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  • EIG Auction News: Essential Auction News Welcome to the November newsletter that looks back...read more


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  • Residential Market Survey December 2016:  Residential Market Survey Rics Ulster BankCHARTERED surveyors have claimed house sal...read more


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  • Auction Data for May 2016 Double-digit growth when comparing May 2016 with May 2015:  Monthly News Update Overall Statistics May 2016 ...read more


  • Advice on Stamp Duty Land Tax In Northern Ireland: Stamp Duty Land Tax is a percentage paid on the purchase of a home or non-residential property to th...read more


  • Auction Data for November 2015:  Monthly News Update Overall Statistics November 2015 ...read more


  • EIG Monthly Newsletter November 2015:  Monthly News Update Overall Statistics October 2015 ...read more


  • Massive rise in Northern Ireland prices forecast by industry experts: They are also predicted to rise by 6% in the UK in the same period, according to the Royal Institut...read more


  • EIG Monthly Newsletter September 2015:  Monthly News Update Overall Statistics August 2015 ...read more


  • Property auction market returns to growth!:  Monthly News Update Overall Statistics June 2015 ...read more


  • House prices rise by 7.5% in Northern Ireland in 12 months, according to ONS report: House prices rise by 7.5% in Northern Ireland in 12 months, according to ONS reportBy Vicky ShawPUBL...read more


  • Auction Data for April 2015:  Auction Data for April 2015   Difficulty reading the figures? The figures be...read more


  • Auction Data For March 2015 - 23/03/2015:  Monthly News Update Overall Statistics February 2015 ...read more


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  • EIG Monthly Newsletter January 2015:  Monthly News Update Overall Statistics December 2014 ...read more


  • Auction Data for November 2014:  Monthly News Update Overall Statistics November 2014 ...read more


  • Auction Data for October 2014:  Monthly News Update Overall Statistics October 2014 ...read more


  • How to succeed in the auction room: After the most buoyant quarter of house sales since records began, a sense of realism is setting inD...read more


  • EIG Monthly Newsletter October 2014:  Monthly News Update Overall Statistics September 2014 ...read more


  • BRG Gibson Auctions - EIG Monthly Newsletter September 2014:  Monthly News Update Overall Statistics August 2014 ...read more


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  • 68000 Northern Ireland homeowners in negative equity: 68000 Northern Ireland homeowners in negative equityNegative equity remains a large problem for home...read more


  • Going once, going twice... Sold!: In an article in the London Times recently it was reported that the words “Going once, going t...read more


  • Strong set of results, as over 400 million was raised across 128 UK auctions - a huge increase of 50% on March 2013:  Monthly News Update Overall Statistics March 2014 ...read more


  • Surge in auctions continues!:  Monthly News Update Overall Statistics February 2014 ...read more


  • Auction Data for January 2014:  Monthly News Update Overall Statistics January 2014 ...read more


  • BRG Gibson Auctions, Rated Top Regional Auction House in Northern Ireland for a 2nd Year by Estate Gazette!!! : Estate Gazettes Auctions: Regional Round-UP: Lots Of Good News In 2014 February EditionThere is a lo...read more


  • Homes Under the Hammer return to Belfast for BRG Gibson Auction 4th Feb Property Auction : Homes Under the Hammer return to Belfast for BRG Gibson Auction 4th Feb Property Auction   BR...read more


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  • Auction Activity 2013: This is the content of the Essential Information Group’s first newsletter of 2014, which looks...read more


  • Partner Agents/Joint Agency Opportunities: BRG Gibson Auctions welcomes instructions from estate agents who have suitable properties on their b...read more


  • Current Vacancies: Join us and become part of BRG Gibson Auction TeamCorporate Services CoordinatorCommercial Senior Sa...read more


  • BRG Gibson Auctions TO BE A TV HIT! Homes Under the Hammer!!!: BRG Gibson Auctions TO BE A TV HIT! Homes Under the Hammer!!!   Lion TV Scotland, Homes Under...read more


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  • Average House Prices rising in N. Ireland: The price balance of the latest RICS and Ulster Bank Housing Market Survey for Northern Ireland was ...read more


  • Estates Gazette Top regional auction houses for H1 2013 by amount raised: Property auctions in Northern Ireland recorded the largest regional growth in the first half of 2013...read more


  • : Auctions have acquired a reputation as a place where banks cleared bankrupt stock, but a recent arti...read more


