Auction Finance and Mortgages

Quick decisions to let you buy at auction with confidence

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Auction loans from £50,000 to £10m

A large range of finance to get you started
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1st and 2nd charges available

2nd charge on an existing property only, if used as added security
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Terms up to 24 months

Flexible terms to fit your unique circumstances
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Up to 100% LTV mortgage

With additional Security
Get auction finance now
Apply online
or call our team
on 020 8142 8680

Using quick auction finance now

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Quick, hassle free auction finance - same day decision in principle
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UK wide coverage - Regulated and unregulated finance available
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Experienced with mixed use and distressed properties
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Access to senior and mezzanine funders

Used and trusted by UK businesses, just like yours

Click here to read more

Your auction finance questions, answered

Auction finance or a property auction loan is designed to enable potential auction purchasers to act quickly and complete within 28 days from the auction.

A loan for an auction property can be used for properties that are both habitable and not currently habitable (i.e. no kitchen or bathroom).

 

 

  • The auction sales particulars
  • Outline of how the auction finance will be repaid (e.g. sale or refinance)
  • Purchase property address
  • Details of the buyer (either yourself, or, your company)
  • Details of the deposit amount you have available towards the purchase

You will need to know the cost of works to make the property habitable and the end value once works are done. Lenders will need to know your exit strategy for the property, i.e. how will the auction loan be repaid.

1 Fill out the form in less than one minute, with some basic information about your business and how much money you need.

2.  A dedicated advisor will be in touch with you within 24 hours, between our working hours of Monday – Friday taking the time to understand your specific requirements. We will then request a few more details from you.

3.  With direct access to 150+ lenders we will then find the best deal for you. With no fee charged unless we have successfully supplied you with funding.

There are more than 150 specialist property lenders, each with their own rates, credit appetite and geographic focus. Our team has decades of knowledge working with trading businesses, property investors, developers and landlords and can help position your deal with the most appropriate lenders.

  • We provide free specialist advice, so if you are new to acquiring at auction and have no experience of the bridging market, we can help
  • We specialise in non-standard construction auction finance and have access to specialist 150+ specialist lenders
  • You can find finance through us even if you have bad personal credit
  • We can provide you with finance even if the location of the property means you have a restricted lender pool
  • We can help you find the most competitive deal on the market for your specialist requirements
  • What is auction finance?
  • What do you need to progress with property auction finance?
  • What is the criteria to get an auction loan?
  • How does the application process work?
  • Why use a broker to help find auction house finance?
  • Why use Newable Finance for auction finance?

Auction finance or a property auction loan is designed to enable potential auction purchasers to act quickly and complete within 28 days from the auction.

A loan for an auction property can be used for properties that are both habitable and not currently habitable (i.e. no kitchen or bathroom).

 

 

  • The auction sales particulars
  • Outline of how the auction finance will be repaid (e.g. sale or refinance)
  • Purchase property address
  • Details of the buyer (either yourself, or, your company)
  • Details of the deposit amount you have available towards the purchase

You will need to know the cost of works to make the property habitable and the end value once works are done. Lenders will need to know your exit strategy for the property, i.e. how will the auction loan be repaid.

1 Fill out the form in less than one minute, with some basic information about your business and how much money you need.

2.  A dedicated advisor will be in touch with you within 24 hours, between our working hours of Monday – Friday taking the time to understand your specific requirements. We will then request a few more details from you.

3.  With direct access to 150+ lenders we will then find the best deal for you. With no fee charged unless we have successfully supplied you with funding.

There are more than 150 specialist property lenders, each with their own rates, credit appetite and geographic focus. Our team has decades of knowledge working with trading businesses, property investors, developers and landlords and can help position your deal with the most appropriate lenders.

  • We provide free specialist advice, so if you are new to acquiring at auction and have no experience of the bridging market, we can help
  • We specialise in non-standard construction auction finance and have access to specialist 150+ specialist lenders
  • You can find finance through us even if you have bad personal credit
  • We can provide you with finance even if the location of the property means you have a restricted lender pool
  • We can help you find the most competitive deal on the market for your specialist requirements

Ready to start? Apply now for development finance

Apply now - it's quick and free

1
Tell us how much you need
Fill out the form in less than one minute, with some basic information about your business and how much money you need.
2
We will contact you within 24 hours
A dedicated advisor will be in touch with you within 24 hours, between our working hours of Monday - Friday.
3
Get your funding
We will be there every every step of the way, with access to 150+ lenders we will find you the best deal for your requirements. No fee charged unless we have successfully supplied you with funding.

Or speak to one of our experts over the phone on 020 8142 8680