AUCTION LOANS UK
Auction Finance is a very specific type of Short-Term Loan that is geared specifically towards the acquisition of property and similar assets at auction.
When you’re involved in auction buying, you need to have the full security and peace of mind that the finances are sorted, and you have the means to act, bid and buy.
When the hammer goes down at auction you are usually expected to pay at least a 10% deposit on your new property straight away, then the balance of the purchase price within 20 days.
That’s why it is important to have the right finance and the right team in place when you go to auction. We will lend up to £1 million for your property auction needs as well as place our expert team at your disposal.
Once your loan application is approved, our expert team will work to the timescales you need so that you can move swiftly and decisively to successfully complete your deal.
Get in touch with Bridge Help’s expert team today for specialised Auction Finance when you want to make the most of commercial land and property opportunities.