Auctions popular for landords

Latest reports in the FT are that property auctions are increasingly popular for investors fed up with the miserly returns they can earn by putting their cash on deposit.

It notes the rise of the affluent female investor who having made their money elsewhere is looking at putting their money in 'bricks and mortar'.

Zoopla the property portal has recently launched it's monthly online auction service allowing landlords to bid for property from the comfort of their own armchair.

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