#Auction Properties Surrey

[youngsauctions]

Auction Properties Surrey

Discover a wealth of opportunities with auction properties in Surrey. Explore a diverse range of real estate options through our auctions, offering unique investment prospects and hidden gems. Secure your next property venture in Surrey with our transparent and efficient auction process.

[english-history-trip]

Valuable works of art steeped in history are often hung in pride of place above a mantlepiece or on the walls of a grand entrance hall. But not so this 400-year-old hidden treasure, which spent decades out of sight, behind the door of a Surrey cottage, before being stumbled upon by an antiques expert during a house clearance of a late collector. 

...

Chris Kirkham, associate director at Hansons London spotted the painting while visiting the property, which was owned by a man, who has not been named, who collected paintings as a hobby. Kirkham commented that he ‘was surprised to find such a compelling portrait hidden away.’ 

He explained that the painting was likely to have been influenced by the Baroque artists Van Dyck and Reubens. Bearing the name Adriaen Verkins, possibly Dutch, the painting is dated 1626, when Charles I (1600-1649) was king of England, Scotland and Ireland. He lavished money on the arts and invited artists such as Van Dyck and Rubens to work in England.

(Note on the article: The subject of the painting is said to be a girl, and the name in the corner the artist's. However, the title reads "Adrian Verkins at age 1"; the sitter is presumably a little boy named Adrian. A quick internet search shows the grave of an Adrian Verkins in the Netherlands from 1704.)

[russellsrubbish]

Transform Your Property: The Top Choice for Debris or Junk Removal in North Surrey

Russell's Rubbish is a family-owned and operated debris removal company located in North Surrey. For years, we have been providing top-notch services for construction debris removal, estate cleanouts, and hauling junk removal in South Surrey. Our commitment to excellence and customer satisfaction has made them a trusted name in the industry.

Construction debris can quickly accumulate on a job site, creating safety hazards and slowing down the progress of the project. That's where Russell's Rubbish comes in. We offer efficient and reliable Construction Debris Removal in North Surrey services to help keep the work site clean and organized. Our team is equipped with the necessary tools and equipment to handle all types of construction debris, from wood scraps to concrete blocks. We also ensure that all materials are disposed of properly, following environmental regulations.

When it comes to Estate Cleanout in South Surrey, Russell's Rubbish understands that it can be a challenging and emotional task. We offer sensitive services to help families and individuals declutter and clean out our estates. Whether it's due to downsizing, moving, or a loved one's passing, our team will handle the process with care and respect. We can assist with sorting and categorizing items, hauling away unwanted items, and even coordinating donations or auctions for valuable items.

Hauling junk removal is another service offered by Russell's Rubbish, and it's not just limited to residential properties. We also cater to commercial properties, such as offices, retail spaces, and construction sites. Our team is trained to handle all types of junk, from furniture and appliances to electronic waste and construction materials. We will work efficiently to remove the junk and leave the space clean and clutter-free. Plus, we also offer competitive pricing, making our services affordable for both residential and commercial clients.

Customer satisfaction is at the core of Russell's Rubbish's values. Our team of professionals is friendly, reliable, and always ready to go the extra mile to ensure that our clients are satisfied with our services. We also offer flexible scheduling to accommodate our client’s needs, making the debris removal process as convenient as possible. If you are in need of construction debris removal, estate cleanouts, or Hauling Junk Removal in South Surrey, look no further than Russell's Rubbish. Our experienced team, competitive prices, and commitment to sustainability make us the top choice for debris removal in the area. Get in touch with us today to schedule our services at (604) 787-7355 and experience the difference we can make in your space. Visit us at:- www.russellsrubbish.com!

[hillwoodhouse]

Sir Winston Churchill drew considerable pleasure from the act of painting, and his compositions such as Sunset near Roehampton, reflect the artist’s joy in his craft. This work was painted whilst Churchill was staying at Templeton House in Roehampton, a property belonging to his first cousin Freddie Guest. Churchill lived there with his family from late October in 1919 until February 1920 after he had sold his previous home Lullenden Manor in Surrey and was waiting to move into his new London home. 1919 had been a year of intense political activity for Churchill who, having been appointed Secretary of State for War and Secretary of State for Air in January, was inundated with increasingly complex military negotiations under Lloyd-George’s government. Painting allowed Churchill to seek refuge from the pressures of his tenure in the War Office. Having been acquired in 1980 by the family of the present owner, it will now return to auction on Tuesday as part of our Modern British & Irish Art sale. Link in bio for more.

