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'By the way think the site is great and have been to quite a few auctions St Albans, Watford & Bedford. I am making a nice little second income, but certainly not retiring, am going to take a week off work to check out the midweek sales to see if goods are any cheaper at these.

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Welcome to The FREE, Hot Property Investor Newsletter

This Week:

Property Auctions This Week
Land registry wins top awards and announces another record-busting year
More affordable housing in Highlands and Islands
£10.6million to improve beautiful countryside
Glasgow to bid for super casino
Positive Club

Back to Government Auctions Newsletter Page Back to archive
 

Hi, PLEASE NOTE THAT THIS INFORMATION APPEARS IN THE NEWS SECTION AT THE MEMBERS' AREA AT HOT PROPERTY INVESTOR AS SOON AS WE RECEIVE IT. FULL DETAILS ABOUT EACH AUCTIONEEER CAN BE FOUND AT THE SITE.

The HPI Newsletter is our regular FREE bulletin designed to keep you updated with news, latest sales, auction results and general pieces of interesting property information that have occurred throughout the week. This is a supplement to information contained in the main Hot Property Investor Database and is an additional service. Please Read On...


Warning - Do Not Buy Property at Auction Until You Have Read This:
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Everything, but everything you Need to know about buying property at Auctions (& saving £1,000‚s)

Do you know that once the hammer goes down the property is legally yours and there is no going back?

If you are the successful bidder,
you are legally obliged to go through with the sale. In the eyes of the law an exchange of contract occurs upon the drop of the auctioneer's hammer. Have your finance ready.

If you need to raise a mortgage it is important that you obtain approval in principal before the auction day. Properties sold at auction are not sold Subject to finance, it is assumed that you will be able to raise the funds for your bid.

A deposit is required on the auction day which is usually 10% of the purchase price, the remaining 90% is usually payable 28 days later. You will need to discuss this time scale with your lender to ensure that this will not be a problem. Click Here for Information on Obtaining a Surveyor's Report (recommended) ˆ find out more subscribe to Hot Property Investor now.

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Public Sales

More information and full contact details for all the following sales are available in the database - just type in the name of the auctioneer of your choice into the search facility. If you are a member of GAUK please note that the following information is available in the news section as soon as we get it

Bradleys Estate Agents, South West

Collective Property Auction
28th September
- Hotel Barcelona, Exeter - 2pm

Auction list available on line now www.bradleys-estate-agents.co.uk

For further details please contact

Bradleys Auction Department
Main Road, Exminster, Devon, EX6 8BR
Telephone : 01392 833411
Fax : 01392 833477

Email: auctions@beagroup.co.uk

Jordan Auctions, Co.Kildare,Ireland.
http://www.jordan-auctioneers.ie

26th September, 2005.

Mixed property auction @ 3.00pm In Keadeen Hotel Newbridge

Details on line now. Contact auctioneer to ensure properties are not sold prior to auction

Mr. Patrick Jordan,from Jordan Town & Country . (14 Edward Street, Newbridge)

Contact number: (045) 433550 info@jordan-auctioneers.ie

Very exciting auction on Thursday 6th October @ 3.00pm In Keadeen Hotel, Newbridge (unless previously sold)

McHugh & Co.
Property Auction on 26th September 2005 to be held at The Danubius Hotel Regents Park, 18 Lodge Road, St Johns Wood, London NW8 7JT.
Auction Starting at 2:00 pm
http://www.mchughandco.com

Miller Metcalf
29th September, 2005
Property Auction To be held at:
The David Lloyd Club, Chorley Street,
Bolton BL1 4AL commencing 2pm prompt
Enquiries prior to auction 01204 525252
Full catalogue available on line nearer date
e.mail estateagents@millermetcalfe.co.uk
http://www.millermetcalfe.co.uk

Halls
Wednesday, 14th September, 2005
Land & Property Auction to be held at
The Gainsborough House Hotel, Bewdley Hill, Kidderminster at 6.00 p.m.
e.mail Kidderminster@hallsestateagents.co.uk
http://www.hallsestateagents.co.uk

 

FULL LIST OF HUNDREDS OF AUCTIONS ACROSS THE UK AVAILABLE AT THE HOT PROPERTY SITE WE ADVISE YOU TO CONFIRM ABOVE DETAILS WITH AUCTIONEER BEFORE TRAVELLING


News

Land registry wins top awards and announces another record-busting year

Land Registry is delighted to announce that it has just won two prestigious IT awards.

