Auction House London offers you a variety of finance options to help secure your next auction property. We understand the importance of financing options that suit a variety of needs for our buyers, including short-term financing and loans for auction properties. Auction House London are proud to partner with Together, who specialise in mortgages and loans designed with property auctions in mind. Find out more about our finance options below.
Buying a property at auction is a fast-paced process that differs significantly from traditional property purchases. Since completions happen much more quickly, it is crucial to have your financing in place before bidding begins.
The moment the auctioneer’s hammer falls, you enter a legally binding contract of exchange and typically, you will have just 28 days to finalise the purchase. Without secured funding, this tight deadline can become challenging to meet.
To help you navigate this process, we partner with Together Money, a lender specialising in short-term finance solutions. Their experienced team is available to assist you before, during and after the auction, ensuring that your funds are in place within the required timeframe. Together Money can finance a wide range of properties, from standard residential homes to unique opportunities, unconventional properties and even building plots without planning permission. Don’t hesitate to reach out and make an enquiry today to ensure you are fully prepared when auction day arrives.
Whether you are interested in bidding on a residential or commercial property, or a plot of land, securing your finance in advance is essential. By working with Together, you can arrange the short-term financing you need to confidently place your bids and complete your purchase. To find out more, please contact our expert team who would be happy to help answer your questions.
