Auction Purchase Using Bridging Finance - Bridging Finance
buying property at property auctions using bridging finance
We’re experts in facilitating bridging loans for property auctions.
We recently completed for a client who successfully bid for a residential property at auction.
His usual lender couldn’t provide the finance for completion in time, so he would lose his deposit - and all the time he had spent on the property
However, our quick bridging loan of £450,000 completed within 5 days, saved his deposit and he refinanced at a later date.
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