Auction Finance

Are you looking to purchase your next auction property? Knowing that you have finances in place to complete the purchase will ensure you are able to bid with confidence.

Have you seen a property at auction which you think would make a profitable investment?

Did you know, at auction, you are required to pay a minimum 10% deposit on the day and sign a legally binding contract to settle the balance within 28 days?

When this occurs, an auction purchase bridging loan can be preferred and is a quick solution to bridge the gap until a longer-term refinancing solution is arranged.

We will assist you in raising funds against your next auction purchase and give you the confidence to bid as you enter the room.

We offer auction purchase bridging loans against the following properties:

- Investment property (houses or flats)
- Land (with or without planning)

The type of security and the overall LTV are factors taken into consideration when calculating our monthly interest rate we charge.


Our rates are between 0.85% to 1.12% per month.

Unlike other lenders, we do not take upfront charges from borrowers such as administration or valuation fees (at enquiry stage) nor charge any exit fee at the end of the loan term. There are however certain fees which are deducted upon draw-down from the loan such as:

- Legal fees. 
- Valuation fees.
- Arrangement fees.

These are deducted from the loan amount upon draw-down.

We try to complete the loan within a window of 21 days (however, this can take longer depending on the complexity of the security)


Your dedicated account manager will help discuss the loan application with you and will keep you updated during the application process.

02381 277030

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Warning: Please note that the property that you offer as security to acquire your loan may be repossessed and sold in the event of default. Please refer to our page ‘Borrowers’ for more information on the checks we conduct on borrowers.