[doorcomma4]

Inheritance Disagreements

This can enable you to make a bank loan payment without having to obtain another charge card to spend for it. Bank card debt is the number one factor for a lot of conflicts over funds. Many charge card accounts go overdue and also the customer locates it really challenging to make the minimum month-to-month settlements since they have not been able to spending plan properly for the acquisitions they require. Borrowers often fail to pay their costs when they are encountering an emergency situation, or if they do, the financial institution or the lender is compelled to retrieve their home. In such a circumstance, the courts might give you a keep of repossession to assist you remain in your house and also assist you continue to pay your home mortgage repayments. Oftentimes, there are no real estate public auctions, and also a momentary halt in the sale of the residence. Deception regarding debts is also common among people who are late with expenses as well as have actually stopped working to pay them back.

After 15 months, Madison County sheriff and commission head to court over $5 million budget dispute - The Jackson Sun

After 15 months, Madison County sheriff and commission head to court over $5 million budget dispute.

Posted: Thu, 08 Oct 2020 07:00:00 GMT [source]

Alexandra's know-how has actually been independently recognized in the nationwide law directories following their thorough market interviews with customers, attorneys and the judiciary to provide an authoritative assessment of legal ability. bargain efficiently and also extensively with all documents which is produced throughout as well as at the end of the process. more than happy to talk with your legal representative and/or to involve them at the same time, at any type of phase, ought to you both need this. make every effort to maintain a procedure that is well balanced and also impartial throughout.

# 10 Can I Get Lawful Help?

A credit scores report, an expense payment history, and also any type of various other details regarding you can be used by credit history bureaus to evaluate your trustworthiness. The primary step is to figure out how much you owe, and also the second is to find out just how much you can afford to pay back.

family mediation service - what is crunch point mediation ">

What makes the mediation process entirely voluntary?

The mediation process is entirely voluntary and non-binding. The mediator has no power to render a decision or to force the parties to accept a settlement. Rather, the mediator's role is to assist the parties in their negotiations by identifying obstacles to settlement and developing strategies for overcoming them.

You don't require to utilize a lawyer or various other specialist when you sort out the finances-- you can simply determine between the two of you what you wish to do. Beckett Solicitors have offices in Croydon, Surrey and also in Rainham, Medway, Kent. We want you to feel comfortable talking to us as well as confident that we respect your situation as well as recognize the concerns entailed. There's an excellent mediation team called Lyons Davidson Family Mediation in Bristol, Bath, Weston-super-Mare, Trowbridge, Chepstow, Lydney as well as Stroud.

Finalists At The 2019 Household Honors.

Supplying details of any building, financial savings, shares, insurance plan, pension legal rights and other funding assets in which either of you have a passion. We are the just except profit mediation service in Greater Manchester. If you're thinking about getting divorced and also you're perplexed regarding what this might indicate for your pension plan, The Pensions Advisory Service has a free solution to examine your choices by phone. Even if they can show that possessions have been hidden, requiring your companion to launch those properties might set you back greater than the properties are worth.

Your liabilities such as fundings, bank card as well as home mortgages will certainly need to be reviewed. For single pairs intending to divide, the regulations are not as strict yet you will certainly still wish to discover contract as well as clear up amicably. Mediation is much quicker and also less expensive, economically and emotionally than Court procedures as well as enables you to stay in control of the decisions influencing your future. We might ask you to look for additional information - eg from financial advisors, home loan brokers, or pension plan specialists. You collect information of your economic information as well as bring it to the conference with supporting documents.

Monetary Arbitration

We cover, Weybridge, Addlestone, Walton-on-Thames, Esher, Hersham, Surbiton and also Kingston. If you make a decision to go ahead with mediation, after that we will organize a first joint arbitration session with you. Arbitrators work with separating pairs in ways that are versatile as well as custom-made for your scenario. You do not have to remain in the same area as your ex if you or the moderator determines that collaborating with you in different spaces would be preferable.

https://familymediationservice.org.uk/evening-and-weekend/ ='text-align:center'>

Some accountants are experts in examining whether one partner is concealing their assets or downplaying the worth of a business they have. It functions ideal if you as well as your ex-partner live near each various other or can easily reach the face-to-face conferences. It could be tough to discover a collaborative household lawyer if you live in a country area. You as well as your ex-partner each have your own collaborative household lawyer. executed a contract you have reached independently with your ex-partner. Arbitration is versatile so you can utilize it to concur some locations of your divorce or dissolution but not others.

Separation can bring major monetary challenges and it can be hard to discuss new arrangements. If you are facing court alone many people have discovered Lucy Reed's book, 'Household Court Without An Attorney' especially beneficial. So, you as well as your partner have spent hours with a conciliator fastidiously checking out different end results and choices as well as come up with an outcome which you can both live with.

