Bridging Finance
Auction Finance
Pre-approved bridging to support property auction purchases — completion guaranteed within the standard 28-day deadline.
Winning a lot at property auction creates a legally binding obligation to complete within 28 days (or a shorter period for some auction houses). Standard mortgage lenders rarely work within this timeframe. Auction finance — a specialist bridging loan arranged before or immediately after the auction — provides the certainty buyers need to bid with confidence. Many lenders will issue a Decision in Principle before auction day, giving a clear picture of available funds.
Pre-Auction Approval
Where a specific property is known in advance, we can arrange a Decision in Principle before the auction. This gives you a clear ceiling on what you can bid and allows the lender to begin due diligence on the title early.
28-Day Completion
Specialist auction finance lenders are structured to complete within the standard 28-day timeframe. Speed of valuation and legal work is critical — engage us as early as possible.
Modern Method of Auction
Modern Method of Auction (conditional auction) typically allows a longer completion window of 56 days. This provides slightly more flexibility but still requires a dedicated short-term lender.
Adverse Credit Considered
A previous CCJ, default or bankruptcy does not automatically prevent auction finance. Lenders focus on the property security and the borrower's exit strategy.
Suitable For
- Buyers purchasing residential investment property at auction
- Investors bidding on commercial property at auction
- Buyers at traditional (unconditional) auction with 28-day deadline
- Modern Method of Auction purchases with 56-day window
- Investors with adverse credit history requiring specialist lenders
- Anyone needing certainty of funds before bidding
Get a Decision in Principle
Discuss your case
Ready to discuss your case?
Complex credit history, tight deadlines or unusual structures — we have seen it all. Speak with a specialist today.
Get in Touch