Together fuels auction market optimism with record lending figures

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Property lender Together has announced record breaking auction finance figures for March.

Sales for the month came in at more than £32  million across 212 transactions, continuing a positive start to 2025 with a record total for the first quarter of the year.

Combined with January and February, auction sales at Together have totalled over £71 million.

Scott Hendry, director of auction finance at Together said:

“These results are a testament to the incredible work of our dedicated auctions team at Together.

They truly embody the mentality of our company, working tirelessly to help our customers achieve their property ambitions.

The property market is facing numerous challenges right now, whether it be from stamp duty, regulation changes or the impact of global challenges.

To see positivity like this is excellent, and we hope it will translate to the wider sector.”

According to the latest statistics from Essential Information Group (EIG) which tracks the performance of the auction market, the number of lots offered were up 5.6% year-on-year.

However, the number of lots sold dipped slightly by 0.5%, and the overall success rate fell to 68.2%.

Despite this, the total raised nudged up by 1.4% to £479.6 million, indicating solid pricing across the board.

David Sandeman, Managing Director at EIG, said:

“While buyer caution remains a factor, March still delivered a steady performance as the market edged toward the financial year-end.

The continued growth in capital raised, despite a softer success rate, highlights underlying confidence and an appetite for well-priced stock, particularly in the residential space.

It’s encouraging to see lenders like Together contributing to this momentum with record auction finance figures.”

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