Best Auction Finance Lenders
Experts in Auction Finance
Goldhill provides auction bridging finance to allow fast action when there are property auction deadlines looming and cash needs to be raised immediately. Since we are a direct lender, we can make fast decisions and offer attractive funding solutions. With our funding options, it is possible to borrow between £25,000 and £500,000 to finance either residential or commercial properties sought at auction bidding. Most approvals take a few hours only.
How we help you
- Bridging finance for auction properties on a short-term lend
- Borrow between £25,000 and £500,000 to complete your bid
- Urgent funding decisions, often in 24 hours
- Access to the money in 1 to 2 days
- Calculate affordability prior with our auction finance calculator
Why fund with us?
- Direct lender - no completion or broker fees
- Practical, property-secured lending perfect for auctions
- Full-time, part-time and difficult credit profiles welcome
- Repay the loan your way: rolled-up or planned instalments
- Speedy, efficient services and no unnecessary waiting
- Competitive rates within the marketplace
Most common questions on buying property at auctions
Auction finance or auction bridging is a short-term loan used to purchase properties at an auction. These loans involve a purchase price and/or refurbishment costs.
The decision to lend is normally reached within 24 hours, and the money is available in 1 to 2 days. This is appropriate for the time-driven finances of the auctioning of
No. Loans are secured on the property. A large number of clients take auction bridging finance facilities without the need for proof of income.
Yes. We provide auction property loans for self-employed customers and those with complex credit profiles.
Terms will vary from 3-12 months, allowing you time to refinance, sell, or fix your property.
Yes. Many bridging loans for auction property include funds for refurbishments that are linked to the value of the property after that work has been carried out.
Auction case studies
Winning with a competitive auction bid
Loan: £150,000 | Monthly rate: 1.45% | 6 months
What it was for: Our client needed access to quick funds to secure the auction property and pay the deposit before the competition deadline hit.
How we made it easy: Approval was given in under 24 hours. Our auction bridging loan allowed the client to bid confidently and complete the purchase on time.
Funding refurbishment after auction purchase
Loan: £280,000 | Monthly rate: 1.35% | 12 months
What it was for: The purchased auction property required urgent renovations before going to market for a flip-for-profit.
How we made it easy: We structured the loan against the property’s projected value after works. Funds were released in 48 hours, so renovation could start immediately, using auction property finance effectively.