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Auction Finance

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

Excellent

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346 reviews

Lenders

52

Money in

7 days

Rates from

0.42% PM
Typically no broker fee. Save between £500 - £2000
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 Started Now

Excellent Service

Don't just take our word for it. See what our customers are saying.

Rated 5.00 stars out of 5
4 days ago
Chung

Extremely happy with the helps from Mr Paul Misner.

Rated 5.00 stars out of 5
12 days ago
Anonymous

Very good service throughout would recommend as they offer good customer service , and is good knowledge of the products they offer

Rated 5.00 stars out of 5
16 days ago
John Tracey

Would like to thank Gillian Brooks for her hard work and knowledge in sourcing me a great deal on my Ltd Co BTL first charge. Highly recommended and will definitely use her expertise in the future.

Rated 5.00 stars out of 5
19 days ago
Anonymous

Jodie was very helpful and willing to the extra mile

Rated 4.90 out of 5 based on 346 reviews

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.