REDC, a US auction house is to auction 500 repossessed homes in England, Wales, Scotland and Northern Ireland at five separate events running from March 31 to April 5. Going head on with the major UK auction houses REDC is pushing this first round of UK auctions with a massive marketing campaign and l TV, press and outdoor advertisements. “We’re truly honoured and excited to take our world-class operation to the United Kingdom,” says Jeffrey Frieden, CEO and co-founder of REDC and AuctionToday.co.uk.”

“While it’s troubling that people have lost their homes to repossession, many others are realising their dream of owning a home through the REDC auction process.”