4.97 out of 5 based on 2,400+ reviews
4.97 out of 5 based on 2,400+ reviews
Auction finance gives buyers fast, short-term funding to meet the strict deadlines auction houses set, so you can bid with your finance already in place.
Rated 4.97 out of 5 from 2,400+ reviews
Gain peace of mind and complete confidence in your property auction purchases with expert financial guidance. From bidding to buying, renovating, or selling, our consultants provide tailored support at every stage of your auction journey.
Auction finance is a form of short-term funding specifically designed to facilitate property purchases at auctions. Unlike traditional mortgages, which often take weeks to arrange, auction finance allows buyers to secure funds quickly and meet the strict deadlines imposed by auction houses.
Typically, winning bidders must pay a non-refundable deposit, often 5% of the purchase price, on the day of the auction, with the remaining balance due within 28 days. Arranging finance ahead of time ensures you can confidently bid without risking lost deposits or missed opportunities.
Auction bridging loans are a specialised subset of short-term commercial finance. They are designed to give buyers rapid access to funds, providing peace of mind that a winning bid can be honoured without delay.
The Financial Conduct Authority does not regulate some aspects of Bridging Loans
Your home or property may be repossessed if you do not keep up repayments on your mortgage
If you successfully win the auction, a non-refundable deposit (typically 5%) is due immediately. Full payment is usually required within 28 days. Bridging finance is often the most practical solution due to the strict deadlines and fast completion times.
Navigating property auctions can be stressful without expert guidance. Our specialists:
Your home or property may be repossessed if you do not keep up repayments on your mortgage
The Financial Conduct Authority does not regulate some aspects of Bridging Loans
Most bridging loans are short-term, ranging from 1 to 12 months, and are designed to be repaid via refinance, resale, or sale of another property.
Whatever your situation, our premier mortgage team can advise on suitable solutions. We specialise in complex and bespoke mortgage solutions to help you find competitive terms.
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