdon, Abridge, Accrington, Acle, Addlestone, Adlington, Adwick le Street, Alcester, Aldeburgh, Aldershot, Aldridge, Alford, Alfreton, Alnwick, Alsager, Alston, Alton, Altrincham, Amble, Ambleside, Amersham, Amesbury, Ampthill, Andover, Appleby-in-Westmorland, Appledore, Apsley, Arlesey, Arnold, Arundel, Ascot, Ashbourne, Ashburton, Ashby-de-la-Zouch, Ashford (Kent), Ashford (Surrey), Ashington, Ashton-in-Makerfield, Ashton-under-Lyne, Askern, Aspatria, Atherstone, Atherton, Attleborough, Audenshaw, Axbridge, Axminster, Aylesbury, Aylsham

B

Bacup, Backworth, Baildon, Bakewell, Baldock, Banbury, Banstead, Barking, Barnard Castle, Barnehurst, Barnoldswick, Barnsley, Barnstaple, Barrow-in-Furness, Barton-upon-Humber, Basildon, Basingstoke, Bath, Batley, Battle, Bawtry, Beaconsfield, Beaminster, Bebington, Beccles, Beckenham, Bedale, Bedford, Bedlington, Bedworth, Beer, Beeston, Belper, Berkeley, Berkhamsted, Berwick-upon-Tweed, Beverley, Bewdley, Bexhill-on-Sea, Bicester, Biddulph, Bideford, Biggleswade, Billericay, Billingham, Bilston, Bingham, Bingley, Birchwood, Birkenhead, Birmingham, Bishop Auckland, Bishop’s Castle, Bishop’s Stortford, Bishop’s Waltham, Blackburn, Blackheath, Blackpool, Blackrod, Blackwater, Blandford Forum, Blaydon, Bletchley, Bloxwich, Blyth, Bodmin, Bognor Regis, Bollington, Bolsover, Bolton, Bootle, Bordon, Borehamwood, Boroughbridge, Boston, Bourne, Bournemouth, Bovey Tracey, Bowness-on-Windermere, Brackley, Bracknell, Bradford, Bradford on Avon, Brading, Bradley Stoke, Bradninch, Braintree, Brampton, Brandon, Brentwood, Bridgnorth, Bridgwater, Bridlington, Bridport, Brierfield, Brierley, Brierley Hill, Brigg, Brighouse, Brightlingsea, Brighton and Hove, Bristol, Brixham, Broadstairs, Broadstone, Bromborough, Bromsgrove, Bromyard, Broseley, Brough, Broughton, Broughton-in-Furness, Brownhills, Broxbourne, Bruton, Buckfastleigh, Buckhurst Hill, Buckingham, Bude, Budleigh Salterton, Bulwell, Bungay, Buntingford, Burford, Burgess Hill, Burgh-le-Marsh, Burnham-on-Crouch, Burnham-on-Sea, Burnley, Burntwood, Burton Latimer, Burton upon Trent, Bury, Bury St Edmunds, Bushey, Buxton

C

Cadishead, Caister-on-Sea, Caistor, Callington, Calne, Camberley, Camborne, Cambridge, Camelford, Cannock, Canterbury, Canvey Island, Carlisle, Carnforth, Carterton, Castle Cary, Castleford, Caterham, Catterick Garrison, Chadderton, Chagford, Chapel-en-le-Frith, Chard, Charlbury, Chatham, Chatteris, Cheadle (Greater Manchester), Cheadle (Staffordshire), Chelmsford, Cheltenham, Chertsey, Chesham, Cheshunt, Chessington, Chester, Chesterfield, Chester-le-Street, Chichester, Chigwell, Chingford, Chippenham, Chipping Campden, Chipping Norton, Chipping Ongar, Chipping Sodbury, Chorley, Chorleywood, Christchurch, Chudleigh, Chulmleigh, Church Stretton, Cinderford, Cirencester, Clacton-on-Sea, Clare, Clay Cross, Clayton-le-Moors, Cleator Moor, Cleckheaton, Cleethorpes, Cleobury Mortimer, Clevedon, Cleveleys, Clifton, Clitheroe, Clun, Coalville, Cobham, Cockermouth, Coggeshall, Colchester, Coleford, Coleshill, Colne, Colyton, Congleton, Conisbrough, Consett, Corbridge, Corby, Corringham, Corsham, Coseley, Cotgrave, Coulsdon, Coventry, Cowes, Cradley Heath, Cramlington, Cranbrook, Craven Arms, Crawley, Crayford, Crediton, Crewe, Crewkerne, Cricklade, Cromer, Crook, Crosby, Crowborough, Crowland, Crowle, Croydon, Cullompton