Arbitrators focus on providing an open and beneficial framework of interaction for the participants, as opposed to designating blame or re-hashing old issues. If you are married and both have pensions, then these requirement to be considered in the negotiation.

What Training Do Kent Family Mediation Service Mediators Have?

[scotianostra]

Here's tae us. Wha's like us? Damn few, and they're a'deid.

On July 27th 1882 the actor Donald Crisp was born in Aberfeldy, Scotland.

Well the truth is he was born in London, a fact that surprised everyone, the Oscar-winning actor and director enjoyed a career spanning more than 50 years and 400 movies. He was, for a long time, the most famous Scot in Hollywood. Renowned for his distinctive brogue he played a wealth of Scottish characters in popular movies such as The Bonnie Brier Bush, Mary of Scotland, Lassie Come Home, Greyfriars Bobby and many more.

He was clearly a world class actor but his greatest performance was off-screen. Crisp spoke with a soft Scottish burr and maintained throughout his life to have been born in Aberfeldy where he remembered that as a boy his family was so poor they couldn’t afford sugar.

Every so often the actor, who died in 1974, would return to his “homeland” on holiday and recount his days among the hills of Perthshire.

Such was his popularity the Scottish Film Council honoured Crisp and his reported birthplace with a commemorative plaque as part of the Centenary Of Film celebrations and that was when the truth was uncovered.

Librarian Lorna Mitchell began digging into his past and discovered that far from being a Highland laddie Crisp was actually a Cockney, having been born in Bow, East London on 27 July 1882, two years later than the date in most record books. And his real name was George.

It appears the Londoner with no known Scottish connections deliberately developed a Scottish accent to help his career in the hope that it would appeal to movie moguls.

Whatever the reason for his deception Crisp is not alone in elaborating his Scottish connections.

James Robertson Justice, a big man with a voice to match, was a familiar face in British cinema of the 1950s and 1960s, especially for his portrayal as the grumpy surgeon Sir Lancelot Spratt in seven Doctor In The House comedies.

For most of a career that spanned 30 years and 87 movies Justice claimed he was born underneath a whisky distillery on the Isle of Skye. Other versions of his birth claim he was born in Wigtown.

Although he often wore the Robertson tartan proudly it appears he had no legitimate claim to the moniker. He only added it as middle name when he was in his mid-30s because he thought it sounded more Scottish.

In reality Justice was born in Lee, South London, and was brought up in Bromley, Kent.

There is no doubt he was fond of the country. He loved hunting with falcons in the Highlands, was Rector of the University of Edinburgh for two terms, and he lived on and off in the country up until his death in 1975.

Then there’s David Niven, another Londoner, but at least he served in a Scottish army regiment, The  Highland Light Infantry. 

He also played Bonnie Prince Charlie, a favourite subject on my page, especially with all you Outlander fans! 

Being Scottish is not just an old trendy thing either, more recently we had the late wrestler ‘Rowdy’ Roddy Piper. 

The kilted wrestler was a major star on the wrestling circuit and was billed as coming from Glasgow. He used to enter the ring to bagpipe music and was given the nickname ‘Rowdy’ supposedly due to his trademark ‘Scottish rage’ .Credited as being “the most gifted entertainer in the history of professional wrestling” Piper was actually from Saskatoon, Saskatchewan in Canada, although he did have Scottish ancestry.

And it’s not just the stars that have a penchant to claim to be Scottish, enter  Dr Scott Peake, at first glance he  was Scottish through and through. Born on the island of Raasay, my own ancestral homeland,  he had a soft lilting accent, spoke Gaelic, wore tartan trews and Harris Tweed jackets at every opportunity and even claimed to have represented his country internationally in the sports of shinty and cricket.

Having graduated from St Andrew’s University he was teaching classics at a leading private school when, in 2001, he was appointed director of the Saltire Society, promoting Scottish culture to the world.What should have been a crowning moment for any proud Scot turned out to be his downfall. Publicity surrounding his post revealed cracks in his story, not least the fact that nobody on the tiny island of Raasay had heard of him and neither had the governing bodies of shinty and cricket.It finally emerged that Peake was actually an ordinary lad from a council estate in Woolwich, east London. He had adopted his false background while studying at St Andrews in 1991, much to the bemusement of his English family.

