News that Auction House moved to a central London office hit the press last week. The London Auction room will be run by established and well-respected auctioneer, Andrew Binstock, who will be accompanied by his current team.
The company’s first sale is due to take place on the 8 March, at the Danubius Hotel, in Regent Park.
Auction House Director Roger Lake said, “This is a landmark move for Auction House. The brand is already acknowledged as the fourth largest auctioneer in the country and the biggest outside London. Now we can bring the same level of service to the city as we’ve successfully delivered in the regions.”
Auction House had an impressive 2010, selling over 1,000 properties (1,066) during the year, with a total value of £97m, and at a success rate of 75 per cent - well above the national average.
Andrew Binstock said, “My team and I are delighted to be joining Auction House. The company has experienced a meteoric rise over the past couple of years, gaining an enviable reputation for dynamic marketing and successful selling all over the UK. Now, as part of the Auction House network, we will be able to combine our local knowledge and regional contacts with the strength of a national brand.”
Roger Lake added, “Auction House is already the market-leading property auctioneer in Cumbria, Yorkshire, Lancashire, Cheshire, Lincolnshire, Norfolk and Pembrokeshire. Launching an office in the capital means that we will be able to compete with the specialist auctioneers that service the Greater London market and its population of around 8 million. We’re confident that in Andrew and his team we’ve found the perfect people for the job!”
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