D

Dagenham, Dalton-in-Furness, Darlaston, Darley Dale, Darlington, Dartford, Dartmouth, Darwen, Daventry, Dawley, Dawlish, Deal, Denholme, Denton, Derby, Dereham, Desborough, Devizes, Dewsbury, Didcot, Dinnington, Diss, Doncaster, Dorchester, Dorking, Dover, Dovercourt, Downham Market, Driffield, Droitwich Spa, Dronfield, Droylsden, Dudley, Dukinfield, Dulverton, Dunstable, Dunwich, Durham, Dursley

E

Eaglescliffe, Ealing, Earby, Earl Shilton, Earley, Earlswood, Easington, Easington Colliery, Easingwold, East Grinstead, Eastbourne, Eastham, Eastleigh, Eastwood (Essex), Eastwood (Nottinghamshire), Eccles, Eccleshall, Eckington, Edenbridge, Edlington, Egham, Egremont, Elland, Ellesmere, Ellesmere Port, Ely, Emsworth, Epping, Epsom, Epworth, Esher, Eston, Eton, Evesham, Ewell, Exeter, Exmouth, Eye

F

Failsworth, Fairford, Fakenham, Falmouth, Fareham, Faringdon, Farnborough, Farnham, Farnworth, Faversham, Fawfieldhead, Fazeley, Featherstone, Felixstowe, Feltham, Fenny Stratford, Ferndown, Ferryhill, Filey, Filton, Fleet, Fleetwood, Flitwick, Folkestone, Fordbridge, Fordingbridge, Fordwich, Formby, Fowey, Framlingham, Frimley, Frinton-on-Sea, Frodsham, Frome

G

Gainsborough, Garforth, Garstang, Gateshead, Gillingham (Dorset), Gillingham (Kent), Glastonbury, Glossop, Gloucester, Godalming, Godmanchester, Golborne, Goole, Gorleston, Gosport, Grange-over-Sands, Grantham, Gravesend, Grays, Great Dunmow, Great Torrington, Great Yarmouth, Grimsby, Guildford, Guisborough, Guiseley

H

Hadfield, Hadleigh, Hailsham, Halesowen, Halesworth, Halifax, Halstead, Haltwhistle, Hanwell, Harleston, Harlow, Harpenden, Harrington, Harrogate, Harrow, Hartland, Hartlepool, Harwich, Haslemere, Haslingden, Hastings, Hatfield, Hatherleigh, Havant, Haverhill, Hawes, Haxby, Hayle, Hayes, Haywards Heath, Heanor, Heathfield, Hebburn, Hebden Bridge, Hebden Royd, Heckmondwike, Hedge End, Hednesford, Hedon, Helmsley, Helston, Hemel Hempstead, Hempstead, Hemsworth, Henley-in-Arden, Henley-on-Thames, Hereford, Herne Bay, Hersham, Hertford, Hessle, Heswall, Hetton-le-Hole, Heversham, Hexham, Heywood, High Bentham, Higham Ferrers, Highbridge, Highcliffe, Highworth, High Wycombe, Hinckley, Hindley, Hingham, Hitchin, Hoddesdon, Holbeach, Holmfirth, Holsworthy, Holt, Honiton, Horley, Horncastle, Hornchurch, Hornsea, Horsforth, Horsham, Horwich, Houghton-le-Spring, Houghton Regis, Hounslow, Howden, Hoylake, Hoyland, Hucknall, Huddersfield, Hugh Town, Hungerford, Hunsdon, Hunstanton, Huntingdon, Huyton, Hyde, Hythe