Land Register Online <http://www.landregisteronline.gov.uk/> , its first electronic service for the general public, has received a 2005 WebAward from the Web Marketing Association for outstanding achievement in website development.

And for the second time, Land Registry is the Grand Prize award winner in the Winter Corporation‚s 2005 Top Ten Programme for Database Size, Transaction Processing Systems.

John Wright, Land Registry's recently appointed Director of Information Systems, said:

'To again be identified as the world's largest online transaction processing database recognises the key role Land Registry plays in underpinning the economy by guaranteeing the ownership of trillions of pounds worth of property in England and Wales.

'Land Registry today (13 September) also published its Annual Report and Accounts for 2004-05. The report shows that during the past year:
a record number of applications were received and processed
a fifth Charter Mark was awarded
the Land Register Online full service was launched
e-conveyancing was brought one step nearer as the e-lodgement pilot project went live
significant progress was made in completing the Land Register for England and Wales.
Introducing the report, Peter Collis, CB, Hon RICS, Chief Land Registrar and Chief Executive, said:

"For Land Registry, 2004ˆ05 was a year of two quite distinct halves. The first half of the year saw a continuation of the strong growth we had seen in previous years. But, after the summer, we saw the amount of work coming in to us fall away, seriously threatening our ability to achieve our cost per unit target.

"Our response was to step up our efforts to encourage voluntary registration work; to ensure that every application already lodged with us was actioned; and to cut back on any uncommitted or inessential expenditure. These efforts were successful ˆ indeed so successful that, in the event, 2004ˆ05 was another record-busting year. Overall, we handled two per cent more work than in 2003ˆ04, faster than ever before, and we reduced our stocks of outstanding cases to the lowest level since we began counting them.

"We launched Land Register Online, our first electronic service aimed at the general public. We established our direct electronic discharge of mortgages service, whereby the lender‚s computer automatically notifies our computer when a mortgage has been paid off and the charge can be released. We completed the scanning of all those historic documents that are referred to on the Land Register, and we launched a pilot whereby practitioners can electronically lodge certain applications with us via our Land Registry Direct service.

"Ninety-eight point five per cent of our customers said they were satisfied or very satisfied with our services and 80 per cent thought we were better or much better than private sector firms they deal with. We received further endorsement of the quality of our services when we were awarded the Charter Mark for a record fifth time."

New Rules Approved to Make Leases Simpler

A major change in the way Land Registry processes applications for the registration of leases has been approved. The Land Registration (Amendment) (No 2) Rules 2005 were laid before Parliament in July and come into force in 2006.

Prescribed clauses are a set of standard details, which must appear at the beginning of any lease out of a registered estate for more than seven years (with certain limited exceptions). The prescribed clauses contain all information necessary for Land Registry to complete registration of the lease.

The clauses can be easily completed by either setting out the necessary information or cross-referring to the relevant parts of the document. This change will quicken and simplify the registration process, and result in a more accurate and complete title register.

Joe Timothy, Director of Legal Services for Land Registry said:

"We hope that this will assist customers drawing up a lease by acting as a reminder of those aspects of a lease that can form part of the register. Land Registry is continually striving to make the property market simpler and easier for all and the new Rules move our mission one step forward.

"Land Registry will accept applications using the new clauses from 9 January 2006. However, their use is only compulsory for leases granted on or after 19 June 2006.

