Bridging Loans For Auction Properties
Fast, flexible auction finance
- Loans from £25,000 – £60 million
- Residential, commercial properties or land
- Get a decision in principle today
Quick Decision with No Obligation
Fast, flexible auction finance
Quick Decision with No Obligation
THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR COMMERCIAL PROPERTY OR HOME. YOUR COMMERCIAL PROPERTY OR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
An auction bridging loan provides quick, short-term financing to help buyers secure properties won at auction. Since auction purchases require full payment within a short timeframe, typically 28 days, bridging loans offer fast access to funds, ensuring buyers meet the deadline.
The loan is repaid through an "exit strategy," such as selling the property or refinancing with a long-term loan. This type of loan allows for efficient property acquisition without the lengthy approval process of traditional financing.
Instantly compare over 50 commercial bridging loan lenders, including rates, fees and maximum LTVs.
Access short-term bridging loans ranging from £25,000 up to £60 million for your commercial needs.
Bridging loans are typically available over short terms ranging from 1 to 24 months.
The streamlined application process allows you to receive a Decision in Principle (DIP) the same day, sometimes within minutes.
Bridging loans can be arranged quickly, typically within 14 days, making them a great option for urgent financial needs.
Use it to secure residential, commercial, mixed-use, uninhabitable, unmortgageable properties, or land purchased at auction
Quick Decision with No Obligation
Applying for auction bridging finance is a simple process that begins with a quick online application and a same-day decision in principle. Once the property is valued and approved, funds are usually released within days, providing you with immediate access to the capital you need to secure your auction property without delay.
Here’s an overview of how auction bridging loans typically work in five steps:
Begin by identifying a property or land you want to purchase at auction. Research the details, including the date and terms, to ensure you’re prepared for bidding.
Assess whether you need an auction bridging loan to cover any funding gaps. This type of loan is ideal for bridging the gap between your available cash and the purchase price.
Once you decide to apply for a bridging loan, complete a quick online application with key details about the property and your finances. After the property valuation and approval process, the lender will present an offer outlining the loan amount, interest rate, repayment terms, and fees for you to review.
Once your application is approved and you accept the offer, the lender will release the funds (typically within a few days) allowing you to complete your auction purchase quickly.
After securing your property, you will repay the loan according to your exit strategy, which is typically executed through the sale of the property or by arranging long-term financing.
Compare over 50 lenders and get a decision in principle today
Apply NowQuick Decision with No Obligation
At SME Bridging Finance, we specialise in providing tailored bridging loan solutions that enable you to secure auction properties quickly and efficiently.
Auction finance can be used for a variety of properties, including residential, commercial, and mixed-use developments. Whether you’re investing in a buy-to-let property, acquiring commercial space, or renovating a residential property for resale, our flexible financing options are designed to meet your needs, allowing you to capitalise on lucrative auction opportunities without delay.
Ready to move fast on your next auction property? Explore our auction bridging loans today and secure your investment with confidence and ease.
Apply NowQuick Decision with No Obligation
We’ve helped support many businesses across the UK by providing quick and easy access to tailored bridging loans for auction properties.
Compare multiple lenders in just minutes and apply online effortlessly. Save valuable time and money while securing the perfect loan solution tailored to your auction property needs.
Complete our quick online form with your funding details, and we’ll instantly match you with lenders to compare rates, fees, and LTVs.
Secure a same-day decision in principle (DIP) and move one step closer to your funding.
Apply online and once approved, funds are usually available within days, enabling you to proceed with confidence.
Quick Decision with No Obligation
Here are some frequently asked questions (FAQs) about auction bridging loans:
With an auction bridging loan, you can typically borrow between £25,000 and £60 million, depending on your property’s value and loan terms.
Most lenders offer up to 75% Loan-to-Value (LTV), meaning if you're purchasing a property valued at £500,000, you could borrow up to £375,000, covering a significant portion of the purchase price.
Auction bridging loans can be used to secure a variety of residential and commercial property types, including:
This versatility makes them an ideal financing option for investors looking to capitalise on opportunities in the auction market, whether you’re seeking to renovate a distressed property or acquire a commercial space.
The borrowing period for auction bridging loans typically ranges from one to 24 months. This short-term duration is well-suited for auction purchases, as it allows you to secure properties quickly while you arrange for more permanent financing solutions or complete any necessary renovations. The flexible terms mean you can tailor the loan duration to fit your specific investment strategy.
Repayment for auction bridging loans is usually structured as a lump sum payment at the end of the loan term. This payment is often made through the sale of the property, refinancing into longer-term finance like a mortgage, or another financing option that you have arranged.
Yes, auction bridging loans can be utilised not only for purchasing properties but also for funding renovations. This makes them particularly advantageous for investors looking to acquire properties that require improvements or repairs.
Securing auction finance allows you to cover both the purchase price and renovation costs, enabling you to quickly enhance the property's value and maximise your potential return on investment.
Applying for an auction bridging loan at SME Bridging Finance is easy and efficient. Complete our online application form to compare lenders and secure a same-day decision in principle. With access to over 50 lenders, you can find the best terms tailored to your needs and confidently move forward with your property investment!
