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Lender Product News: Auction Finance




Make your deadline at any auction

Product: Auction Finance

Loan amount: from £75k to £7.5m

LTV: up to 75%

Term: up to 12 months

Interest rate: from 0.55% p/m


 

Criteria


Exclusively for residential properties purchased at auction.

  • For land, semi-commercial and commercial purchases, and pre-construction finance

  • 1st charge securities

  • Freehold, or leasehold with 60+ years left

The property cannot be lived in by you or your close family.


 

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