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AUCTION FINANCE
Key Uses
No valuation needed
NO minimum loan size
(Loans considered up to £2 M)
No minimum loan term (up to 18 months)
Up to 75% LTV (gross) on purchases
Up to 70% LTV (gross) on capital raise and re-financing
Highlights
* Auction Property Purchases *
Fast funding for properties won at auction, meeting tight completion deadlines
* Un-mortgageable properties *
Buy properties that require work or don't qualify for traditional finance
* Cash buyer advantage *
Secure deals as a cash buyer, with backing from bridging finance
* Value-add opportunities *
Acquire assets for refurbishment, resale or refinance at a higher value
* Pre-approved funding *
Get terms agreed before the Auction to bid with confidence
Interest Rates starting from 1.05% per month
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