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Auction Finance

Let us help you find the cheapest, fastest most flexible auction finance lender.

Frequently Asked Questions

Excellent

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533 reviews

Lenders

52

Money in

7 days

Rates from

0.42% PM
£795 fee. Payable on acceptance of decision in principle
Residential bridge rates from 0.42% per month
Residential investment term rates from 2.89% per annum

How It Works

With our simple form, case management tools, and expert advisers; finding funding has never been simpler.

Complete online enquiry

Let us know about you and what you would like to achieve.

Indicative quote

Your assigned adviser will issue an indicative quote.

Offers from lenders

Review your offers and choose the best for you.

Lender chosen

Valuations are conducted, formal offers made, funds are drawn.

Get Quote

Frequently Asked Questions

Need answers? We got 'em.

Auction finance enables property developers to secure a below-market-value property. It is designed to work with the timescales that the auction houses offer to complete the purchase of a lot.

Most auction houses offer 6 weeks from the hammer to complete the purchase of a lot. Some only offer 4 weeks. Our auction finance providers are aware of the need to move fast. To speed the process up some bridging lenders will not even require a valuation prior to completion.

Auction finance is designed to work with the timescales that the auction houses offer to complete the purchase of a lot.

They will either instruct a valuation quickly or visit the property themselves and come back with a decision. Some lenders will lend on the basis of the auction value and then complete the valuation post purchase.

We can organise speedy finance for auction purchases. In most cases no proof of income is required, simply proof of deposit funds. Our lenders can move fast allowing you to complete in the time required and avoid losing your deposit.

Some lenders will provide funds to buy a property, and advance funds to renovate It if required. The level of renovation required is classed as either light refurbishment (no major structural changes) or heavy refurbishment (movement of internal walls/extensions). Depending on the level of work required there are different products which will suit a borrower’s needs. You can then either sell it hopefully for a profit, or we will arrange long term finance for you to rent it out.

Unlike a term mortgage this type of funding doesn’t focus on the affordability of repayments, as no repayments will be made until the end of the term when the full balance plus interest will be due. The focus is simply on the value of the asset and the loan made against it. To some extent the credibility of the property investor also plays a role.

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Excellent Service

Don't just take our word for it. Read our latest reviews.

Anonymous
Rated 5.00 stars out of 5

Iain has been fantastic from start to finish. Right from the off the process of information gathering was painless and he managed to find and recommend a number of mortgage options that suited my needs. He was a very helpful hand even towards the end of the process and was a great link between myself and the mortgage provider.

Patrick Oliver Hughes
Rated 5.00 stars out of 5

Amanada Worthington at B2B is fantastic and I would highly recommend her services. Great contact and I can speak highly enough of her.

Pavan
Rated 5.00 stars out of 5

Jayne has simply been fantastic! I needed some urgent funding which had to be completed within a certain time period due to a court order, otherwise I would have lost the opportunity. Jayne pulled out all the stops and managed to secure me a very competitive deal. She continued to provide amazing support through the entire process and often pic...

Elmar
Rated 5.00 stars out of 5

Due to a somewhat complex initial situation, it seemed difficult to obtain financing or no mortgage broker was really interested in dealing with my case. Then I met Tim. From the first moment I felt that someone was actually listening to me and had an interest in supporting me. Tim was amazing. The communication was extremely good and everything wo...

Anonymous
Rated 5.00 stars out of 5

Dealing with Amanda Worthington is very simple and fast service, Amanda always very helpful, Highly recommended.

Mandeep Dosanjh
Rated 5.00 stars out of 5

Amanda Worthington you are just amazing. I am so so happy we got service by you. I can’t explain how helpful you are .you are too good for your job. Thank you so much for everything.

Rated 4.90 out of 5 based on 533 reviews

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

About Us

Legalwebb UK Ltd T/A B2Bfinance.com is authorised and fully regulated by the FCA. Ref: 734694.

B2Bfinance.com operates as a commercial finance broker and is not a lender. B2Bfinance.com is a full member of the financial intermediary and broker association (FIBA) and operates under its code of practice.

Contact Info
  • 0116 298 7376
  • info@b2bfinance.com
  • B2Bfinance.com, 169 London Road, Leicester, LE2 1EG
  • Monday - Friday, 9am - 5pm
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