What is a Bridging Loan? A Comprehensive Guide.
Understanding Bridging Loans: The Key to Financing Property Investments Beautiful shot of old...
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Buying a property at auction can be an exciting and lucrative opportunity for investors, developers, or home buyers looking for a quick deal. However, traditional mortgages are often too slow to secure the funding required to complete an auction purchase within the short timeframes involved. That’s where Auction Bridging Finance comes in.
Auction Bridging Finance is a fast, short-term loan designed to help you secure a property at auction when time is of the essence. These loans provide the speed and flexibility you need to complete the purchase, often within as little as 24 to 48 hours after the auction. Once the property is secured, you can refinance with a longer-term mortgage or sell the property to repay the loan.
When you win a property at auction, the typical completion deadline is 28 days or less. If you’re unable to provide the full payment within that timeframe, you risk losing your deposit and the property. Auction Bridging Finance offers a tailored solution for this type of situation, ensuring that you can:
Auction finance allows you to buy properties at auction by providing a short-term loan to bridge the gap between purchase and permanent finance.
We recommend securing a pre-approved bridging loan before attending the auction. This way, you know exactly how much you can borrow, giving you confidence when bidding.
Once you win the auction, you typically need to pay 10% of the purchase price on the day, with the remaining 90% due within 28 days.
After the auction, we’ll work with you to finalise your loan. Our quick approval process ensures you can access the funds you need within days, not weeks.
Use the bridging loan to complete the purchase of your auction property.
Once you have the property, you can either refinance with a traditional mortgage, sell the property, or repay the loan through other means within the agreed loan term.
With flexible eligibility criteria, auction finance is fast to arrange, ensuring you don’t miss out on opportunities. It eliminates the challenge of securing funds within the tight deadlines typical of auction purchases.
We specialise in auction bridging loans, offering quick, reliable solutions tailored to meet the fast-paced demands of property auctions. Our experienced team understands the importance of timing and will work closely with you to ensure your loan is approved and released without delays.
With years of experience in property finance, we can guide you through the entire process, from pre-approval to repayment.
Whether you’re purchasing a residential home, commercial space, or a development project, we’ll tailor our loan options to suit your needs.
Our focus is on speed. We can provide funding in a matter of days, allowing you to secure your property without stress.
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Don't Hesitate to Invest Now, We Will Give You The Best!
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Understanding Bridging Loans: The Key to Financing Property Investments Beautiful shot of old...
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We specialise in securing standard and complex bridging finance solutions, leveraging our experience and sector knowledge to provide tailored financial options for our clients.
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Your home may be repossessed if you do not keep up repayments on your bridging loan. Marbeh Finance is a broker not a lender and our products are not regulated by the Financial Conduct Authority. This website should be interpreted or understood as general information, not advice. For specific advice on your circumstances, please speak with a Marbeh Finance adviser or seek your own independent financial and legal advice. Marbeh Finance is the trading name of Marbeh Construction Ltd, a company registered in England and Wales (Company No. 13456539) with its registered office at 23-25 Market Street, Crewe, CW1 2EW.
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