  • Activity in the N Ireland market in the 1st Quarter 2013: The three-month period to the end of March 2013 was the first since the summer of 2007 in which Nort...read more


  • Craigavon most effected area in the UK by drop in House Prices. First Time Home Buyers at 5 Year High.: Towards the end of December last year it was reported that the average cost of a home in Craigavon w...read more


  • Housing Market Survey and Annual Auction Results.: The most recent Northern Ireland housing market survey produced by the Ulster Bank and the Northern ...read more


  • National Auction Analysis EIG:  National Auction Analysis As expected, the residential market witnessed large increas...read more


  • Investors Buying NOW While House Prices Hit Low!: House prices are still falling in Northern Ireland according to the latest RICS (Royal Institut...read more


  • N. I. House prices fall greatest in U.K.: Helen Carson, who writes on property related matters in the Belfast Telegraph wrote in the paper on ...read more


  • Housing Market Downturn is now five years old.:    According to the latest RICS and Ulster Bank Housing Market Survey for July 2012.Norther...read more


  • Current Market Conditions and Let the Buyer Beware: The price balance of the latest RICS and Ulster Bank Housing Market Survey recorded its lowest readi...read more


  • RICS and Ulster Bank Housing Market Survey: We are on the eve of our next auction, to be held at the Stormont Hotel on the Tuesday the 8th May. ...read more


  • March Auction 2012:  Hot on the heels of their previous very successful auction held at the Stormont Hotel, Upper Newto...read more


  • 2 Feb 2012 - Mustbesold.com & BRG Gibson Auctions: BRG Gibson Auctions AnnounceOn the 2nd of February 2012 at the Stormont Hotel Belfast, there will be...read more


BRG Gibson Auctions TO BE A TV HIT! Homes Under the Hammer!!!

BRG Gibson Auctions TO BE A TV HIT! Homes Under the Hammer!!!

 

Lion TV Scotland, Homes Under the Hammer are coming to Film largest ever property auction in Northern Ireland on the 3rd Dec at the Stormont Hotel.

 

Homes Under the Hammer is a British renovation and auction series that originally screened on BBC One as part of the BBC's morning television schedule, the series has been running since 2003. Its main presenters are Lucy Alexander and Martin Roberts, although in series three Marc Woodward and Jasmine Birtles alternated presenting duties with Alexander and Roberts. The series is the BBC's most successful show in the 10:00 AM slot, regularly attaining a 30% market share for new episodes.

 

Each episode of the show follows three properties (or two per half-hour show) which were bought at auction, often ones that require significant refurbishment. A cross-section of properties is featured, including residential, commercial, rural and plots of land. The programme follows a set format. One of the presenters views the property prior to going up for auction, giving their opinion on it and its potential problems as well as attractive features. A local estate agent is also invited to give their opinion on the property. The auction is then shown and the final sale price revealed.

 

It is at this point we first meet the new buyer, and Martin or Lucy interviews them and inquires as to their background, why they bought the property, whether they are happy with it, given the price and what their plans are. The buyer then gives a detailed explanation of any renovation works they are going to do, such as new kitchen, bathrooms or extensions, and how much they expect to spend. The buyer is then left to get on with the project, with the promise that the show will re-visit the work in about three months' time. The programme then features another property in the same manner.

The show then comes back to find out how the buyer has got on, and reminds the viewer of what the property was like prior to the auction. Dependent on the buyer and extent of renovation, there can be a wide variation in the progress of works. Some properties are shown fully complete, with camera shots taken in identical places "before" and "after". Other properties are shown in mid-renovation, which can give an idea of the work being done but not the final effect. Occasionally there are properties which have had no work at all done due to many factors, such as the buyer having other projects on the go or encountering hidden problems that have slowed down production.

 

The buyer is interviewed once more, asking them if they are happy with the work so far, or indeed, with the final outcome. Martin and Lucy, however, are not present for this interview, though they do provide a voice-over. The buyer discusses their expenditure, etc. and if they felt it was worthwhile. This time, two local estate agents are invited to give their opinion on the quality of work, and whether the property is now more desirable. They then give the all-important valuation in both the market value and rental potential. The buyer is invited to give their opinion on those valuations, and asked whether they are going to sell, rent, or live in the property themselves. Occasionally, subsequent updates are given to the viewer if the property did indeed sell for the asking price, but this is not always done.