Auction Finance Bridging Loan

Auction purchases usually must be completed within 28 days of the auction. In most cases, a traditional BTL mortgage either cannot be arranged in time or is not available as the property needs a bit of work. It is important that Auction Finance is used accurately, as it can be an exceptional way to profit from properties with potential, which are not being sold on the open market through the more conventional Estate Agent routes.

Rates From Min Loan Max Loan LTV (Max) Terms Min Valuation Arrangement Fee
0.93% £150,000 £50,000,000 75% 3-12m £250,000 2%

Product Features Include:

  • Loan amount: £150,000 – £50m
  • LTV: Up to 75% max
  • Rates: 0.93% pm
  • Refurbishment/renovation allowed
  • Location: England & Wales
  • Terms: 3-12 months

KSEYE provides a fast, flexible, and tailored approach for each case. Where transactions are subject to time constraints, the swift nature of bridging loans can help to meet deadlines.
To discuss a case, register as a broker here.