Auction House Guide To Selling & Buying a Property at Auction

This is the first auction to be held by Auction House in Cambridgeshire. A second venue may be established in due course. We believe the dynamic approach and bold image will appeal to sellers and buyers alike and enable us to be as successful as the other Auction Houses elsewhere in the country

“Our plan will be to work with introducer agents in towns where we do not have a Thomas Morris branch office, and to introduce a wider mix of properties into our catalogues”

Property auctions are a big growth area, both locally and nationally. The benefits of selling and buying at auction are becoming better understood by those active in the residential market, and TV programmes like “Under the Hammer” and “Property Ladder” are encouraging new buyers to enter the field, so much so that year on year growth of auction sales is currently running at over 30%. We have also noticed a growing trend for vendors to choose to sell through a local auction saleroom, rather than offering their property through a London auction room.

It was for these reasons that Thomas Morris decided to expand its operation and activities, and take on a Regional Licence for the national Auction House brand. Our aim is to develop the size and spread of our auctions business to encompass Cambridgeshire and parts of Bedfordshire and Hertfordshire. Our plan will be to work with introducer agents in towns where we do not have a Thomas Morris office, and to have a wide mix of properties in our catalogues

We believe that with this powerful new styling we have the opportunity to lead the way in land and property auctions across our region, and to work with other Auction House regions on a joint promotion basis.