Funding your property auction purchase
Buying a property at auction is very different to a typical property purchase. Completions happen much faster, so it often pays to arrange your finance before the auction gets into full swing.
After all, you’re the legal owner the moment the hammer goes down – and you’ll usually only have 28 days to complete the purchase.
We work with Together, who are well-versed in the world of short-term finance. Their experts are on-hand before, during, and after the auction to help you turn the funds around within a tight time frame.
They will finance all types of property, from your standard two up two down or semi-detached to used opportunities, unusual properties, and building plots lacking planning permission.
Bidding with confidence
If you wish to invest in a residential or commercial property, or plot of land in our property auctions, speak to Together about arranging any short-term finance you need to complete your purchase. Make an enquiry today.
Together’s auction finance rates start from just 0.55% per month, and they pride themselves on rapid funding – unlike some high street lenders’ processes, which can take longer. This provides you with peace of mind that your finance will clear in time for the completion date.
Auction finance at a glance
- Short-term finance over 1-12 months
- Funding for residential investment, commercial property and land purchases
- Funding for non-standard construction
- All income types considered
- Up to 75% loan-to-value
- Monthly interest rates from 0.55% (other fees and charges apply).
Get an in-principle decision, in advance
To see how much you could borrow, contact Together for an in-principle decision so you can bid with confidence on auction day.
SDL Property Auctions believe you may benefit from using the services of Together to provide financial assistance in funding your purchase.
We receive a fee (known as a referral fee) from Together for recommending their service to you. If you choose to use Together, SDL Property Auctions will receive a referral fee of 1% of the initial loan from Together money.
You are not under any obligation to use Together to provide you with these services.