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Welcome
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Hi,
PLEASE NOTE THAT THIS INFORMATION APPEARS IN THE
NEWS SECTION AT THE MEMBERS' AREA AT GOVERNMENT
AUCTIONS AS SOON AS WE RECEIVE IT. FULL DETAILS
ABOUT EACH AUCTIONEEER CAN BE FOUND AT THE SITE.
The GAUK Newsletter is
our regular FREE bulletin designed
to keep you updated with news, latest sales, auction
results and general pieces of interesting auction
information that have occurred throughout the week. This
is a supplement to information contained in the main GAUK Database and
is an additional service. Please Read On... |
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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
Fox Lloyd Jones, 30 Park Place, Leeds. Tel: 0113 243 1133.
Wednesday 6th July from 9.30am to 4.30pm;tender sale of pre-press
and IT equipment, office furniture and equipment. Taking
place at Unit 9, Tech Park, Saxon Way, Hessle, Hull.
SHM Stevens Champion & Slater, The Salerooms, 61 Water
Street, Birmingham. Tel: 0121 200 2206. Thursday 7th July
at 11am; home entertainment retailers stock and equipment
including televisions, DVD players, CD players and videos
etc. Taking place at 1756 Coventry Road South, Yardley, Birmingham.
Henry Butcher, 25 London Bridge Rd, London SE1. Tel: 020
7098 3700. Thursday 14th July at 10am;film packing lines,
storage and handling equipment, machine tools and presses,
factory plant. Taking place at Kodak, Annesley, Nottingham.
This Week:
Team Auctions, 60 Bentinck Road, Newcastle
Upon Tyne. Tel: 0191 226 0670. Sales of commercial catering
equipment at 11am.Wednesday 29th June at Painthorpe House
Golf & Country Club, Wakefield. Thursday 30th June at
The Engine Shed, York Road Ind. Est., Wetherby. Monday 4th
July at Hamilton Park Racecourse, Hamilton, Glasgow. Monday
4th July at Manor Park Country House, Clydach, Swansea. Tuesday
5th July at Llanishen Sports & Country Club, Pare Ty
Glas, Llanishen, Cardiff. Tuesday 5th July at Dumbarton Burgh
Hall, Strathclyde. Wednesday 6th July at Wyre Forest Glades
Leisure Centre, Kidderminster. Wednesday 6th July at The
Albert Hall, Dumbarton Road, Stirling. Thursday 7th July
at Jan's Conference Centre, Higher Audley Street, Blackburn.
Thursday 7th July at Livingston Football Club, Alderstone
Road, Livingston, Lothian.
Simon Charles Auctioneers, Unit 5, Pear
Mill, Pear Industrial Estate, Stockport Road West, Lower
Bredbury, Stockport, Cheshire SK6 2BP Tel: 0161 406 0111.Thursday
30th June at 11am;exclusive office furniture and upholstery,
garden furniture and equipment, power tools, beds, carpets,
lighting, TV's and jewellery. Taking place at Unit 5, Pear
Industrial Estate.
Lodge & Thomas, 58 Lemon Street, Truro.
Tel: 01872 272722. Saturday 2nd July; agricultural machinery
and equipment. Taking place at Truro Livestock Market.
WE ADVISE YOU TO CONFIRM
ABOVE DETAILS WITH AUCTIONEER BEFORE TRAVELLING
Property News
How To Achieve 12% ROI Per Annum, Plus Capital Growth
How An Investor Can Buy Property At A 40% Discount After
eA-Dayf
-------
This from Alan Forsyth, a trusted property entrepreneur
and advisor, in whom I have great confidence:
How To Achieve 12% ROI Per Annum, Plus Capital Growth
While the UK buy-to-let market has seen many areas of the
country become unprofitable, as house prices have risen above
attractive levels, there are still areas where you can find
gross yields of 8% and above. Even in parts of the country
where yields are generally lower, it is still possible to
hunt out a bargain, perhaps by finding a distressed seller
or by contacting an HMO offering an attractive gross yield.
I would suggest that these areas/properties will stay popular,
and become even more attractive over the next year, as interest
rates drop to around 4%. This suggests continued good yields
and capital growth in the right areas, as buy-to-let investors
search for income-generating properties.
It is no surprise, then, that we have such a high demand
at http://www.property-investment-deals.com for every buy-to-let
opportunity my team source that fits our strict criteria
| namely yielding over 8% gross yield, and in a strong rental
location.
My team are checking out properties on a daily basis, and
are all local to their areas, which is vital | local people
with local knowledge that know the streets to target, and
those to avoid. We use local lawyers and management companies
that we have developed excellent relationships with over
time, and that provide us and our investors with a superior
service and the best value-for-money.
The average property we target for investors costs between
30,000-60,000 and achieves a rent of around 250-425 per
month. It will also be in an area where we have local letting
agents that we are happy with, and who can let our investorsf
properties at the most competitive rates.