Peake was forced to resign from the Saltire Society and was last heard of teaching Latin in a school in Hertfordshire. Even after being unmasked for his pretence ne continued to spin the lie that he was Scottish. When questioned he said "It's a health thing," the lilting Isles brogue still very much in evidence. "I can't talk about it because I'm mentally shot.”

Read more on this wannabe Scot here. https://www.independent.co.uk/news/uk/this-britain/goodbye-mr-fake-teacher-forced-to-quit-bedales-after-exposure-as-a-serial-fantasist-69755.html

While it may be understandable that the idea of being Scottish could bring on delusions of grandeur some people take it too far. Sometime around 1988 the soft spoken Baron of Chirnside arrived in Tomintoul and began buying up large parts of the village.The Borders aristocrat who claimed his heart belonged in the Highlands was a blessing for the 320 or so inhabitants of the small settlement in the heart of whisky country.

He paid for the police pipe band to play at the Tomintoul Highland games, which he attended in full tartan dress, and he was always happy to give generously to local causes.Over six years it is estimated that ‘Lord’ Tony Williams sunk up to £2 million into the local economy, buying businesses and doing up properties. It is said his businesses employed around 40 people in the village which has a population of around 300. 

Unfortunately, it wasn’t his money. The self-styled Laird of Tomintoul, who bought his Baronetcy at auction, turned out to be an accountant from New Malden in Surrey who had embezzled some £5 million from his employer the London Metropolitan Police rather appropriately at Scotland Yard!!!  

He was caught only after staff at the Clydesdale Bank in Tomintoul became suspicious of cheques going into the account of Lord and Lady Williams and tipped off the police. He was later jailed for seven years and was last heard of driving a bus in London.

The full sorry story is here https://www.independent.co.uk/news/uk/double-life-of-laird-at-centre-of-pounds-4m-inquiry-accountant-with-metropolitan-police-adopted-1377515.html

But, perhaps the most famous of wannabe Scots has yet to be born.

The Annet House Museum in Linlithgow already has a blue plaque on its wall celebrating the town as the birthplace of Montgomery “Scotty” Scott, even though he is not due to enter this world until 2222.

Canadian actor James Doohan, who immortalised the character in the television series Star Trek, claimed to have come up with the Scottish accent of the Starship Enterprise’s chief engineer during a pub crawl in Aberdeen.

However, fans of the show have claimed scripts from the original series suggest Scotty was (or will be) born in Linlithgow on 28 June, 2222 – and that’s enough for the town which is already cashing in on the Trekkie tourist trail with a plaque to commemorate the occasion. 

So beware, sometimes all is not what it seems, you never know I might also be a wannabe Scot living in middle England and fooling you all of my Scottish credentials!  ;)  

[newhousesrental]

Opt for Professional Solicitor for Rental Properties & Selling Estate Services

Reputable firms promote their online portals by providing the feature of hiring real estate agent to sell my home in Balwyn that helps connecting to lawyers in the locality. Further, expert lawyers help to prepare detailed legal documentation for evidence and future reference purposes.

Why is it Important to Hire an Expert Attorney for Legal Proceeding?

According to verified portals, rental properties in Surrey Hills refers to estate that are purchased by investors and provided to tenants on lease or other agreement criteria. Skilled lawyers offer their services for both domestic and commercial lands depending on client’s requirements and available space within. Further, they also stated that the technique of hiring would help to save time and revenue as well as limit unnecessary expenditure.

Professionals are knowledgeable enough to advice clients over their concerns and guide them to select appropriate housing or space suitable according to their requirements. Moreover, they also offer their assistance to educate them on benefits and perks they could utilise throughout their stay such as additional amenities.

Reputable firms offer budget friendly packages without compromising on standard of services and appreciation of the estate. Further, they highly recommend hiring spaces as it provides financial flexibility and clients could avoid paying property and add-on maintenance taxes.

Benefits of Hiring Professional Solicitors for Legal Matters:

Established firms offer their services for buying, selling, rentals, buyer advocacy and owners corporation disputes. In-addition, they also offer their services for stamp duty suitable according to residential properties and client’s budget.

Experts offer their services for selling property through auction or private sales by providing inspection, brochures and floor plans.

Further, they also offer their assistance to prepare legal documentation and record statement of both the parties for future reference.

One should schedule an appointment with the best firm if they are looking for professional solicitor.

Source

[youngsauctions]

Auction Properties Surrey

Explore a diverse range of auction properties in Surrey. Discover investment opportunities and unique homes through our curated list of Surrey auction properties. Bid with confidence and secure your next property at auction in this sought-after county.

[crazyflyingspip]

Check out a rambling family farmhouse revamped on a tight budget

When this young family were starting to outgrow their cottage and were in need more space they were surprised to find that the solution was close at hand.

