Secure the funds you need quickly with our flexible auction finance solutions. Benefit from automated valuations, competitive rates starting at just 0.55% per month, and fast approvals. Whether it’s a residential or commercial property, we offer bridging or term options tailored to your needs. Let us help you win that bid with confidence!
Once you’ve successfully bought a property at auction, you’ll have up to 12 months to repay your auction finance. You can either sell the property or refinance it with a long-term mortgage, ensuring financial flexibility. At Auction Finance, we can help with this process, offering tailored refinancing options to suit your investment goals.
Ideal for residential investment properties, enabling you to secure long-term finance while generating rental income.
With fewer buyers than in traditional sales, you’ll have a better chance of securing the property you want.
Designed for semi-commercial, commercial properties, or land purchases, helping you transition to long-term ownership.
You can see and respond to bids in real time, giving you full control over your auction strategy.
Auction properties often sell for up to 30% less than through estate agents, making them great for bargain hunters and investors.
Bid by proxy, phone, or online—ensuring you can participate, no matter your circumstances.
At Auction Finance, we offer a range of flexible financing options designed to suit various property investments. Our auction finance solutions allow you to leverage up to 85% Loan-to-Value (LTV), with interest rates starting from just 0.43% per month. We consider first, second, and third charges, providing terms from 1 to 36 months, ensuring you have the right support for your investment. Our completion timescale is swift, ranging from 5 days to 3 weeks, so you can act quickly when opportunity knocks.
At Auction Finance, we understand the urgency of securing your total purchase cost before entering the auction room.
That’s why we’re here to help you arrange your mortgage in advance, ensuring you’re fully prepared to bid confidently. With our swift financing options, you can complete your purchase within the required 30 days after winning your bid, allowing you to focus on the auction itself.
We’ll guide you through the process, ensuring you have the necessary funds available for the 10% deposit as soon as your bid is successful. By partnering with us, you can avoid the severe penalties associated with incomplete purchases, including potential resale costs and daily interest. Let us support you in getting your finances ready, so you can bid with peace of mind and secure your next investment!
At Auction Finance, we’re dedicated to making your auction financing experience seamless and successful. Our expertise and tailored approach ensure that you have all the support you need, from the initial planning stages to securing the right funding for your property. By following our step-by-step guidance, you can navigate the application process with confidence and clarity.
We help you identify your ideal property, understand your budget, and determine how much you need to borrow, ensuring you’re fully prepared before applying.
Our team will guide you in gathering essential documents, such as your exit strategy, proof of deposit, and refurbishment plans, to streamline your application process.
Speak with our experienced auction finance brokers who specialise in this area. We’ll discuss your unique circumstances and options, maximising your chances of securing the best deal.
We assist you in understanding and selecting the right auction finance product, considering the overall cost and potential hidden fees, so you can make an informed decision.
Auction finance may be the ideal choice if you want to buy a property at auction but have your working capital tied up in existing investments. It also works well for expanding your property portfolio, even if most of your capital is committed elsewhere. Keep in mind that your credit history will be considered when applying for bridging finance.
Yes, if your business can meet its financial obligations, it’s eligible for auction finance. Whether you’re a sole trader, partnership, limited company, or start-up, we offer various financing options to suit your needs.
In addition to the interest on your loan, you may encounter several fees:
Lender Arrangement Fee: Typically 1-2% of the loan amount, paid on completion, and often added to the loan.
Lender Exit Fee: May apply when repaying the loan, usually equivalent to one month’s interest.
Broker Fees: While we don’t charge for arranging auction finance, some brokers do, generally between £500 and 1.5% of the loan amount.
Valuation Fee: May include costs for a chartered surveyor’s inspection, though electronic valuations can save you money.
Legal Fees: Costs for solicitors handling the legal work, covering both your and the lender’s legal expenses.
Yes, auction finance is a fast way to secure funding for your property purchase. Applications typically complete within 5 to 21 days, with many being finalised in 7 days or less where possible.
