Landmark Auctions has launched its new services offering residential and commercial property, development, investment and land through in-house, online and live streamed auctions across the country.

Landmark Auctions held its first auction at the end of May with a number of lots selling under the hammer, including a family home in Essex which sold for 20% over its guide price.

Based in Hertfordshire, the company is operated by Tommy Hughes, who has worked in the property industry for more than 25 years.

He said: “The pandemic has had a significant impact on the auction market and changed the way many people prefer to buy and sell property, from the comfort of their home. Lockdowns meant we were seeing live and online conducted auctions only, attracting thousands of people and generating hundreds of sales.

“This trend will last which is why we are offering online access to all our auctions as well as the more traditional in-house approach.”

Landmark Auctions plans to hold five further auctions over the coming months. The next sale is set for 22 July.