There's no doubting that things are slowing down on the housing front. Sales aren't happening quite as quickly and prices are staying stable in some places and dropping in others – Central London being the only notable exception. Economists are predicting a further slow-down in the housing market over the next 2-3 years, so is now a good time to sell and if so, what's the best way to do it?

Why choose a property auction?

A property auction may not sound like a great way to sell your home, but if you're under time pressure or you've had your house on the market for a while with no luck, it could be an ideal option for you. Don't forget that along with the slow-down in the housing market, the much-talked-about credit crunch is likely to hit hundreds of thousands of homeowners over the course of 2008 and into 2009. There are many reasons for this, but the one that homeowners are particularly vulnerable to is mortgage interest rates. Many homeowners are coming off fixed interest rate mortgages over the next twelve months and will find themselves having to pay more for their monthly mortgage repayments than they're used to. For some, who also have consumer debts such as credit cards and loan agreements, money could become very tight, and selling the property is the only option. A property auction allows you to:

• Sell quickly – selling via a property auction means that you can sell far more quickly than through an agent, giving you the money you need to sort out your finances and buy something more affordable.

• Reach dedicated buyers – an online property auction can reach hundreds of dedicated property investors. These potential buyers are already registered and may be looking for property specifically in your area, or for properties like yours across the UK.

• Fast-track legal process – as a member of a property auction site, you can access dedicated legal advice, helping your sale to move quickly.

• Save money – because you're not paying an estate agent to sell your home for you, you don't have to pay a fee once you have the money. An online property auction with Discount Property Auction will only cost you £30 – and that's just for the Land Registry fees.

If you need help to get a faster sale, want to sell and rent back or are looking to buy a property at auction, contact Discount Property Auction. We're committed to helping you, whatever your circumstances. If you want to sell your home, you can use our dedicated online auction facility, which allows you to upload your property yourself and put it in front of genuine, interested buyers. Call us now on 0800 1313 999 or email admin@discountpropertyauction.co.uk.