By swapping their small cottage for a larger farmhouse on the same farm where they lived, they gained much more space with all the familiar surroundings they loved.

Tour more beautiful properties – visit our real homes channel 

The number one priority was to turn this old farmhouse into a modern family home without changing its character. The house needed new central heating and rewiring throughout. Also it was a warren of tiny rooms, which made it very dark, partly due to the fact that it’s set into a hillside.

To help give it a more open feel the owners knocked down a wall between the living room and kitchen, creating a large sociable family space.

Living room

Image credit: Georgia Burns

Everything has been done on a budget in this houses including much much of the furniture and accessories in the sitting room sourced from charity and antiques shops, car boot sales, and online auctions.

A lot of the items hace been repainted adn upcycled by the owner. ‘I love transforming what might have started out as a piece of junk into something quite pleasing. It’s about giving things a new lease of life – which, I guess, is what we’ve done with this house.’

Kitchen

Image credit: Georgia Burns

The most considered alteration was that of the kitchen, which was given an overhaul five years ago. The enormous stone fireplace is not just a beautiful feature, it has been the heart of this house since it was built, so it made senses to construct the new kitchen around that.

‘I often think of my grandmother with her range in the middle, bread oven in one alcove and a big copper washing pot in the other,’ says the owner.

Dining room and snug

Image credit: Georgia Burns

The favourite space for this owner is the snug just off the dining area. This is known as the “vinyl corner” – the perfect corner for playing old records in peace,’ she says. The dining table is a potting bench that was cleaned up and repainted for this space.

Family room

Image credit: Georgia Burns

Among the many improvements that have been made,were the removal of features such as the 1970s fireplaces. In the family room, an inglenook was built with woodburner, which turned it into a lovely cocooned space.

Being naturally dark, the deeper tones make it feel more cosy and help to achieve the masculine feel with soft touches, that the owner wanted to create.

Master bedroom

Image credit: Georgia Burns

Upstairs, two box rooms and a toilet were reconfigured to become a master bedroom with en suite. A lustrous wall covering brings a subtle touch of glamour which is highlighted by the inlaid mother-of-pearl bedside table and toning soft furnishings.

Guest bedroom

Having a fashion design background, the owner enjoyed setting herself the challenge of theming the guest bedrooms with the larger one having what she describes as a ‘French country house feel’.

The other room is in stark contrast with dark and moody floral mural and brightly coloured chandelier adding huge impact.

Barbecue area

The latest addition is the family’s own take on a loggia, complete with rattan furniture and woodburning pizza oven. ‘I love being outdoors and this room has the best sunset views as it’s west facing,’ she says.

Summerhouse

Image credit: Georgie Burns

Ready for another? Enjoy an ambitious New England-style transformation of a home in the Surrey Hills 

Layers of cushions and throws, including hides, make this outdoor room the ideal spot to cosy up in when it gets chilly at night. Like the main house, it is relaxed yet stylish.

The post Check out a rambling family farmhouse revamped on a tight budget appeared first on Ideal Home.

from Ideal Home https://ift.tt/30FQklp

[scarlettsabetlondongirl]

Wow shouldn’t this be in a Museum?

Selling here at Auction in Surrey, UK  October 5, 2017.

Starting Bid

£400.00

John Bonham, English musician & drummer for the rock band Led Zeppelin, a large wooden touring drum box with stamped name & address on both sides, also an airline sticker for travel into Ireland, inside contains some drum supports, 39 height x 50 length x 21 depth (inches)

Provenance: The vendor Peter Blick worked with his Dad for John Bonham renovating properties in the mid/late 1970's.

John Bonham purchased a new drum box & Peter was given the box by John Bonham whilst working at Old Hyde Farm.

The vendor appears in the video for Song Remains the Same sitting at the bar while they are playing snooker at The Conservative Club in Studley & is mentioned in publications.

[howardmackenzie75]

Surrey property and land being auctioned in July that could prove an absolute bargain

Property auctions are being held on 132 lots in the South East and South West in July from Surrey Live - Surrey News https://www.getsurrey.co.uk/news/property-news/surrey-property-land-being-auctioned-18593608

[bestadviceuk]

Together salvages renovation with short-term loan

Together salvages renovation with short-term loan

Together has saved a renovation project after completing a £135,800 short-term loan in five working days.

The customer, a Surrey-based property professional, had bought a large converted house at an auction in Derby. He planned to use his own money to refurbish the building and rent it out to tenants. The finance had been agreed with another mortgage lender.