I believe the reason demand for our services is so high
is that there are now very few places in the UK where you
can buy a property by putting less than 10,000 of your own
money down, and make a net income of over 100 a month (1200
pa, thus 12%). But we can find them.
We have investors come to us with a sum of money, say 100,000,
looking to secure a passive income and steady capital growth.
With this sum of money, we would be confident that they could
achieve a net income of over 1000 a month, plus capital
growth. Not a bad return on investment each year. We work
with all types of investors, from those looking to get their
foot on the ladder to the those with a 5m portfolio.
Demand is always higher than supply, and for every property
we are happy to offer we could sell it 5 times over. A large
percentage of our investors are repeat customers, which gives
me great satisfaction.
Alan Forsyth
Further Research: If you would like to discuss your specific
situation more thoroughly, and be given examples of the type
of properties we secure, please e-mail me, Alan Forsyth,
at enquiries@property-investment-deals.com or call 01276
510 348 and wefd be delighted to help. Also visit us at http://www.property-investment-deals.com
-------
And now a great new concept from a good friend and colleague
of mine, retired auctioneer Howard R Gooddie:
How An Investor Can Buy Property At A 40% Discount After
eA-Dayf
The name A-Day, given to April 6th 2006 by the Inland Revenue,
reflects the major, radical and revolutionary changes that
are due next year on the pension scene. And theyfre highly
advantageous for we property investors.
At present, itfs possible to invest through a pension in
a limited range of commercial properties. Where necessary,
quite a few business people have used this opportunity to
purchase and borrow up to 75% of the value of their business
premises. This was carried out through a SIPP (self-invested
pension plan).
After A|Day you will be able to borrow/gear and envelope
into a tax-advantageous pension residential investments too,
including buy-to-lets and UK and overseas holiday property.
There are other changes in the rules for SIPPs, which include
a lifetime allowance on the maximum value of the fund (1.5m
increasing to 1.8 million by 2010 and then subject to 5-year
review). The retirement age will increase from 50 to 55.
Youfll be able to withdraw a maximum tax-free cash sum of
25% of the fund. It will no longer be compulsory to take
an annuity at 75, but it may be possible to pass pension
assets to your family when you die.
Taxpayers will be able to contribute an amount only limited
by their annual earned salary, up to a maximum of 215,000
for the tax year starting on A-Day, increasing up to 255,000
by 2010. For the basic-rate taxpayer the Government will
contribute an extra 22p for every 78p paid into a SIPP; the
higher-rate taxpayer will be able to claim an additional
18p of tax relief.
All income received from the properties in the fund must
be paid into it, which will continue to accumulate tax-free.
At the time of a purchase, your initial deposit will be relieved
by the 22p in the pound gift from the Inland Revenue; for
the higher taxpayer there is the additional tax relief. Can
I leave you to think just a minute about the effects on your
projections and yields? Effectively a higher taxpayer will
be able to buy a residential property at a 40% discount after
A-Day. Will you drool at the prospect of only paying 60,000
for a 100,000 investment? Remember also that instead of
paying 40% tax on the property income, it will all be tax-free,
too. The good news continues, as youfll eventually not have
to pay capital gains tax either.
With this in mind, I am preparing a series of seminars under
my chairmanship on this subject. Towards the end of the year
they will consolidate the independent views of specially
chosen lecturers on the ideas then developed and prevalent.
This should be in plenty of time to take action before A-Day.
These seminars are likely to lean toward the property angle,
but will inevitably have a taxation and feasibility bias.
Dependent upon demand, they will be arranged in single, hard-working
days at accessible centres around the country, at costs estimated
at 220 to 250 per head. Each of these will culminate in
an opportunity for all like-minded people to fraternise and
share ideas.
In order for me to assess potential demand, please send
an e-mail (entirely non-committing), indicating your address,
to howgood@man.ac.uk or call 0161 904 0525. I will then forward
more details as and when they become available.
-------
Best regards,
Peter Parfait
HPA/PAN/Booksender.com
News An American who masterminded the UK part of a multi-million
pound ID theft scam was yesterday jailed for six years. Douglas
Havard, 24, was sentenced on Monday at Leeds Crown Court
after pleading guilty to conspiracy to defraud and conspiracy
to launder money. His accomplice, Lee Elwood, 25, of Glasgow,
was jailed for four years after pleading guilty to the same
offences in June 2004.
The court heard the duo were integral to a phishing scam
that netted an estimated 6.5m. The duo operated the UK end
of an international operation that tricked consumers into
handing over their banking credentials to bogus websites.
The pair used credit cards obtained under false names, money
raided from compromised bank accounts and the illicit purchase
and sale of goods online to finance a lavish lifestyle.
Their criminality was exposed during a National Hi-Tech
Crime Unit (NHTCU) investigation into eastern European phishing
fraudsters. Police reckon Havard and Elwood stole over 750,000
during the 10-month period of the investigation but estimate
they could have raked in as much as 6.5m over two years.
