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Expert advice on Auction Finance

Dreaming of that perfect investment? With our Auction Finance, we make it happen. FAST. Secure the funds you need to grab those can’t-miss opportunities at property auctions.

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An introduction to Auction Finance...

This isn’t just finance. It’s your ticket to property success. Simple, flexible bridging loans designed for property developers and investors like you. We cut through the red tape, getting you the money you need when you need it most.

Trust 2nd City Commercial. Why? Because we’ve been there, done that, and got the expertise to prove it. From start to finish, our team has your back, ensuring a smooth and efficient process every step of the way.

 

What is Auction Finance?

Understanding bridging loans for property auctions

Auction finance, a type of bridging loan, is the secret weapon every property developer and investor needs.

So, what exactly is it?

It’s a short-term loan designed to help you purchase property quickly, especially when time is of the essence. Think of it as a financial bridge that lets you seize opportunities without the usual delays of traditional financing.

Why do YOU need it?

  • Speed: A bridging loan gets you the funds quickly, so you can bid with confidence.
  • Flexibility: It suits various situations, from buying a fixer-upper to expanding your property portfolio.
  • Simplicity: Easy to apply, with straightforward terms that let you focus on the property, not the paperwork.

The benefits of Auction Finance

Maximise your property investments with bridging loans

Quick Access to Funds. In the fast-paced world of property auctions, every second counts. With auction finance, you can secure the funds you need—FAST. Just quick, reliable access to money when you need it most.

Flexibility at Its Best. Bridging loans offer unparalleled flexibility. Whether you’re flipping a fixer-upper or investing in a commercial property, we find terms that adapt to your needs. We will source the most suitable deal tailored specifically for you.

Competitive Rates. Why settle for less? Competitive rates mean you save more. More savings translate to higher profitsfor you. It’s a win-win.

But don’t just take our word for it.

Real Life Success Stories:

 Meet Rob, a property investor/developer who needed quick funds to secure a prime property in the catchment to one of the best schools locally to him. With a bridging loan, he closed the deal in record time, quick refurb then re-financed on to a BTL mortgage at the new higher price, ready for tenants who will pay a premium for their child’s education.

Ready to take the next step? Get in touch with us today.

Our team is always available for a chat, to answer a question or to get you started with your commercial finance solution.

How 2nd City Commercial can help...

Looking for the best in property finance? You’ve found it. At 2nd City Commercial, we are all about auction finance that works for you.

We know the property business inside out. We live it. We breathe it. We make it our mission to help property developers and investors like you.

Why choose us? Simple.

  • Experience: We’ve got years in the industry. We’ve seen it all. We’ve done it all. And we use that knowledge to benefit you.
  • Testimonials: Don’t just take our word for it. Hear it from our happy clients. Their success stories are our success stories.
  • Customer service: We’re here for you, every step of the way. Need advice? Have questions? We’ve got you covered.

 

Now, you know why 2nd City Commercial is your go-to for auction finance. Embrace the future of property investment with us.

Tools and resources for business owners

Looking for the right tools to make smart decisions? You’ve come to the right place.

We’ve got downloadable guides and eBooks.  Dive into the nitty-gritty of commercial mortgages. Understand every detail, every step, and every option. Knowledge is power, right?

Next, our mortgage calculators. Estimate your costs in seconds. Just punch in the numbers and see how it all adds up. Simple. Fast. Accurate.

How auction finance works:

Simple, transparent, and efficient process

Ready to dive in? Here’s how it works:

First, reach out to us. We’ll chat about your needs and how auction finance can help. No complicated jargon. Just clear, straightforward talk.

Next, fill out a short application. Don’t worry, we keep it simple. Just the essentials, so we get what we need without the fuss.

Then, we send your application off for review. We choose the lenders that move FAST. You’ll usually get an answer within days.

Once approved, sign the paperwork. We’ll guide you through every document. Easy peasy.

Finally, funds are transferred directly to your solicitor. You’re ready to act on that property opportunity.

Timeline of the approval process

  • Day 1: Application received
  • Day 3: Approval decision
  • Day 4-8: Paperwork completed
  • Day 8: Funds transferred

 

What you’ll need

  • Proof of identity: Passport or driver’s licence.
  • Proof of address: Utility bill or bank statement.
  • Property details: Auction brochure or property listing.
  • Financial information: Bank statements and income proof.

Auction finance, a type of bridging loan, is a short-term loan used to quickly secure property at auction. It helps property developers and investors get the funds they need FAST.

It’s simple. You’ll need:

  • Proof of identity (Passport or Driver’s Licence)
  • Proof of address (Utility Bill or Bank Statement)
  • Details of the property
  • Proof of income & Expenditure

Don’t worry! We’re here to help. We look at the value of the property and your exit strategy, not just your credit score.

Speed is key! Most approvals happen within days. Once you’ve got the green light, we work swiftly to get the funds in your hands.

Absolutely! From residential to commercial properties, our bridging loans can help you seize opportunities across the board.

You can repay through the sale of the property, long-term financing, or other means. We’ll work with you to find the best solution.

Why settle for less?

A massive thank you to 2nd City for sorting my commercial mortgage! I have used them for my property purchases and can’t fault their 10/10 service throughout the whole process. Anyone needing any help to secure a property or bridging finance, 2nd City are the go to company! Thanks again "

Why settle for less?

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