Lenders driving auctions

Liverpool EchoJune 11, 2009

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Summary


LIVERPOOL estate agents Whitegates believe repossessions will remain the driving force of the auction room for at least the next 12 months after statistics revealed that house prices rose by 1.2% in May.

Director Debbie Taylor said that although the recent findings were positive for the property industry, there would still be an influx in the number of repossessions bought and sold at auction.

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Lenders driving auctions

A total of 12,800 pro...

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