Auctions in a Brexit Climate

Property auctions provide the UK property market with an unparalleled snapshot of what is selling in today's market and what is not.

The latest data makes gloomy reading with volumes down by about a quarter compared with a year ago as political uncertainty surrounding Brexit continued to spook investors.

But how can auctioneers get the prices right in a falling market? Is now the best time to get auction finance? Is there a North South divide for auctions? Can auctioneers use big data able to buck the market?

In this EG Property Podcast, George Walker, partner and auctioneer at Allsop, Oliver Childs, head of commercial auctions at BidX1, Daniel Owen-Parr, head of professional sector and auction at Together Money and Max Mason, associate director at 574, discuss how the market will perform as the country prepares to leave the EU.