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Auction property finance
If you have, or are considering visiting a property auction to see exactly what type of properties are available to hopefully buy cheap, there is nothing worse than seeing a bargain that is well within your price range without having the finance in place. This could force you to miss out on this investment opportunity.
Bridging The Finance Gap can offer property auction finance in the form of secured bridging loans can help solve this short fall.
Applying for a mortgage through normal channels is pretty time consuming. When you are at auction, you need to know that the commercial funding is in place. This is here we can help. You can apply for bridging loans through us immediately before you leave for the auction, whilst you are at the sale, or even after you have bought the property.
We will use the property you have, or are thinking of buying as the security for your short term loan, or you can use another property, the choice is yours. Simply give us a call on 020 8905 7777 whilst you are at the auction or use our online enquiry form now.
It is easy to manage the bridging loans too. Just pay a monthly interest charge until you have sorted out your mortgage or whatever funding you are thinking of using long term to finance the house, then clear the full amount with no early repayment penalties.
There are many reasons you may be in need of finance to use at a property auction. It may not just be for the purchase of a new home. You could need property development finance, so you can re-develop to sell on a profit, or to lease out.
You may also prefer commercial property finance, we can lend for any type of property purchase or renovation.
Or it could be you investment property finance, what ever reason you need UK auction finance quick; we can help you bridge the short term gap.
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* The above information is for guidance only. Our rates and criteria are subject to frequent change due to variations in market conditions. Please contact us direct for the latest information.
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