Auction Bridging Finance | LDN Finance

Auction Finance

Are you looking to purchase a property at auction? Auction finance is a type of short term or bridging finance, which is designed to be quickly arranged to fit into the timescales of the auction house. LDN Finance’s experienced financial advisers will take you through the process of securing auction finance so you’re fully prepared to purchase an auctioned property.

Get In Touch

our values

How we work

01

Service

Service excellence is at the heart of our business. We are renowned for our highly personal and bespoke approach to securing property finance for our clients, ensuring you feel in control and confident throughout your investment journey.

02

Expertise

We thrive in complex, challenging scenarios and work creatively in our negotiations with our trusted network of mainstream, private and specialist lenders to ensure we always secure the best possible outcome for your circumstances.

03

Relationships

We mean it when we say we see you as a valued partner. Our relationship with you is important to us and our team will continue to serve as your personal property adviser long after your first deal with us is completed and over the line.

Auctions can be a great place for opportunities where investors can secure an asset at a lower price or where they can see an opportunity to add value through construction or planning. Before you begin, it’s wise to have your finances ready for any commitments you want to make. Having auction finance sorted means you’ll have funds to complete any purchase you make within the specified timeframe, usually 28 days.

Auction finance is often needed because a basic mortgage is not be suitable when speed is required to complete, based on the condition of the property or for personal circumstances. With the short-term funds offered by auction finance, you have the peace of mind that you can begin bidding on a property, with the confidence in knowing the money will go through with the purchase once you’ve won the auction.

Get In Touch

What can you buy with auction finance?

Auction finance has a range of uses:

Development – Opportunists can often pick up an asset which requires considerable work at great value and with their expertise of investing in the right places, can add value to the property very quickly to create and excellent yield if rented out or profit if sold once the works are complete.

Commercial – Investors and property developers can use auction finance to secure offices, shops, warehouses, pubs, restaurants and many more commercial properties for what is often, below market value.

Residential – Landlords looking to purchase residential property to renovate and sell or to rent out often favour auction finance as it’s quicker to arrange than a buy to let mortgage.

Mixed use – A combination of commercial and residential, auction finance can be sourced for premises that have both residential and commercial use, such as a shop with flats above.

If you’re looking for assistance in sourcing auction finance, get in touch with us today. You’ll receive outstanding service from one of our experienced advisers, with tailored finance designed for your unique requirements.

Get In Touch

Testimonials

Our happy clients

Not only have I used LDN Finance myself on several occasions but I also refer clients. They are always exceptionally helpful, quick to respond and go out of their way to help. An absolutely excellent business, I cannot recommend them more highly.

Ms. H

July 2021

We used LDN to arrange our mortgage as first time buyers. Drew has been excellent at every step. Rob handled our life insurance and again, the service was outstanding. Rachel made regular check-ins and provided progress updates. An exceptional all round performance.

Mr. D

August 2021

Anthony and his team are model professionals: ultra-responsive, direct and clear in their advice. They have arranged a number of mortgages for our family and are very good at looking at different permutations and scenarios. I could not recommend them more highly.

Mr. J

June 2021

want to get started

Get in touch

Contact our professional and experienced specialist finance brokers and start your property finance journey today.

Prefer to chat? Call us on 020 3903 9875

5 star assurance for service and excellence