Bridging Finance

Auction Finance

Your Auction Finance Funding Solutions

Unlocking Opportunities with Auction Finance

At Empire Global Finance, we specialise in providing swift and reliable Auction Finance solutions, empowering investors and buyers to seize lucrative opportunities in the fast-paced world of property auctions. With a legacy of excellence and a commitment to client satisfaction, we’re here to guide you through every step of the auction process with precision and expertise.

Understanding Auction Finance

Auction Finance is a specialised form of bridging finance tailored for purchasing properties at auctions, ensuring swift completion of transactions typically within 14 or 28 days, in accordance with the Auction House’s requirements. Unlike conventional mortgages, Auction Finance offers the speed and flexibility necessary to capitalise on auction opportunities.

Pre-qualifying for Confidence

At Empire Global Finance, we offer peace of mind by pre-qualifying purchasers before auctions, instilling confidence that funding will be readily available. Many of our lenders don’t require valuations for auction purchases of residential properties, streamlining the process for our clients.

Key Features of Auction Finance

  • Fast Loans: Designed to meet the tight timelines of auction houses.
  • Flexible Financing: Loans starting from £25,000 with no maximum amount.
  • Competitive Rates: Auction Finance rates starting from 0.4% per month.
  • No Exit Fees: In many cases, Auction Finance comes with no exit fees.
  • No Valuations: Avoid the hassle of valuation reports in many cases.
  • Free Legals: Some lenders offer free legal fees, ensuring cost-effectiveness.
  • Up to 100% Finance: Access up to 100% Loan-to-Value (LTV) (subject to added securities)
  • Versatile Terms: Terms ranging from 1 month to 2 years for added flexibility.
  • Nationwide Coverage: Available for any property type in England, Scotland, & Wales.

Navigating the Auction Process

Research and Plan: Identify target properties, assess potential profitability, and analyse comparable properties to make informed decisions.

Provisional Acceptance: Secure pre-approval to understand available finance and boost confidence in bidding at auctions.

Winning the Auction: Attend auctions with confidence, knowing your finance is in place. Upon success, pay the required deposit and proceed to complete the purchase within the designated timeframe.

Partner with Empire Global Finance

With Empire Global Finance by your side, you gain a trusted partner dedicated to unlocking the full potential of auction opportunities. Our expertise, personalised service, and commitment to excellence ensure a seamless and successful auction experience. Whether you’re a seasoned investor or a first-time buyer, Empire Global Finance is here to facilitate your journey through the dynamic world of property auctions. Trust us to provide tailored Auction Finance solutions that meet your unique needs, empowering you to seize opportunities and achieve your property investment goals.