However, the original lender then told…

[netunleashed-blog]

Inside Ruth Langsford and Eamonn Holmes' £3.25million Surrey mansion: From the stunning kitchen to THAT man cave

http://www.internetunleashed.co.uk/?p=28657 Inside Ruth Langsford and Eamonn Holmes' £3.25million Surrey mansion: From the stunning kitchen to THAT man cave - http://www.internetunleashed.co.uk/?p=28657 Ruth Langsford and Eamonn Holmes have given fans a behind-the-scenes peek at their stunning Surrey mansion, from the chef's kitchen to Eamonn's secret man cave. The This Morning couple's mock-Georgian mansion lies in the leafy town of Weybridge, and features everything you'd expect from a multi-million pound pad. Boasting six bedrooms and sprawling gardens, the home comes equipped with a specialist kitchen for keen cook Ruth. With four state-of-the-art ovens and a designer finish, it's the perfect place to rustle up the sumptuous feasts she likes to serve at their regular parties. Read More It boasts a kitchen fit for a chef (Image: Instagram) Which is good news for keen cook Ruth (Image: Instagram) She hosts regular dinner parties (Image: Instagram) Read More Inside celebrity homes... And with a massive dining table that seats 10, there's more than enough room for guests. While Ruth has her space, Eamonn has also made sure he's got his own retreat in the form of a Manchester United-themed man cave. Featuring a bright red floor and a slew of memorabilia, the season-ticket holder's room is home to his most prized possession - the Manchester United Opus. Read More Eammon has a Manchester United-themed man cave (Image: Instagram) The property has swathes of manicured gardens (Image: Instagram) The lounge features an over-sized sofa (Image: Instagram) "I've also spent some cash on memorabilia, mostly picked up at auctions. The most expensive single item is the Manchester United Opus," he told the Daily Mail. "It's a huge book about the size of a table tennis table and it cost £7,500 for the limited edition version signed by some Old Trafford legends. "We've had to have a glass table constructed to hold the thing. It takes up most of the room." Ruth turned the garage into a gym (Image: Instagram) Maggie lives the life of riley (Image: Instagram) Two fires! (Image: Instagram) Of course, their border collie cross, Maggie, is also kept in style, with a dog bed positioned right in front of the fire. And after landing a gig on Strictly Come Dancing, Ruth has turned the garage into a gym. The couple live at the house with their son Jack, 11, and put it on the market last year. Source link

[rebeccahpedersen]

Is The Grass Greener Down Under?

TorontoRealtyBlog

After seeing a multitude of freehold homes with “offer dates” set for next week end up selling via bully offer this past weekend, a few of my clients have expressed frustration with our system of selling properties, or lack thereof.

Once again, I was asked about the concept a true auction format here in Toronto.

I’ve written about this many times before, but as I’m sure the posts are buried somewhere in the TRB archives, let’s take a look at what happened in Australia this past weekend on something they call “Super Saturday.”

I’ve never been to Australia, and while there are literally thousands of places about which a person might quip, “I’d love to go there,” Australia is one that is near the top of my list.

Venice?  Meh.

Rome?  Enh.

Paris?  Maybe.  But is their tower really better than our tower?

I’ve been a few places of interest.

I climbed to the top of Mount Kilimanjaro in Africa.  I’ve been to base camp at Mount Everest in Nepal/Tibet.

But when push comes to shove, I’d honestly rather rest at our family’s modest vacation home in Idaho than see the sites in Germany, Argentina, or Greece.

Perhaps that makes me boring.  A little lazy even.

But for some reason, if I were to plan a true “trip,” as opposed to my prefered Idahoian “vacation,” I think Australia would be an awesome place to explore.

Call me crazy, but I feel a connection to Australia, as I do with the United Kingdom, because they’re part of the Commonwealth.  I know that’s bizarre, and that the Commonwealth isn’t really a “thing” anymore, or at least not of any importance.  But I feel as though the Brits and the Aussies are like us in many ways, and perhaps it all stems from the same origin.

I also had a huge crush on Poppy Montgomery back when “Without A Trace” was a hit show.  Maybe that factors into my soft spot for Australia…

There are over 200 countries in the world, and when I look outside of our borders to see how other people live, breathe, and work, I often find myself looking at the United Kingdom and Australia first, and strangely, that’s before I look at our neighbours to the south.  We’re just in really different places right now, although that’s a topic for another day.

So when I look at international real estate, steering clear of the click-bait in the Monaco’s of the world, of course, I look at the UK and Australia for comparisons.

If you haven’t heard about how real estate is sold in England, you’d better catch up – fast!