A full set of the new Rules can be found at: www.landregistry.gov.uk//legislation/lract2002/rules/ <http://uk.f866.mail.yahoo.com/legislation/lract2002/rules/>

More domestic wind turbines expected as homes become greener

Ministers have announced changes to the Building Regulations for new dwellings which should boost the use of solar panels and other "low and zero carbon" (LZC) technologies such as domestic-scale wind turbines, heat pumps and wood pellet stoves.

The changes, covering ventilation and fuel conservation, will come into force next April, two years earlier than originally planned and are expected to save around one million tonnes of carbon per year by the end of the decade.

At the same time the government has launched a wide-ranging review of how to improve the energy efficiency standards of existing buildings, a move partly dictated by the need to meet the requirements of new European Union legislation.

The revisions to the Building Regulations, which kick-in next year, will set maximum carbon dioxide emissions for whole buildings. The government has pointed out that this performance-based approach will offer designers the "flexibility" to choose solutions that best suit their needs and are cost-effective and practical.

Although the new rules are not prescriptive about how the revised standards will be met the government has stressed that the new regime should provide a strong incentive to consider LZC systems.

The Office of the Deputy Prime Minister has published an interim guide to these technologies on its website.

Housing and planning minister Yvette Cooper said: "We are driving up standards for new homes so that housing can do its bit to combat climate change. These new standards are good news for consumers‚ energy bills and for the environment too".

See full details of the report here

http://www.odpm.gov.uk/stellent/groups/odpm_buildreg/documents/page/odpm_breg_040269.hcsp

Modern architecture winning battle for public approval

The government‚s design advisers have claimed that the public has become more enthusiastic about ground-breaking modern buildings.

That claim has been made by architect John Sorrel, chair of the Commission for Architecture & the Built Environment, when he launched the organisation‚s latest annual report.

"The public appetite for exciting contemporary architecture is growing "insisted Sorrell, although he warned against complacency.

"We can all think of buildings, even prize-winning buildings that appear to take little account off the fact that architecture serves an end rather than itself," he added.

During 2004/05 CABE design review panel examined almost 500 schemes covering 175 local authority areas. Over that period, CABE also produced its quick-reference guide to national design policy, which provides developers, architects and local planning authorities with a simple "crib sheet" listing the latest planning policies in this area.

The CABE review has also highlighted the watchdog‚s audit of the design standards of 100 schemes from volume house-builders. Despite over 80 per cent of developments being judged "average" or "poor", CABE concluded there were some hopeful signs.

"Every local authority and every builder had both good and bad schemes, suggesting that they all have the ability to deliver good design," argued CABE

View the CABE annual report here (PDF 2.5 Mb).www.cabe.org.uk

Mayor announces phase three of his 100 public spaces programme

Ken Livingstone, Mayor of London, today announced the next ten projects to receive support in the third phase in his programme aimed at improving 100 public spaces in London.

100 Public Spaces is a collaboration between the Mayor‚s Architecture + Urbanism Unit, Transport for London, the London Development Agency, London boroughs and other partners. The aim of the programme is to create exemplary public spaces and establish a lasting legacy for a better quality of life for Londoners and its visitors.

He was speaking on the opening day of `Civilising Spaces: Improving London‚s Public Realm‚ an exhibition at the New London Architecture space in central London which tracks the progress of the first twenty four projects that have received support since 100 Public Spaces was launched in July 2002 as well as the next ten.

The Mayor said:

`As London looks to 2012 to welcome the Olympics, we need to change the face of the entire city. The public space projects and initiatives on display in this exhibition are the first steps in turning London into the world's most civilised, people friendly city, establishing a lasting legacy for a better quality of life for Londoners. By making better space, we can make a better city‚

Lord Rogers of Riverside, the Mayor‚s Chief Advisor on Architecture and Urbanism said:

""I have always been passionate about London and urban life. But for too long London's public realm has been neglected and ignored. Now we have an opportunity to get things right by rebalancing the spaces of the city for people and cars. I believe that the street is the life blood of city life. When well designed, streets and public spaces bring people together in a civilised and safe environment. This is why the Mayor's 100 Public Spaces initiative is so critical to London. It will transform the way Londoners live, work and play in one of the world's greatest cities."

