Auction purchase completed in 14 days
A 28-day deadline met in half the time, with a pre-agreed refinance exit.
£185k
Auction purchase price
14 days
Full completion
70%
LTV provided
Day 1
Terms issued
Auction deadline with no mortgage in place.
A property investor won a lot at auction with a standard 28-day completion window. No mainstream mortgage lender could move fast enough, and missing the deadline would mean losing the deposit.
The Challenge
Bridging loan structured and drawn in 14 days.
We issued indicative terms the same day and instructed a specialist solicitor immediately. A desktop valuation was used to accelerate the process, and funds were drawn on day 14 - well within the auction deadline.
Our Solution
Completed on time. Deposit protected.
The client completed the purchase at £185,000 and has since refurbished the property. They are now in the process of refinancing onto a long-term buy-to-let mortgage at a significantly higher valuation.
The Outcome
Completion time
14 days
LTV
70%
Valuation method
Desktop (no delays)
Exit strategy
BTL refinance
Win the lot. We will handle the funding.
Bridging finance that completes before your deadline.
Auction lots require auction speed.