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Showing posts from October, 2013

David Clark and Company partner with Auction House

Selling a property by auction is easier than many people think, and the prices that are achieved are usually higher than expected too. We have become the local partner agent for Auction House and feel that their experience and effectiveness in auctioneering coupled with our local knowledge can create a very effective sales platform for certain types of property. Strong regional and national presence. Auction House is geared up to sell local property to local, regional and national buyers. We operate over 30 regional auction rooms including one in Central London. 'Local property should always be sold in region by experts who understand auctions and know the area. They will always do a better job and get a higher price. I think that is why Auction House is so successful' Market Leaders in many areas. Auction House operates more auction rooms, has more auctioneers and holds more auctions than anyone else in the UK. We are already the most successful,

Help to Buy - D C & Co's View!

So what is all the fuss about? One camp is claiming the creation of a 'House Price Bubble' the other is saying that many would-be home buyers are going to be disappointed by the actual implementation of the scheme by lenders. I have to say I'm with the latter view. Basically the HTB scheme doesn't put any money in buyers pockets. What it does is for those who have managed to scrape together 5% of the purchase price it places a form of guarantee with lenders for another 15% of the loan. This means that the buyer has to have sufficient income and financial status to qualify for a loan of that amount. The lender is encouraged to lend more with the comfort of the UK Taxpayer underwriting 15% of that loan. It is to be noted that the first banks to confirm they were adopting the scheme were those still part owned by the state. Were they persuaded by government?  Even with this guarantee the % rate charged is above the rate that buyers would be charged if they