The new projects are:

· A1/Highbury Corner
· Bow Church
· Erith Town Centre
· Gants Hill
· Kender Triangle/New Cross Gate
· Potters Fields Park
· The Romford Ring/North Street
· Silvertown Quays/Pontoon Dock
· Wembley Stadium station square
· West India Quay

The Mayor‚s Architecture and Urbanism Unit, led by Lord Rogers, will work on these projects with the London Development Agency, Transport for London, the London boroughs and other partners, to create exemplary public spaces for all Londoners to enjoy and in particular will advise on the design process, including agreeing project briefs and selecting the best design talent.

Details of the third phase of projects along with an update on those previously announced projects is available at www.london.gov.uk/mayor/auu <http://www.london.gov.uk/mayor/auu>


More affordable housing in Highlands and Islands
A new initiative to identify land for affordable housing in the Highlands and Islands was announced today.

Under the initiative the Executive, as Scotland's largest crofting landlord, will work with Communities Scotland to define areas where development of affordable housing can take place without compromising crofting interests.

Deputy Rural Development Minister Rhona Brankin said:

"I am committed to working with crofting groups and other agencies to strengthen Scotland's rural communities.

"The demand for retirement or second homes in rural areas is pushing house prices beyond the means of many local people.

"By freeing up suitable land for development whilst avoiding the loss of cultivatable croft land we can deliver affordable, sustainable housing in remote communities."

Scottish Ministers represent the largest crofting landlord in Scotland owning or retaining an interest in 72 estates. These comprise some 1,600 holdings extending to around 104,000 hectares.
They are administered by Agricultural Staff in the Environment and Rural Affairs Department of the Scottish Executive
The initiative will map out suitable locations on reserved areas and common grazings and will work alongside crofting interests and local planners to ensure that land is sold for the development of affordable homes
This work mirrors a Forestry Commission Scotland scheme to use parts of the national forest estate for affordable rural housing
Newt Colony Relocates for Regeneration Scheme

Major jobs boost for Stoke-on-Trent following coalfields funding announcement

An investment of almost £10m from national regeneration agency English Partnerships is set to kick-start the redevelopment of the former Sideway Colliery, in Stoke-on-Trent, with the potential for more than 900 jobs by 2010.

The £9.9m funding will come from English Partnerships‚ National Coalfields Programme, designed to breathe new life into former coalfield communities. It will be spent on extensive reclamation, including the removal of a tyre tip, the construction of an access road, drainage and utility infrastructure and creating a platform to assist in any potential housing development on the western part of the site.

The cash will also pay for the relocation of a colony of protected great crested newts, which need to be carefully moved before any work can commence on site.

The 27 ha Sideway site is just south of the A500 and a short distance from junction 15 of the M6. It has been identified as a prime location for large industrial/distribution uses with the capacity to accommodate one large commercial building of up to 500,000 sq ft.

Neil Mortimer, Head of Coalfields for English Partnerships, said, "The main regeneration priority for this area is to provide employment opportunities and Sideway Colliery has an important role to play to achieve this aim.

"This funding will enable a large contaminated brownfield site to be remediated and brought forward for development. This will lead to the creation of a significant number of jobs in an area where employment deprivation is high, and help to lever in private investment."

Mark Meredith, Elected Mayor of Stoke-on-Trent City Council, said, "The remediation and development of Sideway Colliery will contribute significantly to the provision of high quality available land, making more choice available to the market. This is a large site with unrivalled access to the M6 and M1.

"This project has been designed to fit into the wider regeneration of Stoke-on-Trent, including the Housing Pathfinder Strategy, development of other National Coalfield Programme sites and priorities of the Regeneration Zone."

