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.
What to read next
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
Luxury brokerage declares £1.3bn in H1 sales
Overseas buyers accounted for 52% of the UK agency's deals, while new instructions topped £2.3bn.
Knight Frank brings in ex-CBRE director for new board-level role
Agency appoints Mike Knowles as Head of Lettings Business Development as part of wider lettings restructure.
Cluttons appoints top market analyst to lead resi business
Well-known research chief and former journalist steps up to lead major agency's residential division.
Art Deco gem in Notting Hill sells in off-market deal
'Landmark' £16mn residence was once owned by legendary soul singer Dusty Springfield.
Financial Times: Is Rightmove taking us for a ride?
Influential journalist Jonathan Guthrie investigates the property portal's dominance, fees & standing in the industry.
By PrimeResi
UK Sotheby’s launches US buyer advisory
Veteran broker Jim Bell joins the Mayfair-based firm to help wealthy Americans navigate the UK's prime resi market.
In Pictures: Grosvenor Square emerges from £25mn redesign
Mayfair's historic public gardens to re-open after a significant revamp.
By PrimeResi
Lucian Cook: Tax speculation returns but all of the complexities remain
Despite much chatter, 'the matter of whether [Andy Burnham] would pursue a substantial overhaul of property taxation remains one of conjecture,' counsels the Savills research chief.
By Lucian Cook
Major agency reports ‘more uneven’ trading as uncertainty weighs on confidence
Winkworth says H1 sales remained resilient while lettings were largely unaffected by the Renters' Rights Act.
By PrimeResi
Rare St George’s Hill plot goes for record sum
Agents seal off-market deal for unconsented site after three-year pursuit.
LATEST ARTICLES
‘Streamlined’ draft London Plan targets housebuilding & climate resilience
35% affordable homes fast-track threshold returns for over a third of boroughs.
By PrimeResi
RIBA Stirling Prize 2026: The shortlist in pictures
A 'restrained' family home near London has made the coveted architecture award shortlist, alongside striking infrastructure, housing and education projects.
By PrimeResi
Damac launches final phase of ‘world’s first football-branded residences’
Chelsea FC-branded towers in Dubai feature a rooftop football pitch and a blue-sand beach.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Maybourne picks marketing agency for branded resi drive
London-based firm lands hotelier's global brief.