“ Programme in which experts uncover the tricks of the property auction trade „
I am a shift worker, although my work now is far more office hours than ever. I still get a day off in the week when working the weekend about every 2 - 3 weeks. I don't actually watch any soaps, due to the kids after school activities and my own odd hours as well as general lack of interest. However I have a real fascination with any property related shows, this is heightened by recently finishing our second extension and having done extensive renovation to the house we live in. My husband would be described as "handy" and I make a great labourer, painters and general fetcher / carrier.
From all those home type shows which I love to watch, including Location Location Location, all of Beeny's shows, Grand Design, Georges amazing spaces, my favourite is by far Homes under the hammer (HUTH).
HUTH has been around since 2003, starring Lucy Alexander and Martin Roberts. The distinctive them tune / music score is often used in radio adverts for auction sites.
The show starts off often by Lucy or Martin having a look round a property, then we are whisked to the auction house and watch the property going "under the hammer", we then meet the buyers back at the house to hear their plans. The buyers vary from people buying their own home, a property to do up and rent / sell or property developers. I must admit to much preferring watching amateurs, especially those doing for the love of the property. Now this is the addictive bit of the show, we then have to wait till the end before returning, this means you HAVE to watch the whole show, there's no way you could leave, your hooked. So we watch the same routine with other properties before returning after a time unique to that project to see how they got on. Some return within a few months but I watched one last week that returned 9 years later (an old chapel building). We get to look at the before and after, see what their potential sale value would be or rental "yield". We hear about their traumas and what went well /badly. Throughout we get relevant to the buyer or situation cheesy music, so the pilot we would have "come fly with me" etc. The properties are a full range of terraced, semis, detached, flats, as well as more commercial units, they also go all over Britain.
I quite literally (sad I know) plan my day off round HUTH, school run, chores, I can even fit a grocery shop in and still be back in time for my hour long HUTH on BBC 1 at 10am. I can easily justify this as will save up my ironing with the knowledge of upcoming week day off = HUTH.
HUTH is a very basic format but it never fails to hook me in. Its definitely a 5 from me.
Homes under the hammer is daily morning show on BBC1 which fits in nicely with To buy or not to buy. It is presented by Lucy Alexander and Martin Roberts and they do bring a bit of sunshine to the programme as they are very enthusiastic about most of the properties they visit.
Throughout the show they show us the property first that is about to go to auction. This is usually either a run down house that hasn't been changed since the 60's including the psychedelic wallpaper and absolutely appalling carpets to match or it's a property that needs a lot of work doing to it. Very rarely is a property up for auction just because it wont sell anywhere else and that could be just moved in to. The presenter will go through the property and what is wrong with it (such as rot, leaking roof etc) and also its good points such as size of rooms, location rental potential.
Once we have had a glimpse at the property we are then taken to the auction itself and told the guide price and we watch as the people bid against each other. After the bid is won we then meet the 'now new owner' at the property and the presenter then asks why they had bid for this house and what are their plans.
More often than not the property is bought as an investment or as a renovation project. So we see that they buy this run down property, they normally have a team of builders already who work for them or they do the work themselves to save costs and they convert the property back to being liveable again. They will then be adding another property to their ever increasing gold mine of properties and the rent will more than pay for the mortgage on the property or they will make a huge profit and sell the property on to someone who could not be bothered to do the same as them.
We are shown the property about three months down the line when usually the property is finished and ready to sell. Some are an amazing turnaround and they have done a great job. The estate agents then come and give an estimate of how much the property would sell or rent for.
I have seen at times a couple making an amazing profit of almost 100k on one property! Although it can go the other way and people could lose out and then decide to rent it out for a while until the market picks up.
I may sound a bit jealous of all this and of course that is completely true. When I watch these type of programmes and see, like yesterday for example, a man who bought a run down shop and flat above for £60k and then fall on his feet as he sells the shop to an interested buyer without having to do any work to it for £35k, you will see that he has bought the 2 bed flat upstairs for just £25k! It wasn't in that bad condition and all he had to do was put a new bath in and paint the walls and have a friend do the roof (which the shop owner also agreed to pay half). He paid just under £4k to do the flat up so his total outlay would have been £29k plus expenses and after 3 months work the flat was worth approx £50k. He has done this many times before.
As I have said it is mostly people looking to buy and rent out or builders looking to make a quick profit on others misfortune.
