Buying a property at auction, and need auction finance?

Auction finance is used to raise capital quickly to complete the purchase of a property bought at auction. Once making the winning bid, typically, you have up to 28 days to complete. Auction finance is used to give the borrower more time to source a longer term solution.

At The Finance Company, we are simplifying finance. We provide our clients access to the best deals. We have years of experience so we understand that auction finance is required in a short time frame. We tailor every loan to our clients to ensure you get the most appropriate package within the necessary timeframes.

 

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Borrowing and Property
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Thank you for your enquiry. We will be in touch ASAP.

 

Why choose The Finance Company?

We’re a brokerage that removes the complicated processes of finding finance making it simple for you. Our team of experts approach every enquiry with the same thoroughness to get you the best deal. We have a large panel of lenders who range from high street banks to specialist finance lenders with whom we have relationships to get you the solutions to your finance needs.

Experience
35 years experience of lending
Scale
Not restricted in any shape or size, we’ll help you get the funding you want
Tailored
We'll look for the best package for you
Passion
A broker for life
Simple
We make finding finance simple

What is auction finance?

  • 1
    A short term, fast and flexible finance solution
  • 2
    Loans from one to 24 months
  • 3
    Bridge the gap between purchasing property and sourcing long term solutions
  • 4
    Available for auction property purchases
  • 5
    A type of bridging loan
  • 6
    Residential and commercial property finance

 

Frequently asked questions:

1. What is auction finance?

Auction finance is a type of bridging loan. It is used as a short term solution to give the buyer time to find a longer term financial solution. Those buying at auctions need 10% of the purchase price as a deposit and then typically have 28 days to pay the remainder. Auction finance is quick to arrange and can complete within the required timeframe.


 

Contact us

Talk to a member of the team now.
Simply get in touch using the details below.

Or, complete our quick online enquiry form to receive a callback.

Phone: 0800 031 8829
Email: [email protected]

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