Buying a property at auction can often be a great alternative to buying through more traditional routes, especially if you are buying for investment purposes. However, the speed of purchase to completion is very different so it’s important you have the funds in place for the property you are interested in by the time you bid on it.
Once the hammer drops and the final bid has been placed the property is legally yours! Typically, you then have 28 days to complete the purchase so turning the funds around in a short, professional and timely manner is very important.
Secure auction funding
We partner with Edward Mellor Financial Services, who are well-versed in the world of short-term finance. Their financial specialists are on-hand before, during, and after the auction to help you turn the funds around within a tight timeframe. They will finance your standard two up two down or semi-detached to used opportunities, unusual properties, and building plots lacking planning permission.
Bidding with confidence
If you’re investing in a residential or commercial property or plot of land, at our auctions, Edward Mellor Financial Services can look to arrange auction funding as a short-term finance agreement so you can complete your purchase.
Auction funding specialists are on hand before, during, and after the auction to help arrange finance for you as quickly as possible. See below for the amazing features of having help with your auction finance:
- Short-term finance 1-12 months
- Funding for residential investment, commercial property, and land purchases
- Funding for non-standard construction
- All income types considered
- Up to 75% loan-to-value
Get in touch
If you would like to speak to a Financial Expert to see how much you could borrow to fund your auction purchase please complete our contact form. Alternatively, you can call 0161 532 3510 (select option 1).