Auction finance is a service provided by specialist lenders to auction buyers. We work with two specialist suppliers who provide short term finance, bridging loans, commercial finance, buy-to-let mortgages, and secured loans. Auction finance can help all types of people in a variety of situations, by providing the finance needed to move in, move up, get on or start something. Home buyers, landlord investors, property professionals and small businesses are regular users of auction finance.
Money is made available extremely quickly and fits neatly into the purchasing timescales of auction buyers. Loans are secured against the property being purchased or other property assets so status enquiries are less onerous and borrowing can often be confirmed within hours. Auction finance companies can lend to those who are employed, self-employed, limited companies, limited liability partnerships, sole traders, and partnerships. They are also very flexible about the types of property you are looking to purchase and circumstances of your purchase.
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Similar Questions
- I’m not a cash buyer. Can I still buy at auction?
- What payment methods do you accept?
- If I buy a property, what do I need to pay and when?
- How long do I have until I need to pay the remainder of the money?
- What penalties are there if I cannot complete the purchase?
- When do I pay my deposit?
- Can I buy at auction with a mortgage?
