• The residential auction market contains a higher than average proportion of cash and equity-rich buyers.
• Auctions have accounted for a higher proportion of all transactions during the downturn as they are not as exposed to the constrained mortgage lending.
• Out of the 18% of auction buyers who are owneroccupiers, one-third are buying for the first time.
• This summer has seen a turnaround in sentiment in the auction room with a higher proportion of lots selling and a new influx of buyers who believe that prices have bottomed out.

Contact Information
Yolande Barnes
+44 (0) 20 7409 8899
ybarnes@savills.com