Network Auctions announce best December auction in a decade

Warren Lewis
18th December 2018

Network Auctions last ballroom auction of the year held at Grosvenor House Hotel on the 13th December has raised a Christmas cheer as the total £5,374,500 raised is the highest at a December sale for the firm going back over ten years.

Toby Limbrick, director, said, “It is a tough market out there, but I’m delighted to see we raised almost £2 million more this December than last year and to end the year with one of our highest for some 13 years is a great boost to the team.

Market conditions remain uncertain and those who are certain about wanting a sale are choosing auction as the most competitive way. We secured a number of sales prior, showing there’s buyer activity out there. Auction creates momentum for buyers and that’s something the rest of the property market is lacking right now.”

Related articles
More from Auctions
Latest from Financial Reporter
Latest from Commercial Reporter