Bridging Finance
Auction Finance
Completing an auction purchase within the 28-day deadline with fast bridging finance, helping our client secure a below-market-value property.
Category
Bridging Finance
Loan Amount
Confidential
LTV
70%
The Client
Property auction buyer
The Challenge
Won a property at auction and needed to complete within the mandatory 28-day window with no mortgage in place.
Our Solution
Arranged bridging finance within 7 days of the auction, well within the 28-day completion deadline.
The Outcome
Completed on time, avoiding loss of the 10% deposit. Client later refinanced onto a standard residential mortgage.
Related Services
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Related Guides
Plain-English explainers if you want to understand the options first.