In 2015, I wrote an article on TRB called: “Gazumped!”

Perhaps not the most search-engine-friendly title, but the article went on to explain what exactly “gazumping” is, and how it wreaks havoc in the UK’s real estate market.

Read the article if you have time, but perhaps a quick example is warranted.

If I sell a house tonight to buyers for $1,450,000, with a May 31st closing date, then they would provide a deposit cheque – say $75,000, and that cheque would be held in trust as “consideration” for the transaction, up until the closing date, and the balance would be paid to the seller on that date.  The deal is “firm,” and thus neither buyer or seller can change his or her mind, and/or get out of the transaction, short of some sort of fraudulent misrepresentation or act of God.

Now let’s say on May 29th, a would-be buyer for the home says, “Damn, I can’t believe I missed that house!  I wasn’t in the market back in March when the house first sold!”

What if that buyer could offer $1,451,000, and somehow steal the property from the buyer who had contracted to purchase it two months earlier?

GAZUMPED!

True story, no exaggeration.

And that is how the British real estate market works.

The entire market is a set of dominoes.  One person gets gazumped, and it sets off a chain reaction of buyers and sellers, trying to get in or out of other deals.

Oh, and it bears mentioning that in England, they only have multiple representation!

That’s right.  Here in Ontario, we’ve heard rumblings about potentially doing away with multiple representation and/or dual agency.  But in the UK market, you MUST buy your home through the listing brokerage via multiple representation.

I suppose any system, in any country, is going to have its pros and cons, right?

As I said at the onset, many people in Toronto are frustrated with the current “system,” if you could call it that.

The bully offers taking down properties on Saturday night at 11pm are not ideal for buyers.

And what do we make of houses listed for $999,900, sitting on the market for 14 days, where the seller won’t actually entertain anything under $1,200,000?  Isn’t that false advertising?

In times like this, buyers look outside our system to see how other people are doing it, and as the saying goes, the grass is often greener on the other side.

The UK model doesn’t work, so let’s not even go there.

But the argument often goes toward the Australian “model,” whereby houses are sold via auction.

Auctions aren’t unique to Australia, by the way.  HERE is a 2013 blog post I wrote about an auction for a house in Victor, Idaho, but the auction comes with more catches than Kevin Pillar…

But when the words “real estate” and “auction” are strung together, people get warm and fuzzy like the koala bears that Australians keep as pets.

First and foremost, have a look at this website:

https://www.realestate.com.au/auction-results/nsw

We here in Toronto are waiting for TREB to allow us to publish sold data, and in Australia, you have a site like this one which publishes the results of all the auctions in the country.

That link goes to the results for Sydney & New South Wales, but you can click on the other areas below.

“Super Saturday” in Australia refers to a date when a slew of properties are up for auction, and presumably, sell.

Posted on Sunday morning are the “clearance rates” for all the properties available at auction, like the following:

Now what does this terminology mean?

“Sold prior to auction” obviously refers to properties that were listed for sale, whereby the seller was provided with an offer, or offers, and decided to forego the auction.

“Sold at auction” needs no explanation, but keep in mind that these auctions come with a reserve price, so the bidding must meet or exceed that price for the property to sell.

“Sold after auction” refers to properties that either didn’t get bids, or did, but were “passed in,” and a deal was worked out.

“Withdrawn” refers to properties taken off the market by the seller.

“Passed in” is where things get interesting.  This is where a property receives bids, but the high bid at the end of the auction fails to meet the seller’s reserve price.  The property is then “passed in” to negotiations between the seller and the high bidder, overseen by an agent.

The “Clearance Rate” above is the sum of all the properties sold, withdrawn, or passed in.  Only properties remaining on the market for sale are “not cleared.”

The acceptable Clearance Rate varies by area, and of course, current market conditions.

By way of comparison, Australian Capital Territory (ACT) had  a 74% clearance rate last weekend, but Western Australia had only a 29% clearance rate.

Another two very important statistics would be:

1) Percentage of Properties Sold at Auction 2) Percentage of Properties Passed In

The entire goal of an auction is to sell properties at that auction.

Sure, properties sold both before and after the auction are important as well, and perhaps you could add those to the “sold at auction” for a total sales number.  But if the idea behind the auction is to sell properties with a gavel, then I like the “sold at auction” number.

Secondly, the percentage of properties “passed in” is tremendously important.  This is a good measure of whether buyers are willing to meet sellers’ expectations.

A further useful statistic would be the percentage of passed-in properties that end up sold, but I’m guessing that data isn’t available.  This would also help provide insight into the market, specifically whether or not sellers, and their unmet expectations, become more reasonable.

