Auction Finance and Mortgages
Quick decisions to let you buy at auction with confidence
Access £50,000 to £10m
A large range of finance to get you started
1st and 2nd charges available
2nd charge on an existing property only, if used as added security
Terms up to 24 months
Flexible terms to fit your unique circumstances
Up to 100% LTV mortgage
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Click here to read moreYour auction finance questions, answered
Auction finance or a property auction loan is designed to enable potential auction purchasers to act quickly and complete within 28 days from the auction.
A loan for an auction property can be used for properties that are both habitable and not currently habitable (i.e. no kitchen or bathroom).
Auction finance is a specialist type of bridging finance. We will guide you through the process quickly and efficiently.
- The auction sales particulars
- Outline of how the auction finance will be repaid (e.g. sale or refinance)
- Purchase property address
- Details of the buyer (either yourself, or, your company)
- Details of the deposit amount you have available towards the purchase
You will need to know the cost of works to make the property habitable and the end value once works are done. Lenders will need to know your exit strategy for the property, i.e. how will the auction loan be repaid.
1. Fill out the form in less than one minute, with some basic information about your business and how much money you need.
2. A dedicated advisor will be in touch with you within 24 hours, between our working hours of Monday – Friday taking the time to understand your specific requirements. We will then request a few more details from you.
3. With direct access to 150+ lenders we will then find the best deal for you. With no fee charged unless we have successfully supplied you with funding.
There are more than 150 specialist property lenders, each with their own rates, credit appetite and geographic focus. Our team has decades of knowledge working with trading businesses, property investors, developers and landlords and can help position your deal with the most appropriate lenders.
- We provide free specialist advice, so if you are new to acquiring at auction and have no experience of the bridging market, we can help
- We specialise in non-standard construction auction finance and have access to specialist 150+ specialist lenders
- You can find finance through us even if you have bad personal credit
- We can provide you with finance even if the location of the property means you have a restricted lender pool
- We can help you find the most competitive deal on the market for your specialist requirements
- What is auction finance?
- What do you need to progress with property auction finance?
- What is the criteria to get an auction loan?
- How does the application process work?
- Why use a broker to help find auction house finance?
- Why use Newable Finance for auction finance?
Auction finance or a property auction loan is designed to enable potential auction purchasers to act quickly and complete within 28 days from the auction.
A loan for an auction property can be used for properties that are both habitable and not currently habitable (i.e. no kitchen or bathroom).
Auction finance is a specialist type of bridging finance. We will guide you through the process quickly and efficiently.
- The auction sales particulars
- Outline of how the auction finance will be repaid (e.g. sale or refinance)
- Purchase property address
- Details of the buyer (either yourself, or, your company)
- Details of the deposit amount you have available towards the purchase
You will need to know the cost of works to make the property habitable and the end value once works are done. Lenders will need to know your exit strategy for the property, i.e. how will the auction loan be repaid.
1. Fill out the form in less than one minute, with some basic information about your business and how much money you need.
2. A dedicated advisor will be in touch with you within 24 hours, between our working hours of Monday – Friday taking the time to understand your specific requirements. We will then request a few more details from you.
3. With direct access to 150+ lenders we will then find the best deal for you. With no fee charged unless we have successfully supplied you with funding.
There are more than 150 specialist property lenders, each with their own rates, credit appetite and geographic focus. Our team has decades of knowledge working with trading businesses, property investors, developers and landlords and can help position your deal with the most appropriate lenders.
- We provide free specialist advice, so if you are new to acquiring at auction and have no experience of the bridging market, we can help
- We specialise in non-standard construction auction finance and have access to specialist 150+ specialist lenders
- You can find finance through us even if you have bad personal credit
- We can provide you with finance even if the location of the property means you have a restricted lender pool
- We can help you find the most competitive deal on the market for your specialist requirements
