Fast finance for your Auction property.
Buying at auction can be immensely rewarding, though you will often have little time to arrange the finance you require for your purchase. A bridging loan can be arranged, subject to criteria so that you can complete your purchase quickly, often within 24 hours of the hammer falling. Most purchases at auction have a completion deadline of 30 days, so it is vital to ensure that you use the right lender to arrange this finance.
Up to 100% of purchase price is possible if the property used as security is bought at significantly below market value. Some of our lenders will lend against the open market value instead of the purchase price!
- Decisions in Principle in 1 hour
- Money available in 24 hours
- Up to 100% of purchase price possible (for property bought below market value)
- Flexible criteria
- £15,000 to £10,000,000
- Auction Loan Rates from 0.95% per month
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