So let’s look at the above stats for Sydney and New South Wales.

Their “Clearance Rate” is 74%, but is that really important to us, or is that just the auction house making up a number?  Considering that they’re “clearning” properties that are withdrawn, I don’t think it’s something to brag about, so I’d rather come up with my own analysis.

233 of the 1,602 properties sold prior to auction, so that leaves 1,369 that went to auction.

529 of 1,369 properties were sold at auction.  That’s 38.6%.

291 of 1,369 properties were passed in.  That’s 21.3%.

So roughly 60% of properties are getting significant action.

But what do you make of the fact that 21.3% properties – one in five, results in a final bid price that’s below the seller’s reserve price?

Again, we don’t really know how to evaluate that number, so let’s see how Sydney & NSW compares to Victoria:

The clearance rate is 2% higher, so we’re working within the same band.

199 of the 2,202 properties sold prior to auction, so that leaves 2,003 that went to auction.

977 of 2,003 properties were sold at auction.  That’s 48.8%.

550 of 2,003 properties were passed in.  That’s 27.5%.

Roughly 76% of properties in Victoria are getting significant action, and across the board, the numbers are higher.

And when it comes to those properties withdrawn – only 1.5% of the 2,202 came off the market, compared to 8.3% in Sydney & New South Wales.

I figure you’d have to analyze data for every area in the country to draw conclusions on what are percentages of sales at auction, properties withdrawn, and properties passed-in are “acceptable.”

Now as for the website itself – http://www.realestate.com.au, you can scroll down and see every property and its corresponding status, sorted by suburb.

And you even know the result for each property.  Which sold at auction, which was withdrawn, which sold before or after the auction, and which was passed-in.  So as a buyer, you know which properties are tied up, which are gone for good, and which might come back into play.

As for the auction itself, well, this is where things get VERY interesting.

Auctions are conducted in person, in front of the house, and the streets throughout the country look like this on Saturday:

We could spend a whole week’s worth of blog posts looking at how to bid, what happens before and after the auction, qualifications, etc.

And logistics is another topic altogether.

But let’s consider that auctions are not exactly government-mandated in Australia, but rather they’re borne out of desire.  The market participants are accustomed to it, and take it as given, just as the British accept “gazumping” as an every-day part of their market, and as we here in Toronto accept bully offers.

I’m sure if time was infinite, we could all sit down and figure out how to take the best parts of all three “systems,” and perhaps a few others, and put together a structure that would work best for all here in Toronto.

But you know what?

Even then, there would be those opposed.

Call it pessimistic, but you can’t call it untrue: the grass is ALWAYS greener on the other side…

The post Is The Grass Greener Down Under? appeared first on Toronto Real Estate Property Sales & Investments | Toronto Realty Blog by David Fleming.

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[squashsquaredopen]

Champagne Reception Thanks Tournament Supporters

by David Hurst

A champagne reception was held at the Wimbledon Club on Quarter Finals Night of the third annual Squash Squared Tournament. The event aimed to thank all those who have helped to run the club tournament year on year, both in its growing prize fund (now standing at an impressive $35,000) and in its appeal to the world’s top squash players.

The 2018 entry list is incredibly strong with fifteen players in the world’s top 50 and five within the world’s top 30.  Some are fist timers and others are returning popular faces such as the tournament’s inaugural winner and former world number 1, James Willstrop.  At a local level, four players who represent The Wimbledon Club in the Surrey Cup squash league are in the draw, namely Rob Downer, Jamie Haycocks, Hasnat Farooqi and Tom Walsh.  

Funds from the tournament and auction again go to help grow the club’s charity for deserving children, Squash Squared, with 80 pupils from local primary schools attending weekly coaching sessions enusuring our squash reaches the masses at grass roots level.

Guest of Honour and CEO of the Professional Squash Association, Alex Gough, welcomed guests and paid tribute to all the tournament organisers, especially the Director of Squash at the Wimbledon Club, Stacey Ross and Assistant Squash Professional, Emma Mathews.

Stacey Ross replied by thanking all the players who have supported the past three tournaments and especially this year’s generous sponsors, London property developers and agents, Strawberry Developments, Tooting based estate agents, Mercer Taylor, and financial research company, Pelham Smithers Associates located in the City of London.

The semi-final matches to be played this evening are between England’s Tom Richards seeded 7 and the unseeded German, Raphael Kandry, and from France, Mathieu Castagnet, and number two seed and 2016 tournament winner, James Willstrop.

[zanystarlightcreator-blog]

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