LDN Finance, in partnership with Town & Country Property Auctions (TCPA). Supporting TCPA buyers with mortgage advice for mortgage friendly auction purchases. If you’ve been directed here from a TCPA property listing, we can help you understand your mortgage options and the key timeframes before you bid.
HOW CAN WE ASSIST?
Preparing your mortgage for an auction purchase
Our approach focuses on getting you mortgage ready before the auction, helping to reduce pressure once a bid is successful.
What this involves:
testimonials
Our happy clients
Just remortgaged via LDN Finance and can’t find any fault in the service. They always responded promptly, actually LISTEN rather than just promoting their own views, diligently canvased the market, pro-activity informed me when better terms became available, and proficiently executed all the paper work. Recommended!
John and Jennifer make a great team! John was on hand to offer us all options when it came to mortgages, explained any processes that may not have been clear and was always on hand from start to finish. Jennifer kept us informed at all times, really knowledgeable when we had any queries and a joy to deal with. Thank you both!
They say that buying a house is one of the most stressful life experiences. And it is. But with LDN Finance in your corner the stress is dramatically reduced! Heather was there every step of the way offering unwavering support, and her calmness during the most stressful points of the process was such a blessing. There is no doubt that we’ll be using their services again in the future and I can’t recommend them highly enough.
we are here to help
Get in touch
Contact our professional and experienced residential mortgage advisers and start your property finance journey today.
Prefer to chat? Call us on 020 3903 9875
Auction House Mortgage FAQ’s
Yes. We can talk you through how mortgage lending typically works for auction purchases and highlight the key considerations to be aware of. This helps you understand whether a mortgage may be appropriate for the type of property you are considering.
The earlier you get in touch, the more options there may be to explore. Speaking to us ahead of the auction allows time to review the property and mortgage requirements, but we can also help if you are closer to the auction date.
For buyers using a mortgage, lenders will usually require a valuation of the property. Where possible, this is progressed ahead of the auction so the mortgage process is well advanced before bidding. Our team can explain how this works and what to expect.
If the final purchase price differs from expectations, the mortgage application may need to be adjusted, subject to lender criteria, valuation and affordability. Our advisers will explain how this is handled and what flexibility may be available.
Not all properties sold at auction are suitable for mortgage lending. Suitability can depend on factors such as the property type, condition and lender criteria. Part of our role is to help you understand these considerations before you commit.