Havard confessed to receiving data dumps of compromised account
details from criminal associates in Russia. This information
was used to pay for goods online, sold in auctions by criminal
affiliates in the UK. Havard and Elwood and their UK allies
would take a cut before forwarding the balance back to Russia.
Police found forged travellers' cheques, financial documents
relating to 10 bank compromised bank accounts and cash when
they raided Havard's flat. Intelligence recovered led to
a raid on Elwood's home where police recovered forged documentation
and bank documents as well as a cache of credit card counterfeiting
equipment.
Police said Havard and Elwood were active on illegal "carding
websites" such as carderplanet and shadowcrew, The Scotsman
reports. The paper adds that Havard faces charges counterfeiting
and armed robbery in Texas.
-------
UNIQUE WEBSITE WILL HELP COMBAT GROWING PROBLEM OF ONLINE
AUCTION FRAUD
A new web-based service launches this week that aims to
combat the growing problem of online
A new web-based service
launches this week that aims to combat the growing problem
of online auction fraud.
On average some 12.5 million transactions were completed
on auction sites worldwide every single day during 2004,
of which 250,000 turned out to be fraudulent | with sellers
failing to deliver the goods, buyers giving bogus credit
card details or people selling stolen or counterfeit goods.
It is also not unknown for the buyer to claim against Paypal
for non receipt of goods and receive a refund when in reality
goods have been received and are already being sold on. So
many criminals are nowadays making use of the opportunities
open to them through online auctions, that any one of us
could become a victim of this latest type of scam.
Now, by registering with www.reportauctionfraud.com members
of the public and businesses using online auction sites can
check out buyers and sellers for just 50p. Details are verified
immediately by accessing an up-to-the-minute database established
by Early Warning (UK), the organisation that monitors online
and credit card fraud.
Registration is free and takes only a few minutes, after
which you are set up to make checks online. If you have already
fallen victim to auction fraud, you can use the website to
add information about your own case so that others can be
warned, the information is then instantly available to the
police should they wish to view it.
Andrew Goodwill, Managing Director of Early Warning and
an adviser on online fraud to the Police, banks and financial
institutions, explains: gAuction sites try to protect their
customers from fraud with their own feedback service but
regrettably there are still gaps. Thatfs why we set up www.reportauctionfraud.com
to provide extra protection for members of the public and
businesses alike. We believe that users will access the system
responsibly and the company has developed techniques to limit
abuse.h
For further information please contact Andrew Goodwill on
0870 874 4999 or email admin@early-warning.co.org.uk
PR contacts: Anthony Gilsenan / Andy Smith 01372 749556
The
Positive Club
The
Positive Club
"Look at a
day when you are supremely satisfied at the end. It's not
a day when you lounge around doing nothing, it's when you've
had everything to do and you've done it!" --Margaret Thatcher
"Twenty years from now you will be more disappointed by the things that you didn't
do than by the ones you did do. So throw off the bowlines. Sail away from the
safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover." --
Mark Twain
"The best motivation is self-motivation. The guy says, I wish someone would come
by and turn me on. What if they don't show up? You've got to have a better plan
for your life than that." --Jim Rohn
GAUK
newsletter now has a readership of over 40,000
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HERE FOR £50!
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GAUK Advertising Gets Results!!!
Bankrupt
Stock Clearance
3
years old Pulse Equipment
-
Resistance:
Seated Leg Press x150 kg £850.00
-
Leg
Extension x 100 kg. £850.00
-
Seated
Curl x 100 kg. £850.00
-
Abductor/adductor
x 100 kg. £850.00
-
Chest
Press x 100 kg £850.00
-
Abdominal
Machine x 100 kg. £850.00
-
Pec-Dec
x 85 kg. £850.00
-
Lat
Pull-down x 100 kg. £500.00
Cardio
Vascular Equipment
-
2
Treadmills (programmable) £2,300
each
-
2
Elliptical Trainers Dual Action Programmable £1,500
each
-
2
Concept Rowers £500.00 each
-
2
Recumbant Bikes £850.00 each
-
2
Upright Bikes £850.00 each
-
3
Spinning Bikes 12 months old £200.00
each
-
2
Cybex Treadmills (Reconditioned) new motors,
new runners, etc 8 months ago £500.00 each
-
Aroma
Steam Tube 12 months old £500.00
-
Sundry
weights, other equipment.
TOTAL
PACKAGE PRICE £15,000.00 (new
would cost approximately £45,000.00)
(all equipment has maintenance contract and been
kept in excellent condition. Currently being used
in a ladies only environment.)
Viewing
Days: Saturday and Sunday 8th, 9th May. (Other
viewing by arrangement)
|
Remember
that if you are a GAUK member that the database is constantly
changing so keep coming back for information about the latest
sales, also use the news and members' forum.
If
you are not already a member of Government Auctions
UK and which to gain access to the huge searchable
database then please click here: http://www.governmentauctionsuk.com and
hit the join button for a choice of subscription options.
There
are over 1,000 auction houses listed, 1,000s of sales
a week.
Kind
regards
Government Auctions UK Team |