SDL Auctions, the UK’s largest auction network outside of London, has topped £100 million in sales so far this year following a successful calendar of four auctions last month.

SDL Auctions, comprising SDL Bigwood in the West Midlands and SDL Graham Penny in the East Midlands, raised over £17 million at its four auctions in Birmingham, Derby, Nottingham and Leicester last month taking the total raised for the year so far to more than £108 million.

Rory Daly, auctioneer and chief executive officer, said: “2016 has been such an exciting year for us. Both Bigwood and Graham Penny has joined the SDL Group and we’ve had some exceptionally good results in our auction rooms, as is demonstrated with this fantastic total sales figure.”

Andrew Parker, auctioneer and managing director, added: “The property market has definitely seen some bumps in the road this year – with the stamp duty changes in April and then the Brexit vote in June. However, it’s great to see that the market is bouncing back and our buyers are remaining confident and coming in their hundreds to our auction rooms.”

Formerly CP Bigwood and Graham Penny Auctions, SDL Bigwood and SDL Graham Penny joined the SDL Group in early 2016, making the SDL Auctions network the fourth largest in the UK and the biggest outside of London. Only last month SDL Auctions was shortlisted for next month’s property “Oscars”, the Negotiator Awards in the Auction House of the Year category and the teams are currently launching new auction centres in Coventry and Stoke.

To request a free auction appraisal for the next West or East Midlands auction visit the website at www.sdlauctions.co.uk