Investors and Sellers Are Preferring Property Investment Opportunities Under the Hammer

In accordance with Thebuy2let shop experts, most of the vendors are preferring to sell their homes under the hammer. They are taking this step to avoid the conventional and slow process for property investment opportunities in London property auctions through private firms. Investors are preferring to sell and buy properties in the UK because the fall of gavel indicates a faster process related to completing the process of exchanging contracts. Moreover, it offers more secure sales.  Slowly but steadily, all of the investors and buyers are realizing the advantage of completing all of the formalities related to selling or buying a house at auctions in the UK. Therefore, most of the experts are predicting increases in the numbers of buyers and investors looking forward to completing the deal under the hammer. This latest trend secured the sales of properties worth £2 million. The entire credit goes to the introduction of additional 3% surcharge for anyone owning multiple residential properties across the United Kingdom.