AUCTION FINANCE
Find out how we can help you with auction finance so you can make investment decisions in no time.
What Is Auction Finance?
Auction finance refers to a type of financing that is used to assist individuals or property investors that require bridging and development finance to acquire properties through auctions.
Property auctions are events where various properties are presented for sale, and buyers bid on them. The process is typically fast-paced and requires buyers to have financing in place quickly, often within a short time frame after winning the auction.
Traditional mortgage processes may take too long to complete, making them unsuitable for the swift transaction characteristic of property auctions. For this reason we offer a swift solution to quick bridging finance for auction properties.
How Can MS Lending Group Help?
If you’re interested in buying property at auction, the sooner you can get acceptance from a lender the better - which is why we offer quick turnarounds.
Our flexibility means that we recognise the urgency of investment decisions, it is for this reason that we offer decision making within hours and funds within 24 hours in some cases. We want you to feel confident with a competitive edge during property auctions, so feel assured and safe that our bridging finance to buy property is behind you.
Using Auction Finance
Utilising bridging finance for a property purchase is a common approach to investments without having to wait around.
The most common property types bought at auction and that often require auction finance include:
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Land
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Residential investments
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Semi-commercial property
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Commercial property
If you’re thinking about making a high level investment, we’re here to help - get in touch to find out how we can help you with quick bridging finance for property bought at auction.
MAKE AN APPLICATION
NO MINIMUM LOAN SIZE
MAX LOAN £3 MILLION
12 MONTHS AS STANDARD
18 MONTHS ON REQUEST
2ND CHARGES AVAILABLE
NO VALUATION
ON LOANS UP TO £500,000 ON RESIDENTIAL COMMERCIAL AND SEMI-COMMERCIAL PURCHASES.
DESKTOP VALUATION
ON LOANS UP TO £2 MILLION.
SUBJECT TO INTERNAL REVIEW
RESPONSIVE, RELIABLE & FLEXIBLE
NO Minimum Bridge Term • 2% Arrangement Fee • Exit Fee - 1 Month Interest