Following work on the A500 and the opening of the M6 Toll Road, combined with the availability of labour in the Stoke-on-Trent area, there is a strong demand from the distribution sector seeking large-scale warehouse facilities in the region.

Marie Greer, Director for Staffordshire at Advantage West Midlands ˆ owners of the site - said, "Sideway will be a first class addition to the region‚s portfolio of high quality sites developed by the Agency.

"One of our roles is to create a diverse and dynamic business base and Sideway will bring valuable new investment and new, skilled jobs close to communities in greatest need."

£10.6million to improve beautiful countryside
EDF Energy is working with environmental groups from the East and South East England to evaluate plans to remove overhead power lines in some of the most beautiful landscapes in the regions.

The energy firm will invest £10.6million over the next 5 years in projects to install underground cables, in place of overhead power lines, in Areas of Outstanding Natural Beauty (AONB) and in National Parks. This investment opportunity has been made possible following a special allowance granted by industry regulator, Ofgem.

EDF Energy has joined with environmental experts from across its distribution area to form two Steering Groups, one in each region. The Steering Groups include members from the Countryside Agency (Chair), Suffolk Coasts and Heaths AONB, Broads Authority, Dedham Vale AONB, Norfolk Coast AONB, Chilterns AONB, South Downs Joint Committee, Kent Downs AONB, Surrey Hills AONB and High Weald AONB.

Mike Dixon and Martin Gray, both from EDF Energy‚s strategic team, will represent the company on the Steering Groups. The Group will regularly meet to evaluate and select proposals put forward by the AONBs for the removal of power lines in some of the most beautiful landscapes in the region. The successful proposals will be put forward to EDF Energy so the company can draw up detailed plans and costs for individual projects to remove overhead power lines.

Speaking about the project, Mike said: "This is a welcome investment opportunity which will have a positive impact on some of our most beautiful areas of countryside. We hope that by bringing together environmental experts from across our distribution area the money will be invested in the most worthwhile of projects."

Hazel Fleming from the Countryside Agency, the organisation that chairs the Steering Group, said: "The Countryside Agency is delighted to chair the Steering Group for this exciting and innovative project. The programme of works will have a positive impact on the landscape and character of these nationally important areas. We hope that other electricity distribution companies will be encouraged to set up similar projects around the country drawing on the groundbreaking work of this group."

EDF Energy hopes to invest £2.9 million in the East of England and £7.7million in the South East on schemes to install power lines underground in AONB and National Parks in those regions over the next 5 years. Nominations will be made through AONB and National Park Officers to the Steering Group.

Glasgow to bid for super casino

Glasgow City Council has formally confirmed it will bid for the UK‚s first so-called "regional super-casino". Councillors have argued that a Las Vegas-style hotel and leisure complex would help the regeneration of the Scottish city.

The Department for Culture, Media and Sport will decide the location of the first "super casino" next year. At present, Blackpool is the front runner.


Property news
 

The Positive Club

Bright spots

Look closely, and you will see the bright spots in this day. Give your attention, your thoughts and your efforts to those bright spots, and they will grow even brighter.
Look closely, and you will see the positive possibilities in this moment, in this situation. Focus your energy on the good and valuable things you can do now, and the best of those possibilities will become real.

Though many circumstances may not be perfect, there are perfectly good, positive, life-affirming responses available to you. Respond to life from a perspective of love, and your response will have real, lasting power.

Life is rich and complicated, ever-changing and coming at you from every direction. You always have the opportunity to make the very most of it all.

You can grab on to those bright spots and nurture them toward magnificent proportions. In the midst of all the noise and confusion, you can take a glimmer of hope and build it into a dominant force.

Whatever may be going on in your life, there are bright spots that you can find and build upon and utilize to create great value. Even now those bright spots are there, ready for you to develop into something truly special.

-- Ralph Marston


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There are hundreds of auction houses listed, 1,000s of sales a week.

Kind regards
Hot Property Investor Team