Auction Finance providing pre-approved terms and built-in flexibility giving you the confidence to secure your auction purchase.
Auction Finance
Key features
Dedicated auction finance rates and unique features providing you with a competitive edge.
- LTV based on Open Market Value
- Light Refurbishment works permitted
- First-time auction buyer considered
- Pre-approved Terms prior to the auction*
- Flexible fee option to net higher Day-1
*Subject to our General Credit Criteria
Criteria
- 1st Charge
- Residential Auction Property
- Below Market Value Purchases
What we consider
- Auction finance available for all other property types (see our products)
Facility overview
LTV
1st Charge
FROM p.m.
<50%
0.83%
<60%
0.90%
<65%
0.95%
<70%
1.00%
<75%
1.15%
<85%
N/A
Min Term
3 months
Min Loan Size
£200K
Max Loan Amount
£2M
Interest Method
Serviced, Retained or Part/Part
Refurbishment Facility
Available
215 Marsh Road, Pinner, HA5 5NE
