Instant Access to Auction Finance

Auction finance is in increasing demand from property developers and buy-to-let investors who are unable to secure traditional bridging loans due to the condition of the property or the speed of completion required.

To bid with confidence at auction, you or your clients need one thing above all else. Peace of mind that the necessary funds will be available on time. When the hammer falls, a non-refundable deposit of 10% of the sale price is immediately payable. You then have 28 days to complete, though sometimes special conditions require faster completion.

As a Principal Lender, Fincorp can give you or your client an immediate decision on all auction finance, and release funds within a matter of days – we’re not dependent on other banks or lenders. Which means no missed opportunities at auction, or stressful waiting for the funds to complete. Just a simple, competitive flat fee for the period of the loan, which you or your client is free to repay at any time, or extend if required.

What are the benefits for you?
  • Easy to understand bridging loans and fee structures
  • Immediate answers - deal directly with the decision makers
  • Minimal form filling and red tape
  • Competitive fee for every successful introduction
What are the advantages for your clients?
  • Fast access to funds
  • Auction Finance from £100,000 - £10 million
  • Immediate, binding decision – no frustrating delays
  • No extension fees or early repayment charges

Click here to download
Your guide to buying property at auction

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