With the current fast-moving property market, property auctions, particularly online property auctions, are appealing to a wider range of buyers and investors, who are increasingly visiting auction rooms in a bid to find a bargain. Demand for auction property has grown over the last 12 months. Recent data from EIG Property Auctions showed a 15% …
Double-digit annual price growth and a shortage of stock summed up the property market in 2021 but as this year gets underway, buyers and sellers are wondering whether there will be more of the same. With many of those planning to move having already done so, the stamp duty holiday in the past and the …
Last week, the MT Finance football team laced up their boots and took to the pitch in aid of Great Ormond Street Hospital Children’s Charity. Playing against rivals Enra Specialist Finance – whose chosen cause was Spread a Smile – the match made for a thrilling 60 minutes of live sport. It was a tough …
After months of speculation, the Bank of England has finally pulled the trigger on a rate rise, voting unanimously to increase rates by 0.15 per centage points to 0.25 per cent at its December meeting. With interest rates so low for so long, boosting the UK economy and helping fuel the housing market, pushing property …
From sponsoring penguins to supporting homelessness charities, we have a long history of giving to causes we care passionately about. But this year we’re doing things differently. Instead of simply donating, we decided it was time for a proper fundraiser. After putting our heads together with Enra Specialist Finance, we created the perfect event: the …
It’s been a busy 18 months for the property market. While fears of a post-stamp duty holiday price crash remain unfounded, there is still uncertainty – and plenty of speculation – about what will happen next. Our Commercial Director Gareth Lewis offers his thoughts on what may fuel demand, predictions for the next quarter and …
After an extraordinary 18 months for the country during which there has been no shift in interest rates, there is plenty of speculation that the Monetary Policy Committee will finally make its move tomorrow. In his recent Budget, Chancellor of the Exchequer Rishi Sunak forecast that inflation is likely to average 4 per cent next …
Rishi Sunak’s highly anticipated budget was unveiled on 27th October amid uncertainty around Covid, rising living costs, and the climate crisis. The focus was firmly on the future, with Sunak declaring it paved the way for an “economy of higher wages, higher skills, and rising productivity.” The lack of available housing was acknowledged while sectors …
When it comes to property auctions, David Sandeman is a respected expert. A qualified barrister with over 30 years industry experience, David founded auction hub and portal Essential Information Group in 1990 after seeing a gap in the market for a reporting service for the UK property auction market. Since then, EIG has become an indispensable …
As the stamp duty holiday finally drew to a close at the end of September, following an extension from the previous deadline and three months of tapering, there were fears that house prices would crash as transactions fell off a cliff. But while there is evidence of a gradual slowdown, fears of a crash were …
