Auction

Property Bridge

Bridging loans for auction purchases let you bid with confidence. Knowing that you have access to the funds as you make the winning bid is liberating, and a bridging loan gives you the freedom to make your move.

Loan Terms

Bridging loans can be arranged quickly, filling in the gap between the auction purchase and incoming finances.

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  • Interest Rate
    From 0.69% Per Month
  • Max Loan
    £3,000,000
  • Minimum Loan
    £300,000
  • Max Loan to Value
    75%
  • Term
    3 to 18 Months
  • Arrangement fee
    2%
  • Early redemption
    Never
  • Admin fee
    No
  • 2nd charge Max LTV
    60%
  • 2nd charge Rate from
    0.9%

About our loans

Auctions can be a thrilling experience but without immediate access to the necessary funds, you could be forced to pass up on the property. With a bridging loan, you can bid with confidence knowing you will not lose any deposit fees and can see through buying the property.

Bridging loans are simple, short-term loans that cover an auction purchase or the deposit due after making a winning bid. It means that you can walk away from the auction room with a new property, either paid for in full or with the deposit covered, while you wait for your main funding to come in.

If you’re selling a property to fund the purchase or waiting on a mortgage, a loan can give you up to 18 months to get your funding rather than one.

Case Study
"We are on hand to our client where on a monthly basis we can provide an AIP within a couple of hours so that he can bid in the auction with confidence knowing the funding is available to come through within 28 days"
Buy-to-let high net worth investor
Term: 9 month (Av) | Rate: From 0.75% pm (Av) | Application Time: 1 month (av)