I

Ibstock, Ilford, Ilfracombe, Ilkeston, Ilkley, Ilminster, Immingham, Ingatestone, Ipswich, Irlam, Irthlingborough, Ivybridge

J

Jarrow

K

Kearsley, Keighley, Kempston, Kendal, Kenilworth, Kesgrave, Keswick, Kettering, Keynsham, Kidderminster, Kidsgrove, Killamarsh, Killingworth, Kimberley, Kingsbridge, King’s Lynn, Kingston upon Hull, Kingston upon Thames, Kingswood, Kington, Kirkby, Kirkby-in-Ashfield, Kirkby Lonsdale, Kirkby Stephen, Kirkbymoorside, Kirkham, Kirton in Lindsey, Knaresborough, Knottingley, Knowle, Knutsford

L

Lancaster, Langport, Laindon, Langdon Hills, Langley Mill, Launceston, Leamington Spa, Leatherhead, Lechlade, Ledbury, Leeds, Leek, Lee-on-the-Solent, Leicester, Leigh, Leighton Buzzard, Leigh-on-Sea, Leiston, Leominster, Letchworth, Lewes, Leyburn, Leyland, Lichfield, Lincoln, Linslade, Liskeard, Littleborough, Littlehampton, Liverpool, Loddon, Loftus, London, Long Eaton, Long Sutton, Longbenton, Longridge, Longtown, Looe, Lostwithiel, Loughborough, Loughton, Louth, Lowestoft, Ludgershall, Ludlow, Luton, Lutterworth, Lydd, Lydney, Lyme Regis, Lymington, Lytham St Annes

M

Mablethorpe, Macclesfield, Madeley, Maghull, Maidenhead, Maidstone, Maldon, Malmesbury, Maltby, Malton, Malvern, Manchester, Manningtree, Mansfield, Mansfield Woodhouse, Marazion, March, Margate, Market Bosworth, Market Deeping, Market Drayton, Market Harborough, Market Rasen, Market Warsop, Market Weighton, Marlborough, Marlow, Maryport, Masham, Matlock, Melbourne, Melksham, Meltham, Melton Mowbray, Mere, Mexborough, Middleham, Middlesbrough, Middleton, Middlewich, Midhurst, Midsomer Norton, Mildenhall, Millom, Milnrow, Milnthorpe, Milton Keynes, Minchinhampton, Minehead, Minster, Mirfield, Mitcham, Mitcheldean, Morden, Morecambe, Moretonhampstead, Moreton, Moreton-in-Marsh, Morley, Morpeth, Mossley, Much Wenlock, Mytholmroyd

N

Nailsea, Nailsworth, Nantwich, Needham Market, Nelson, Neston, Netherfield, Netherton, New Alresford, New Ferry, New Malden, New Mills, New Milton, New Romney, Newark-on-Trent, Newbiggin-by-the-Sea, Newbury, Newcastle-under-Lyme, Newcastle upon Tyne, Newent, Newhaven, Newlyn, Newmarket, Newport (Cornwall), Newport (Isle of Wight), Newport (Shropshire), Newport Pagnell, Newquay, Newton Abbot, Newton Aycliffe, Newton-le-Willows, Normanton, Northallerton, Northam, Northampton, Northfleet, Northleach, North Hykeham, North Kenton, North Petherton, North Shields, North Tawton, North Walsham, Northwich, Norton-on-Derwent, Norwich, Nottingham, Nuneaton

O

Oadby, Oakengates, Oakham, Okehampton, Oldbury, Oldham, Ollerton, Olney, Orford, Ormskirk, Orpington, Ossett, Oswaldtwistle, Oswestry, Otley, Ottery St Mary, Oundle, Overcombe, Oxford, Oxted

