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If you like auctions you'll love Government Auction News! – Discover how to find thousands of Luxury items at bargain prices

New iPhones, tablets, cameras, clothing, fashion and beauty products, vehicles, wines, beers and spirits - it might surprise you what turns up at auction, it'll astound you how little you'll have to pay!

Whatever your interest in auctions might be, from earning an extra income to establishing a successful business, or from seeking out collectibles to picking up incredible bargains, discover how Government Auction News can help you find what you're looking for.

What are "Government Auctions"?

Established 25 years ago, Government Auction News is the UK's premier auction information service

From our offices in Fleet Street, central London, we publish a whole range of newsletters, specialist courses, books and insider reports. Since 1990 our regular readers have been cashing in on some incredible bargains, and you can do the same.

You'll get all the latest news, clear and concise advice, special features, and investment advice on what to buy and what to pay. Learn how maximize value, turn a profit, avoid common auction mistakes and much more besides.

With over 250,000 satisfied customers over the years, Government Auction News has been recommended by BBC and ITV, national and local radio, The Times, Telegraph, Daily Mail, Daily Express, Daily Mirror, FHM Magazine among others,. Our publications are also referred to by official bodies such as the Department for Business Innovation & Skills, the Department of Environment and Her Majesty's Stationery Office.

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For pleasure and for profit

Providing details of over 1,200 auctions taking place each month throughout the whole of the UK, Government Auction News shows you where the bargains are to be found in your region and online.

You really can buy goods at prices that will make you think you are dreaming - up to 95% off the normal price week in, week out..

Celebrating 25 years - 1990-2015

"By far and away the best publication of its kind. Very impressive"
- Simon Davies, Chester

"I've gone into the property rental business thanks to Government Auction News"
- Steve Brown, Kent

"I paid £32 for this chair and sold it two weeks later for £270."
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"A brand new bathroom for just £120."
- Joanne Lee, Wales

GAN Editor Stuart Maclaren explains how Government Auction News will lead you to bargain after bargain after bargain:

Imagine if every month you were alerted to thousands of unbelievable bargains that not only could save you hundreds of pounds but also had the potential to make you profits in the region of 500%. What would you do with that information?

Would you use it to improve your lifestyle buying luxury items you've long wanted for yourself, or would you be tempted to turn your knowledge into a quick profit with little or no effort?

Our regular readers are already cashing in on some fabulous bargains, and you can do the same. It's hassle free and fun, and I'd like to show you the easiest way you can get in on this simple strategy.

Why are the prices of these luxury items so low? Well, each month thousands of organisations sell goods at auction and they want to get rid of them fast. It doesn't take a genius to work out that the speediest way to sell something is to accept a very low price.

That's why most of these auctions are NO-RESERVE PRICE sales, that is to say the goods must be sold there and then with no lower price limit. The 'best bid' wins irrespective of realistic values or market prices - you could literally pay just a few pounds for something that's worth hundreds!

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Take the police, for example. They use these auctions to unload vast quantities of lost and unclaimed property, everything from computers and mobile phones to video cameras and iPods, cars, boats and even caravans!

Company receivers and insolvency practitioners dispose of bankruptcy stock by the same means, while HM Customs & Excise are interested in selling off confiscated and impounded items. In every case, the vendor is interested in a quick and easy sale - so there are always thousands of bargains to be had.

So, if you're willing to attend a few of these auctions each month it will be possible for you to pick up bargain after bargain after bargain. You can buy goods at prices that will make you think you are dreaming - up to 95% off the normal price week in, week out.

But if you look in the mainstream press for these sales, you'll be lucky to find them. Often these sales aren't publicised and that can make it difficult for beginners. But don't worry, that's where Government Auction News comes in.

Government Auction News provides details of over 1,200 auctions taking place each month throughout the whole of the UK and the Republic of Ireland, and shows you where the bargains are to be found in your region, the type of auction and when it will take place.

Whether you are interested in bankrupts stocks, police lost and found, airport lost property, ex-catalogue stocks, trade stocks, Government surplus, antiques and collectibles, property, plant and machinery, cars, boats or bicycles... Government Auction News will steer you to the very best bargains.

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From this month's issue:



NICHOLAS PINE'S HOT PROPERTY:


Viager is a boon for the elderly

My job in this column is essentially to tell GAN's subscribers about new opportunities to make/manage money using property, while the majority of the population remain blissfully unaware of what they are missing. I have one this month and I think it could well be of interest to readers. It is very popular in France. But don't let that put you off!

It is called viager and it works like this. An owner-occupier with no mortgage sells a property to a buyer for a reduced sum (normally negotiated by an estate agent). The seller is allowed to remain in the property as a tenant and the buyer pays him or her a fixed sum per month until the tenant dies, at which point the property is transferred to the buyer.

These deals are usually made by unfortunate elderly folk who have run out of money to live but who still retain title to a property. They receive a fixed sum for their property and this is negotiated by an agent. Oddly, the amount paid depends on the age and physical condition of the house owner, not the property they own. The old owner - now a new tenant - receives a lump sum up front plus a regular income, often in the region of €500 per month. This is a peculiarly French system. Presently it accounts for less than 1% of property deals in France but its popularity is increasing as people live longer and appear to run out of money more quickly than in years gone by.

Sometimes the deal can go spectacularly wrong for the buyer. In 1965, a lady aged 90 sold her apartment to her lawyer, a man half her age, on a viager deal. The lawyer agreed to pay her approximately €300 per month and doubtless sat back and thought about the riches to come. Alas for him, the old lady went on to become a still older lady and showed no desire to drop off the perch. Months became years and years turned into decades. This remarkable woman (who in her youth had worked in her family's artists' supplies shop where she had sold tubes of paint to Van Gogh) went on for more than thirty years. By the time she died at the age of 122, she was the world's oldest person. The lawyer wasn't a bit pleased... but then he had died two years before her. One imagines that his last words were probably not a cheery "Good luck!" proffered in her direction or even a resigned "C'est la vie", although that would be entirely appropriate in so many ways.

There are other risks for the buyer to consider. The principal one is that one has to be meticulous when paying the former owner, now tenant, the monthly sum, because if this payment ceases the house reverts to the seller. If the buyer dies, then his or her heirs have to keep paying the sum or the same thing happens.

The leading agent in France is Renee Costes Viager. It handles 40% of the buyer demand in France and reportedly deals with some 12,000 calls per year from elderly owners interested in a viager deal. The growth in interest is down to an ageing population and the fact that senior citizens' pensions are falling in value as the cost of living rises. Most vendors are elderly ladies whose husbands have died leaving them little.

Now this system does not appear to exist in the UK but there is no reason at all why it couldn't be operated here. It would certainly be worth investigating the French viager system more closely and advertising in this country for buyers who wish to sell.

So, do your research, advertise in the UK and let me know how you get on. There are companies in the UK offering similar kinds of deals whereby they buy a house for a reduced lump sum and let the tenant live in the house rent-free until they die, but that will not benefit you. I am proposing that you become the purchaser yourself and make the same profit (or loss!) that the corporate buyers make.
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