Lucy Barber: How to buy a property at auction
Auctions have seen a surge in popularity over the last few years, with an increasing number of prime properties going under the hammer. Forsters’ Lucy Barber explains what prospective bidders should be aware of, and the all-important due diligence required beforehand…
Lucy specialises in all aspects of residential property acting for a variety of private individuals, developers and investors and lenders in the acquisition and disposal of freehold and leasehold property. She is also a member of the Enfranchisement Team acting for both landlords and tenants in connection with their enfranchisement claims. Her work includes acting for the Phillimore Estate and the Crown Estate dealing their enfranchisement claims and management issues arising from their property portfolios. Lucy provides commercial and practical advice to ensure the best outcome is reached for her clients.
Asking prices climb to another record high, but the property market appears to be slowing
“A lack of homes for sale rather than a lack of desire from buyers is what is dictating the pace of the market,” says Rightmove, as the UK’s average asking price rises 2.1% in a month.
Property prices have doubled around some Elizabeth Line stations
"Despite delays in the line opening, the number of buyers looking to move near the stations has steadily surged," says Rightmove.
Coastal competition cools as city property markets heat up
Buyer and tenant demand is still running very high in many seaside locations, but Rightmove points to a marked slow-down from the frantic activity of 2020 and 2021.
Companies in this article
ForstersMost read
OB Private scales up with senior hires & new brokerage arm
Six new recruits arrive - including an established team from Chestertons - as PCL agency rolls out broker platform alongside employed structure.
Ex-Savills director joins Moveli
Upper-market brokerage continues to scale its national agent network.
Savills appoints new lettings heads in Surrey
Agency strengthens Cobham and Guildford teams as regulation reshapes the rental landscape.
House Collective adds Hamptons veteran as London expansion gathers pace
Alister Shaw and Paul Davis bolster boutique firm’s West and North London teams.
Grant J Bates Property installs new lettings boss
Ex-Hamptons associate director to spearhead prime lettings push at fast-growing luxury brokerage.
Talking Heads: How a cyber-attack put the PCL property sector in limbo
PrimeResi hears from some of the capital's top property brokers, lawyers & developers, about how November's IT hack exposed a fragile planning system, put transactions on ice, and continues to cause 'havoc'…
By PrimeResi
‘A celebration of craft, materiality & artistic expression’: Inside The Whiteley’s latest design collaboration
With more than three-quarters of apartments now sold, the Bayswater landmark unveils another 'Designer Collection' apartment, created by Irish interiors maven Maoliosa Murray.
By PrimeResi
Cohort agrees £20mn loan against £56mn Mayfair home
Big-ticket refinancing was agreed in only three weeks.
By PrimeResi
Strutt & Parker launches broker team to ‘super-charge’ prime London business
Exclusive: After six months building a crack team of PCL brokers, sales chief Claire Reynolds has unveiled a new 'hybrid' operating model that promises to 'redefine agency' in the capital.
By PrimeResi
In Pictures: Rare Connaught Square townhouse hits the market at £6.5mn
Agency debuts Grade II listed residence on high-profile W2 garden square.
LATEST ARTICLES
Buyer picks up rare project on Belgravia’s Chester Square
Unmod townhouse on arguably the neighbourhood's classiest garden square sold off a £11.95mn guide.
Super-prime dealmaker Schiller joins Harding Green
Former Hamptons associate director has made the move from DDRE Global.
Dubai luxury scheme sells out on launch after 3,000-broker preview
DIFC Zabeel District’s first resi development fully sold as city's market momentum continues.
Buyer enquiries & viewings rebounded last month, says Chestertons
Major London player reports enquiries were up 96% month-on-month, though activity still trails January 2025.
Ex-Savills & JLL duo take on Winkworth franchise in north London
Seasoned operators acquire Crouch End outpost & eye expansion.