P

Paddock Wood, Padiham, Padstow, Paignton, Painswick, Parkeston, Partington, Patchway, Pateley Bridge, Peacehaven, Pendlebury, Penistone, Penkridge, Penrith, Penryn, Penwortham, Penzance, Pershore, Peterborough, Peterlee, Petersfield, Petworth, Pickering, Pitsea, Plymouth, Pocklington, Polegate, Pontefract, Ponteland, Poole, Porthleven, Portishead, Portland, Portsmouth, Potters Bar, Potton, Poulton-le-Fylde, Prescot, Preston, Prestwich, Princes Risborough, Princetown, Prudhoe, Pudsey

Q

Quarry Bank, Queenborough

R

Radcliffe, Radstock, Rainham, Ramsbottom, Ramsgate, Raunds, Rawtenstall, Rayleigh, Reading, Redcar, Redditch, Redhill, Redruth, Reepham, Reeth, Reigate, Retford, Richmond (London), Richmond (North Yorkshire), Rickmansworth, Ringwood, Ripley, Ripon, Rishton, Robin Hood’s Bay, Rochdale, Rochester, Rochford, Romford, Romsey, Ross-on-Wye, Rothbury, Rotherham, Rothwell (Northamptonshire), Rothwell (West Yorkshire), Rowley Regis, Royal Tunbridge Wells, Royston (Hertfordshire), Royston (South Yorkshire), Royton, Rubery, Rugby, Rugeley, Runcorn, Rushden, Ryde, Rye, Ryton

S

Saffron Walden, St Albans, St Austell, St Blazey, St Columb Major, St Helens, St Ives (Cambridgeshire), St Ives (Cornwall), St Just in Penwith, St Mawes, St Neots, Salcombe, Sale, Salford, Salisbury, Saltash, Saltburn-by-the-Sea, Sandbach, Sandhurst, Sandiacre, Sandown, Sandwich, Sandy, Sawbridgeworth, Saxmundham, Scarborough, Scunthorpe, Seaford, Seaham, Seaton, Sedbergh, Sedgley, Selby, Selsey, Settle, Sevenoaks, Shaftesbury, Shanklin, Shaw & Crompton, Sheerness, Sheffield, Shefford, Shepperton, Shepshed, Shepton Mallet, Sherborne, Sheringham, Shifnal, Shildon, Shipley, Shipston-on-Stour, Shirebrook, Shoeburyness, Shoreham-by-Sea, Shrewsbury, Sidmouth, Silloth, Silsden, Sittingbourne, Skegness, Skelmersdale, Skelton-in-Cleveland, Skipton, Sleaford, Slough, Smethwick, Snaith, Snodland, Soham, Solihull, Somerton, Southam, Southampton, Southborough, South Benfleet, South Bank, South Cave, South Elmsall, South Molton, South Petherton, South Shields, South Woodham Ferrers, Southend-on-Sea, Southminster, Southport, Southsea, Southwell, Southwick, Southwold, Sowerby Bridge, Spalding, Spellbrook, Spennymoor, Spilsby, Stafford, Staines, Stainforth, Stalbridge, Stalham, Stalybridge, Stamford, Stanford-le-Hope, Stanhope, Stanley, Stapleford, Staveley, Stevenage, Steyning, Stockport, Stocksbridge, Stockton-on-Tees, Stoke-on-Trent, Stokesley, Stone, Stonehouse, Stony Stratford, Stourbridge, Stourport-on-Severn, Stowmarket, Stow-on-the-Wold, Stratford-upon-Avon, Stratton, Stretford, Strood, Stroud, Sturminster Newton, Sudbury, Sunbury-on-Thames, Sunderland, Sutton, Sutton Coldfield, Sutton-in-Ashfield, Swadlincote, Swaffham, Swanage, Swanley, Swanscombe, Swindon, Swinton (Greater Manchester), Swinton (South Yorkshire), Syston