I think there should be a government scheme to allow first time buyers to do something like this as if you buy at auction you need to pay 10% upfront and its harder to get a mortgage for an auctioned property. The cost of houses these days are so high for first time buyers who aren't already on the property ladder that it's almost impossible to get on that first rung
I would absolutely love to buy a property and do it up but I guess its a case of knowing the right people to help you at the right price and finding the right property that doesn't have any underlying problems that would cause a quite upsetting bump in your budget!
I can dream though cant I?
Finding myself unable to work effectively from home at the moment, due to the husband breaking his hip and demanding attention every five seconds, I have been watching more daytime television than is good for anyone. One programme that caught my eye has been Homes under the Hammer, which has been a popular daytime program since 2003. It is broadcast on BBC1 (currently at 10a.m. this does vary but not by much). The reason for this interest is that I love a bargain, and feel that housing has been overpriced for young people trying to buy their first home for at least a generation now. So any programme that showed a way for people to find the home of their dreams at an affordable price would be of great interests.... However this programme doesn't show this at all (rarely anyway)! What it shows is how to become a landlord, or how to profit from other peoples misery (the houses sold at auction are often re-possessions). O.K. maybe that's a bit of a jaded view, and I must admit the presenters Lucy Alexander and Martin Roberts are pleasant and quite jolly; I rather like them even though I feel I shouldn't. Martin Roberts has actually worked as a property developer (from the 1990s) and he also owns an investment property company, so he does know his potatoes. I am always disappointed when a lovely old house with a big garden is bought to be reduced to a plot of land, on which some shallow money grabber wants to build as many properties as is humanly possible. Or failing that turn the home into a block of flats. I find myself hoping the planning people kick their ass and their plan out to touch. I quite like the fact that Lucy, and sometimes even Martin, occasionally share this sense of loss - that seeing a family home ravaged in this way can create.
The format of the show is fairly simple. Lucy and Martin introduce the program and the concept. We then see two or three, depending on which season of the show is being aired, homes coming 'under the hammer'. We get a little pre auction nose around the properties to be featured with Martin or Lucy. A local estate agent is asked to say how much they think the property is currently worth, and is invited back on the second visit to put a new valuation on the property. We get to share a little in the auction process of the properties, seeing some bids being placed and the final price paid. The properties vary from plots of land, to old commercial units, family homes; old telephone exchange boxes... all sorts. When the auction is finished we get to follow the purchaser in truncated form from auction to finished product including any planning application issues. We don't get to see the actual work being carried out, just a bit of chat about what has or has not been done. One of the presenters, (they each take a different buyer to talk to) meets the new owner at their auction property and has a little chat about what they think of it, and asks what the plans are, how much the new owner thinks it will cost etc. We get a bit of an insight into how likely the presenters think the buyers plans are to come to fruition, and the buyer is asked if the production crew can come back after a certain period, during which it is deemed that they should have had enough time to get finished or nearly finished. Often the project hasn't been completed, but we get to see plans of what it should end up like and an estate agent will value the 'potential' property, or the actual property if finished.
The presenters are always pleasant, and never make rude comments about some of the outlandish plans, or downright rape of a property that some of the buyers propose. Unlike myself, I have developed a worrying tourettes problem when this program is on; my husband sometimes even deigns to hobble out of the room to save his poor ears from my tirade. The program is arranged in such a way that we get to see two auctions and then a finished product, then another auction etc. In this way you don't get the boring 3 (or two) auctions, then the renovation results, all together. The use of music in the program is quite nice and not intrusive. It is usually relevant to the property or buyer, and is often a piece of music that is currently popular. You can often date approximately which series you are watching by the music. Although older songs are used if they are considered more relevant, such as Madness, 'Our House' for a terraced property bought for family use perhaps.
The interest of the program lies in that we get to see whether what the buyer has done increased the value of the property or not, and whether the renovation and or changes make the property look better. Some of the participants do the work themselves, and some employ or even own builders/building companies. Some transformations are quiet spectacular, and I find it amazing that the people concerned have managed to do so much for the budget they claim to have used. I personally would like to see the home part of the show emphasised more, because I love it when someone buys a property they love, and you can see how chuffed they are to have been able to get somewhere out of their normal price range. However these are often the buyers that make least change to the property, as they are buying it to save money. So obviously don't have the money to splash on a spectacular transformation, so doesn't make such an impact. However there are exceptions, when someone buys a place because they love it not necessarily because it's cheap and does a magnificent thoughtful job of restoration. I remember one show where a house was bought in Manchester which harked back way before the days when it was part of a big city. It was a country style house with a beautiful garden. It was bought by an entrepreneurial pair to make a profit, but one of them fell in love with it, restored it, and made it into a beautiful and individual family home for himself. For me that was magic. I have nothing against people making a living from property, it is a career like any other, however I do wish they didn't sometimes seem so money grubbing, and thoughtless in the way they re-distribute, or renovate a property. We do sometimes get to see the nicer side of property developing, not all the commercial buyers are aesthetically lacking overlords. Some do have an altruistic motivation, or want to renovate a property in a sympathetic manner.
