January is not a busy month for UK property auctions but there are some around the UK if you search. We\’ve located property auctions in London and in other major UK cities for you.

Property for sale “By Order of Mortgagees” will become more and more prevalent in UK property auction houses and auction catalogs as the UK housing market becomes more uncertain. By order of the Mortgagee is another term used to denote a property that has been repossessed.

Strong tenant demand could mean more people looking for buy to let mortgages in the new year. According to the latest figures contained within Paragon Mortgages Buy-to-Let index, the annual return on buy to let property over the past 12 months is as high as 25.1% in some places.

Last chance til February to bag a bargain property at an auction for this year. If you are looking for an [tag]investment property[/tag] or to purchase your own home, [tag]property auction[/tag]s can offer the opportunity to by a property at less than the price you see in your local estate agents. Remember the deposit An important aspect of [tag]buying property at auction[/tag] is that you should and need to do your own research. It is not enough to turn up on the day and bid. You will need to have a deposit of at least 10% of the final purchase…

If you’re looking for your next [tag]investment property[/tag], the following [tag]UK property auction[/tag]s are coming up during this month. Auctions are a great place to find property bargins but they also present a very different way to buying property than is common when dealing with Estate Agents.

Today, Britain’s second largest property company British Land posted a pre-tax loss of £35 million in the six months to September, down from a profit of £670 million in the same period last year. Meanwhile Bank of England boss, Mervyn King has said that property prices are falling and [tag]mortgage rates[/tag] are rising. We have a situation building where households are coming off fixed rate mortgages after 2-3 years and finding mortgage payments rising at rates that could trigger increases in arrears and defaults. Does this mean that we are in for a rough time over the next 12 months?

There’s plenty to choose from in this months [tag]property auctions[/tag] so take a look at the lots and pay particular attention to the vendor information.The [tag]Halifax auction[/tag] should have some good lots, and interesting to note the number of lots marked SOLD or withdrawn in the [tag]Strettons[/tag] sale. Just speculation on my part, but could it be that vendors are more prone to offers at this time?