SDL Auctions: Property auctions will go ahead behind closed doors

SDL Auctions: Property auctions will go ahead behind closed doors


Todays other news
Terraced houses is best for buy-to-let returns in London....
The research data comes from a Direct Line study...
In some cities, 16% of properties for sale are under...
How to select the right projects and the best craftspeople...


Despite the growing Covid-19 pandemic creating a number of challenges and logistical issues for auction houses, the team at SDL Auctions have become the latest to hold their property auctions remotely to provide security and certainty to buyers.

Following the government’s advice to limit social contact, the three March auctions that were scheduled to take place in Birmingham, Derby and Leicester will go ahead behind closed doors, with several remote bidding options available to buyers.

Andrew Parker, managing director and auctioneer at SDL Auctions, comments: “We have not taken this decision lightly but the safety and health of our customers, partners and staff are our primary focus and we felt this was the most appropriate course of action in these unprecedented times.”

Interested buyers can submit a telephone, proxy or internet bid request here, or they could simply watch and listen to Parker conducting the auction in real-time by clicking the ‘watch auction live’ link on the website.

“We are very fortunate that we already use all of this technology for each and every auction and our remote bidding service is already used by many of our regular buyers,” says Parker. “Our auctions are already filmed for our live video feed and we take multiple remote bids each auction day. In fact, last year we sold in excess of £80m of property online.”

He says the entire team is able to work remotely and can continue to provide customers and partners with the level of service they expect from SDL.

“The only difference is that our usual auction venues will be closed to visitors and all bids will be taken remotely,” he explains. “As we have been taking remote bids from buyers for many years, we are confident that the auctions will run smoothly, albeit a little more quietly.”

“In times of uncertainty we’re pleased to be able to offer our customers certainty and security in their property sales and purchases and would like to thank them for their continued support and understanding. Our thoughts are with all those affected by coronavirus in the UK and around the world.”

SDL Auctions will hold online property auctions on the following dates and times:

Further updates will be issued via the website and social media channels. Customers can also call the team on 0800 304 7879.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Property Investor Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
A group claims prospective sellers will need to have their...
Unusual commercial lots under the hammer next week...
As the Chancellor remains tight-lipped about tax changes in the...
The Budget has forced a revision of forecasts for the...
There’s a warning that over 130,000 commercial properties are ‘at...
The Budget next week could spell financial shock for investors,...
Recommended for you
Latest Features
Terraced houses is best for buy-to-let returns in London....
The research data comes from a Direct Line study...
Sponsored Content
Are you concerned about rising interest rates and their potential...
In the ever-evolving landscape of property investment, staying ahead of...
Property investors, This one's for you. Lendlord's latest Deal Analyser...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here