On a practical level this program does sometimes come up with some nuggets of useful information about the process of auction, renovation and development. For example, you really do have to have your finances pretty much in place before you bid as you have to complete within a short time; usually about ten days, or you lose the house and your deposit (which must be paid on the day). You can sometimes get an extension to pay, but this usually means a significant amount on top of the purchase price has to be found. There are many other tips to be had in this program too, from decorating options... what is currently fashionable, to whether it is more profitable to convert to flats or house of multiple occupancy. I watch the program as a bit of light relief, but were I to dip into the world of auction property then I could do worse than watch this program to get an initial rough idea of what to expect.
One thing I'd love to do if I had the money would be to property develop. Until then I'll just have to watch the television programmes and watch the people who are doing this already.
Homes under the hammer is on BBC1 (10:00am) every week day. This means I normally end up having to watch it on the BBC iplayer. Which isn't a problem at all; did you know you can even watch bbc iplayer on your Nintendo Wii?
Back to the review: The programme has two presenters 'Martin' and 'Lucy' they are slightly cringe worthy with some of their one liners and the background music on the programme is terrible! I'm trying to think of one example but pinpointing one when there are so many... Ah finally I have thought of one. A couple are going to ask a relative to knock a wall down in the kitchen so they can extend and when Martin asked if the relative had done it before because if he hadn't it could be bye bye Bungalow. Well suddenly 'Bye bye baby by the Bay City Rollers' music started playing in the background. I hope you see what I mean now.
Homes under the hammer shows you around a house giving you the good and bad points and general information that could be very useful if you property develop or even if your just looking into buying a property to live in. I've learnt a thing or two by watching the programme so for that alone it's worth watching. After the guided tour the programme takes you to an auction house where you see the bidders and after the highest bidder wins. The programme takes you back to the house with the winning bidder and they interview them and ask what their plans are, why they made the purchase etc.. the progress is then followed up later on in the programme after it has shown another one or two properties that follow the same format. These properties can be situated anywhere in the country. For example the latest episode on BBC iplayer covered properties in Salford, London and Devon.
I love watching the end of the programme when you see the transformation and local estate agents visiting the house and telling the owner(s) how much the property is now worth. Obviously depending on the situation sometimes people make a lot or very little. Sometimes people don't pay for a survey before bidding on the house and end up in very deep water!
Well it's a television programme so there are no cost implications. I'd recommend watching this programme if properties and auctions interest you.
Homes under the hammer is not something I'd watch every single day. As I previously mentioned it's incredibly cheesy. The programme has huge potential and would probably even be popular if it was broadcasted in the evening but perhaps only once a week. I do think the one liners and the awful music needs to be addressed. They also show a bit at the end when the owner walks round stroking everything they've worked on. For example an episode I watched today showed a young girl who tiled the kitchen, later on in the programme she was stroking those tiles! It's just daft... or maybe I just don't have a sense of humour.
If you've seen the programme what do you think? Maybe you like the jokes, maybe the music makes the programme?
When I am not running around doing the housework in the morning, I like to sit down and watch the occasional programme on telly.
One of the best morning programmes is Homes Under The Hammer, shown on BBC1 at 10am, lasting for 1 hour. What's even better, is right now they are showing a brand new series, instead of the never ending repeats. The presenters of this show are Martin Roberts and Lucy Alexander, both of whom are experienced property developers.
In each episode we follow three different properties. We are introduced to each property, before the auction, by one of the presenters. Most of the properties require a substantial amount of work and the presenter points out the faults and give us ideas on what can be done and the likely costings.
Next we find ourselves in the auction room, where the auctioneer gives his views on each property up for sale. We get to view the bidding and are introduced to the winning bidder. We meet up with the new owner at the property and they explain what they plan to do, how much they will be spending and also how much profit they think they'll make.
