The ideal short-term lending facility for those wishing to buy property at auction, is Finanta's auction finance bridging loan. Buyers should be aware that property sold at auction has highly restrictive timescales and deadlines – you’ll have just 28 days in which to complete your purchase, and there’s the 10% deposit that is payable on auction day too! Don’t despair, Finanta have you covered!
With our in-depth knowledge of the bridging
finance sector, our highly efficient loan specialists will be happy to discuss
your funding requirements and obtain financing for your auction purchase at lightning
speed – we make an immediate decision, provide initial terms within 24 hours,
and in most cases the loan process will complete within 14 days.
No early repayment fees
Loans can be sanctioned within 48 hours
Option for dual legal representation
Adverse credit considered
Whether you are looking to secure funding for land,
commercial, semi-commercial or residential auction property, Finanta can
provide an auction finance solution for the following types of
Our auction bridging finance is available for individuals,
trading limited companies and SPV (special purpose vehicle) limited
companies. We will also consider those
with no credit, bad credit, CCJ’s, arrears and defaults, and can arrange this
type of purchase at auction loan even if you have previously been declined funding
elsewhere – our creative funding solutions are developed by a highly motivated
team who guarantee we will find the right lender to meet your loan requirements
Get in touch with the bridging finance experts at Finanta to
guarantee funds will be available for your next property purchase at
auction. Call us now on 0203 780 7610
Talk to us today to discuss your short-term funding requirements.