How Auction Finance Works — And Why Speed Matters
Navigating the 28-day completion deadline without losing your deposit.
When the hammer falls at a property auction, you exchange contracts on the spot and typically have 28 days to complete. Miss the deadline and you can lose your 10% deposit.
Auction finance is bridging finance built around exactly this deadline. Specialist lenders can issue a decision in principle before you bid, run valuation and legals in parallel, and complete well inside 28 days.
The key is preparation: speak to a broker before auction day, know your maximum bid and borrowing capacity, and have your solicitor ready to move as soon as you win the lot.
Our fastest auction completion took nine days from first contact — including a case two high-street banks had already declined.
Ready to Talk Through Your Deal?
Speak to an advisor today. Most cases get an initial answer within hours.