Fast forward 8 weeks or so and we get to see the end result. Some of the transformations are stunning, others are hardy noticeable. There are owners who are obviously skilled in D.I.Y. or have hired in professionals. There are others who have 'had a go', but really shouldn't have and the finished product looks like a dog's dinner! It's at this point we learn if the owner managed to stick to their budget or went hair-raisingly over!
Now is the time for the estate agents to pay a visit. They give their view on how well the property has turned out and how much it is now worth. During the property boom, some of the profits were jaw-dropping, these days profits are tight and some inexperienced developers are losing serious money.
This formula is repeated with each of the three properties in the episode.
I really enjoy this programme, I love to see the before and after viewings of the properties and find out if a profit is likely.
I find both the presenters warm, friendly and knowledgeable about the subject and they definately add to the programme.
The only frustration I ever have with this programme, is that many of the properties are unfinished on the second viewing. Some of them have only small touches to complete, but many are empty shells and look worse than they did on the first viewing.
I know there is not much the programme producers can do about this, as they are not in control of the developers, but it does make it all seem like a waste of time!
If you do buy a house at auction and it's going to appear on Homes Under The Hammer, drop everything and get it finished!!!
I really want to see the completed product, but will turn green with envy if you make a huge profit!
Homes Under the Hammer is one of the better daytime television programmes. It is aired at 10am Monday to Friday mornings and is on for one hour.
Martin Roberts and Lucy Alexander host the show travelling the country to show us properties for sale at auction. First of all we get a sneak look at the properties before they are sold. We then go to the auction room to watch the bidding taking place. We then meet the person that purchases the property and get there views and idea of what they will be doing to the property.
The best bit of the show for me is when we get a final look at the properties when they have been done up some of these properties are unreal you couldnt imagine they could look this way.
The programme is a good programme, mostly the houses are bought so people can do them out and then turn them around for a profit but me personally especially loves it when these properties are bought for family homes and they are turned into beautiful places.
I believe anyone that watches this show will like it.
This is a property show with a funny side.
Martin Roberts and Lucy Alexander travel the country showing us properties that are to be auctioned off.
The show is on BBC 1 weekdays at 10am at the moment and it runs for around 60 minutes.
Good to record on sky+ and then you can fast forward the boring bits (im a fast forward kind of person)
We have a guided tour of the property before it goes under the hammer and are then shown the auction.
The lucky winner of the property will be given the chance to tell us lucky viewers what they will do with their wonderful new home.
Very often the people we will see buying the properties are the usual suspects ie property developers but sometimes you will see normal folks grabbing a bargain.
The good bit of the show is when they go back to see what the buyers have done with the property.
Boring bits when they get the local estate agents round, think they should cut this part out.
The funny thing about the show is the music they play throughout the show (you will have to watch it)
If you are thinking of picking up a property at auction I would definatly reccomend watching this first as it is an informative show and will tell you what to look out for in regards to ensuring you read the legal pack ect.
It is surprising how many of the buyers do not actualy look inside the house before buying it (scary)
I want to appear just to see what song they play for me so does anyone fancy loaning me £100,000 to get me started? HE HE
During University terms, daytime television becomes a little bit of a staple for me and this is one program which always seems to be on the television.
Now, i am a massive fan of property programs. I am often found watching things such as Property Ladder and Grand Designs, and i particularly like programs where people take houses and do them up for profit, therefore, it may come as a surprise when i say that i absolutely detest this program.
Firstly, the presenters are so wet that i think that they were most definately fish in former lives. They are so supportive of absolutely everything that any of the developers say it is irritating and sometimes you just want them to show some of their true emotions.
Secondly, the constant puns that are made. If for example, the person who is a developer also happens to be a baker, they will be constantly, and i mean absolutely relentlessly, be making puns about them baking up a profit or something similar.
The thing is, you think that it is only one or two, but it is not, it is always and goes on and on, it just gets annoying.
The one advantage, is that it does follow people from buying houses at auction, and attempting to sell them on for profit. This is slightly different to all the other property programs which does make the basis of the show very interesting. The content is there, unfortunately the presentation is just dyer and it completely ruins the show.
Its on at 10am on a weekday morning so, in my opinion, stay up late, doing whatever you want, and definately have an extra half an hour in bed, because you do not want to be getting up for this.
An injury means that I'm off work at the moment and getting to watch way too much daytime TV for my own liking however one of the slightly more interesting shows to watch is Homes under the Hammer which focuses on properties that are purchased at auction.
