Short-term finance
Auction finance
When the hammer falls you've usually got 28 days to complete. We line the finance up before you bid.
At a traditional auction, contracts exchange the moment the hammer falls, with a deposit (often 10%) due on the day and completion usually 28 days later. Miss the deadline and you can lose the deposit. Modern-method auctions give a little longer, but the pressure is similar.
Auction properties are often cheap for a reason — short leases, structural issues, no kitchen or bathroom — which can rule out a normal mortgage. Bridging finance designed for auctions fills that gap, then you refinance or sell once the work is done.
Agreed before you bid
We get terms in principle in place ahead of auction day, so you can bid with confidence.
Legal pack check
Your solicitor should always review the legal pack; we'll flag anything likely to worry a lender.
Refinance ready
We plan the onward mortgage at the same time, so the exit is lined up from the start.
FAQs
Auction questions
Can I use a normal mortgage at auction?
Sometimes, if the property is mortgageable and you allow extra time — but 28 days is tight for most mortgage lenders. Auction finance is designed for that deadline.
Talk to an adviser
A free, no-obligation chat about where you are and where you'd like to be. We'll tell you honestly what's possible.