Hammered! Celebrations begin for property firm’s 10th anniversary

A major auctioneering service is gearing up for its 10th anniversary and 75th in-room property sale later this week.  

Auction House Scotland was established in 2013 by property investor Ross Harper as part of the wider Auction House UK franchise, which had been in operation since 2007. In the past decade Auction House Scotland has grown to be one of that country’s longest-running property auctioneers.

To date, the business has sold over 1,800 lots and held 74 in-room auctions, raising more than £119.7m for sellers.

The auction house is holding its milestone 75th in-room and live stream auction on Thursday this weekat the Radisson RED hotel in Glasgow, with 20 lots across Scotland going under the hammer with guide prices from £15,000.

The Scottish branch is one of 27 Auction House teams across the UK: combined, the company says they “form the UK’s most successful residential property auctioneer brand, selling over 3,300 lots in each of the last five years, and now delivering more than 200 auctions annually.”

Auction House Scotland’s director, Mandi Cooper, has been with the business from the beginning and says: “From flats to family homes, police boxes to pubs, castles to churches, and reservoirs to retail units, we’ve sold every type of property imaginable over the past decade.

“Although a large proportion of our lots for sale continue to be run-down, and often unique properties, we’re now seeing more homes in ready-to-move-into condition in our catalogues as more people are discovering the speed and security an auction sale can offer vs. selling via the traditional estate agency route - with exchange on the fall of the hammer and completion within the following 28 days. 

“This in turn is attracting a wider range of buyers to our auctions, including first time buyers looking to grab a bargain.”

“The use of online bidding has also evolved within our industry, particularly over the past few years following the Covid pandemic, and now enables more buyers and sellers across the UK (and the world) to bid at auction. We’re proud to be one of the few property auctioneers in the UK that operates a hybrid auction, where people can attend to bid in the room or watch via livestream on our website and bid online, by telephone or proxy. 

“This has allowed us to stand out from the crowd, and alongside our weekly National Online Auctions, truly gives our clients the greatest flexibility when it comes to buying and selling property.”