T

Tadcaster, Tadley, Tamworth, Taunton, Tavistock, Teignmouth, Telford, Telscombe, Tenbury Wells, Tenterden, Tetbury, Tewkesbury, Thame, Thamesmead, Thatcham, Thaxted, Thetford, Thirsk, Thornaby-on-Tees, Thornbury, Thorne, Thornton, Thorpe St Andrew, Thrapston, Tickhill, Tidworth, Tilbury, Tipton, Tisbury, Tiverton, Todmorden, Tonbridge, Topsham, Torpoint, Torquay, Totland, Totnes, Toton, Totton & Eling, Tow Law, Towcester, Tring, Trowbridge, Truro, Twickenham, Tyldesley, Tynemouth

U

Uckfield, Ulverston, Upholland, Upminster, Uppingham, Upton, Upton-upon-Severn, Urmston, Uttoxeter, Uxbridge

V

Ventnor, Verwood

W

Wadebridge, Wadhurst, Wakefield, Wainfleet All Saints, Walkden, Wallasey, Wallsend, Wallingford, Wallington, Walmer, Walsall, Waltham Abbey, Waltham Cross, Walthamstow, Walton, Walton-on-Thames, Walton-on-the-Naze, Wandsworth, Wantage, Ware, Wareham, Warminster, Warrington, Warwick, Washington, Watchet, Waterlooville, Watford, Wath-upon-Dearne, Watlington, Watton, Wednesbury, Wednesfield, Wellingborough, Wellington (Somerset), Wellington (Shropshire), Wells, Wells-next-the-Sea, Welwyn Garden City, Wem, Wendover, Wesham, West Bridgford, West Bromwich, West Byfleet, West Kirby, West Malling, West Mersea, Westbury, Westerham, Westgate-on-Sea, Westhoughton, Westminster, Weston-super-Mare, Wetherby, Weybridge, Weymouth, Whaley Bridge, Whickham, Whitby, Whitchurch (Hampshire), Whitchurch (Shropshire), Whitebushes, Whitecliff, Whitefield, Whitehaven, Whitley Bay, Whitnash, Whitstable, Whittlesey, Whyteleafe, Wickford, Wickham, Wickwar, Widnes, Wigan, Wigston Magna, Wigton, Willenhall, Willington, Wilmslow, Wilton, Wimborne Minster, Wincanton, Winchcombe, Winchelsea, Winchester, Windermere, Windsor, Winsford, Winslow, Winterton, Wirksworth, Wisbech, Witham, Withernsea, Witney, Wiveliscombe, Wivenhoe, Woburn, Woburn Sands, Woking, Wokingham, Wolsingham, Wolverhampton, Wolverton, Wombwell, Woodbridge, Woodley, Woodstock, Wooler, Wootton Bassett, Worcester, Workington, Worksop, Worsley, Worthing, Wotton-under-Edge, Wragby, Wroxham, Wymondham, Wythall

Y

Yarm, Yarmouth, Yate, Yateley, Yeadon, Yeovil, York

The company’s ferocious and rapid convergence on the UK property market has [...]]]> The Americans are here. Huge American property auction company, the Real Estate Disposition Company, specialising in sales of foreclosed and distressed properties has announced the dates for its first wave of 5 auctions beginning March 31st at the Hilton Newcastle Gateshead Hotel.

The company’s ferocious and rapid convergence on the UK property market has caused quite a stir, but not quite as much as the fact it charges a 10% buyer’s fee, and that first time buyers have had their offers rejected because REDC auctions now present an opportunity to perhaps get a better price.

In statements released to the press, REDC CEO and co-founder Jeffrey Frieden said:

“When a house is vacant, everyone loses,” he says. “When we put a family into a home, they’re paying a mortgage & utilities etc., and breathing the life back into the property – all of which helps the economy. A home that remains vacant has the opposite effect.

“REDC has turned tens of thousands of bank repossessed houses across America back into homes,” Frieden adds. “As a property auction company, our mission is to bring sellers together with home buyers and a range of investors. Only an auction can determine the true market values of these properties.”

The comparative size of the UK to the US and the hype surrounding REDC entry has generated presents the potential situation that their auctions may become the only place to buy repossessed properties in the UK.

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