You can get some real bargains buying a property this way but there are also a lot of pitfalls as well and the programme does go some way to highlighting such issues and bringing them to your attention. This is to be expected as properties that get sold at auction normally have something aboutthem that prevents them being sold in the conventioal measure although sometimes it is just to secure a quick sale.
Each episode focuses on a couple or more properties, giving an overview of each one and also gettinga valuer in to put a market price on them before showing the auction in progress to see how much they go for, then they interview the buyer to see what their plans are for the property and then they go back a few weeks or months laterto see what renovations they have done and whether they are going to sell it on or rent it out.
The show airs on BBC1 and the two presenters are Martin Roberts and Lucy Alexander, both do a good job and are enthusiastic and knowledgable, I like the way that Alexander conducts herself on the show and she talks a lot of sense. Roerts is a nice steady pair of hands and has an interesting comfortable manner on camera.
Homes under the Hammer is a mid morning reality tv show of sorts. It focusses on a slightly different side of the house buying process, purchasing property at auction.
Each show follows between 3 and 6 properties which are up for sale. The presenters go into a bit of background on the property, explain unusual features and the potential for the house. Each house tends to be given a theme music based on the funky retro wall paper, wonky floors or similar, which is handy as it seperates out the properties featured.
We see the bidding process, then have an interview with the purchaser who explains their plans. The presenters return after 3 months to see the changes made to the properties.
Most of the properties are bought by developers, however there are some lovely heart warming stories of struggling first time buyers, and young families desperate for a place of their own.
I like this show as it is honest about the property market, accepting the falls with the rises, and the chances people actually have of sticking to their budgets or making the desired profit or even just about their timescales.
As someone considering buying his first house this also helps me understand the process of buying at auction, and gives me more confidence on purchasing and undertaking renovations.
This show airs on BBC1 at 10am currently. It has been running since 2003 and its main presenters are Lucy Alexander and Martin Roberts, and I have read that the series is the BBC's most successful show that has been shown in the 10.00am slot, regularly attaining a 30% share for new episodes which is testiment to it's success!
Each episode of the show follows several properties which are previsited by one of the presenters and evaluated, then a local estate agent comes and values the property and gives it an auction guide price.
It then goes to auction, sells then we meet the buyer and discuss their background and any future plans for the house, toward the end of the show it shows what they have acheived to date with their property auction purchase.
Although it must be nerve wracking, people seem to be really calm about bidding for their future home or project, buying a property at auction now seems very popular, and this show provides the low-down, giving you all the know-how you need to know before you raise a hand!!
The presenters are lovely and seem to be very knowledgeable about their chosen field which makes it a pleasure to watch. They are clearly passionate about what they do.
The format is enjoyable and good to watch.
Now in it's sixth year and with 12 series already recorded and a further 160 episodes being filmed over the next 2 years, Homes Under The Hammer continues to be one of the most popular BBC1 daytime shows and quite rightly so!! Good to while an hour away with.
Homes Under The Hammer is just one of many property programmes on TV at the moment. There are some which look at home disasters, and therefore the DIY side of things, some that look at renovations, and this one looks at properties that have been bought at auction.
Presenters Martin Roberts and Lucy Alexander focus on a few auctions each show, following the bidding, and then telling us a little about whoever has bought it. They then interview the new owners to find out what they intend on doing with the building. Most of the time, it involves some form of renovation, but it interesting to see the wide range of intentions, such as letting, selling on and keeping as a next home.
The presenters do a good job by mainly letting the new owners and the visuals take over. They do have voice overs which link the pieces together and it keeps things flowing nicely. Overall, I would say that the programme is one of the more interesting ones out there, and I find it quite inspiring. There is often deep analysis of intended costs and eventual costs, showing that not only is it wise to set a budget, but also that unforeseen occurrences can happen.
What the show also does, which I like, is wait until renovations have been done, and then invite local estate agents to come and value the property. This is then compared, by the agents, to how the propert was before, and the prices are also compared.
The majority of the time, improvements are made, and things go according to plan. The presenters do get a chance to show that they do know what they are talking about, and they aren't just on the show for their presenting skills. They examine the properties beforehand and then let the new owners tell them what they're planning to do.
In terms of a property programme, it's probably one of the more entertaining ones. It does make me want to renovate and improve my property and move house and turn my focus onto the property market. In this respect, I think the show does its job. It currently airs weekdays on BBC1 between 10 and 11 am. I recommend watching it.
