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Relax, our advice is free
If you’re trying to buy property at auction without being a cash buyer, you’ve probably discovered that most lenders simply can’t move fast enough. Maybe you’ve found a brilliant investment opportunity going under the hammer, but you need finance to make it happen.
But when you approach traditional mortgage lenders, they laugh at your timeline. Twenty-eight days to complete? Their standard process takes three months. You’ll lose your deposit before they’ve even ordered the valuation.
The problem is that standard mortgages aren’t designed for auction purchases. Banks need weeks just to look at your application, then more weeks for valuations, surveys, and legal work. By the time they’re ready, the opportunity’s gone.
We work with specialist auction finance lenders who understand the speed and certainty you need to buy at auction successfully.
These aren’t traditional mortgage lenders trying to rush their normal processes. These are specialists who’ve built their entire business around the 28-day auction deadline
We know which lenders will:
•Provide proof of funds letters before the auction
•Make lending decisions in 24-48 hours
•Complete within the 28-day deadline (or extended if negotiated)
•Finance properties needing renovation
•Lend on unusual properties that banks won’t touch
•Work with light refurbs or complete gut jobs
•Bridge the gap until you get a mortgage
Please note: Not all services we offer are covered by the FCA.
Yes in fact, most auction properties need some level of work.
We have lenders who specialise in uninhabitable properties, those requiring structural work, or properties without kitchens or bathrooms.
Some lenders will even release additional funds during the loan term to cover renovation costs.
Yes. We arrange auction finance for properties across England, Wales, and Scotland. We have lenders who’ll consider properties in any location, including rural areas and those without standard access.
Speed and choice. We have relationships with over 180 lenders & providers, some of whom don’t deal directly with the public.
We know which lender suits which situation, so we can get you an answer faster than if you approached lenders individually.
For auction purchases where time is critical, this can make the difference between completing and losing your deposit.
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