Auction completion timescales are tight — typically 28 days from the fall of the hammer. Submit your enquiry and an authorised broker will call you back to discuss bridging options secured against the auction property.
The funds you can borrow are capped at 75% of the property value (first charge). If your selection exceeds that, the form will ask you to adjust.
Three simple steps to a bridging loan enquiry.
Tell us how much you need to borrow, the value of the property or land, and your contact details. The form takes about a minute.
A specialist bridging loan broker will call you back to discuss your circumstances, exit strategy and the right product for you.
The broker will review options from a panel of specialist bridging lenders and present quotes that suit your circumstances. There is no obligation to proceed.
£25k+
Loan size from
75%
Max LTV first charge
Days
Funds released in
No
Obligation
Submit your enquiry and an authorised broker will call you back
Specialist bridging brokers can review most case types — including those that have been declined by mainstream lenders.
Bridging finance covers the full range of auction property scenarios.
Residential, buy-to-let, commercial and mixed-use auction lots. Funds released within the 28-day completion window. 10% deposit at the auction, balance from the bridging loan at completion.
Properties unsuitable for standard mortgages — short lease, non-standard construction, no kitchen or bathroom, structural issues. Bridging finance refurbishes the property to mortgageable standard before refinance.
Land with or without planning permission, sites with development potential, plots being sold as part of a portfolio. Bridging used as the acquisition step before a development finance facility takes over.
Bridging the gap between the hammer falling and completion
Property auctions usually require completion within 28 days. That timescale is too tight for most standard mortgage applications, which is why specialist bridging finance is the route of choice for auction buyers.
Auction bridging loans are typically secured against the auction property itself, with funds released in days rather than weeks. Loans range from £25,000 to £25,000,000, with maximum 75% LTV on first charge.
An exit strategy is required — usually a sale of the property after refurbishment, or a refinance onto a buy-to-let or commercial mortgage once the property is in mortgageable condition. Both regulated and unregulated auction cases are considered.
Specialist brokers have access to lenders, products and processes that are not always available going direct.
Some lenders accept automated valuations on suitable cases, which can shorten the time from application to drawdown when speed of completion matters.
Some bridging products are only available through specialist brokers and are not offered direct to consumers — useful when a standard product does not fit the case.
A specialist broker can present a case to multiple lenders, giving access to a wider set of options than approaching one lender directly. Dual representation may be available on some cases to speed completion.
Submit an enquiry and a broker will call you back to discuss your options.
Submit Enquiry