Homes under the hammer is a TV programme on BBC.
In this show first the two presenters look at a property, each. They are usually really run down and in poor condition but there are some exceptions to the rule. They point out the good and bad points of the properties, sometimes they find serious problems for example with the structure but other times all the property needs is a makeover.
After they view the properties they attend the auction in which the property gets sold, then they meet the new owners who have bought the property and learn about them and what there plans are for the property. This can get a little long winded and you just want them to shut up! The new owners also tell them there proposed budget for the work which can be any from £200 to £100,000 or sometimes more.
Later in the show they revisit the properties to check on the progress made by the owner, usually the property has been transformed from its dilapidated state into a dream home but sometimes all they come back to is a building site which can be disappointing. They bring in the estate agents to give a valuation of the property in its current state and nobody ever makes a loss. You can make from a couple of thousand pounds all the way to a million for some of the more ambitious projects.
Watching this show is entertaining and at times really makes me want to go out and do some property developing of my own as there is some serious cash to be made!
The show has recently been condensed to a 30 minute programme but the properties they look at have been downsized from four to two which I think is good as it is a bit repetitive if you watch it often.
You can catch Homes under the Hammer at 11:00 on BBC1 most days and also on the BBC iPlayer.
I first saw this programme a few years back when a presenter called Lucy Alexander caught my eye. The program is on mid morning on the bbc and has been running since about 2003.
At the time it began, buying properties at auction and then modernising them was very popular, especially those who wanted to keep them as part of their pension pot. As somebody who has been involved in buying houses myself, I know that it isn't as easy as people think, and the show trys to highlight this.
The show airs for an hour and usually targets 3 properties. These properties are houses or properties which require modernisation of some kind, or have structural faults. This is were the co-presenter Martin Roberts, who always seems to dress immaculately, points out to the viewers certain faults and what he believes is required to bring the property to a habitable condition.
He will then follow these properties to auction. In the show you'll actually see the cameras in the auction house, and the people bidding for the properties concerned. It normally follows up with an interview at the property they had just won, asking what they expect to spend as a budget. They then call back in a few months time and see what work has been done. They also ask an estate agent to revalue the property. In the past this has usually meant that the buyer has made a huge profit. That was before this recession though!!!
This program has made well over a hundred episodes and has been very successful with the day time audience. It is a very light hearted program and is well presented. I must admit though that it is a program I can give or take. An hour at the beginning of the day is something I rarely have spare, so it is something I usually have on, whilst doing other things.
As for recommendation. An average type of programme if you haven't got anything else to do.
'Homes Under The Hammer' is undoubtedly one of the most popular daytime television shows currently broadcast. Presented by the likeable pair of Martin Rogers and Lucy Alexander, the show is on at 10am every weekday on BBC one; it's clearly a hit as it has been running since 2003. As you can probably guess by the title the series is all about property and concentrates only on ones purchased through auctions. The first part of the show sees the presenters guiding you around the property, pointing out the flaws in it, the things which need improvement and also some of the good features, but there tends to be more bad than good. From here we go to the auction room and meet the person who finally ends up purchasing the property. We find out who they are, what they do (generally property development, but some people have it as a side hobby) and how much they actually ended up paying; the key piece of information I suppose in a business which is all about making money. The new owner then guides us through the property again, but this time tells us of their plans, how much they are likely to spend, the time it will take to put these changes into place and how much profit they hope to end up with.
Generally, the team track about three developers per show and re-visit these properties towards the end of the show. Two local estate agents visit the newly regenerated properties and revalue them. This gives the owner a genuine idea of the profit they could make when selling the property. However, they don't always make profit and some encounter some serious problems along the way as they didn't do as much homework as perhaps they should have done into the property before purchasing at auction.
Apparently, most of the viewers of this show are university students, probably because it coincides with the time they're getting out of bed. I can vouch for this as I used to watch the show pretty much everyday when at university unless I had to go in early!
I do love this show as the presenters are great and the format is excellent and very interesting. However, there are certain things I don't like, these include that the show makes the property development industry seem very fickle and an easy way to make money, which I don't really think is true especially with the current economic climate. Also, the BBC are currently showing a lot of repeats of the show and not making many new episodes, this is quite frustrating as the value of the properties illustrated in the show are out of sync with current prices.
Overall though it's a superb show and one that I would definitely recommend. Thanks for reading, feel free to comment on any aspect of my review.