London’s property auction market is one of the most dynamic in the UK, offering opportunities to purchase homes, investments, and redevelopment sites below market value. But auctions move fast — buyers must complete within 28 days, and conventional mortgage approvals rarely fit that timeline.
Property auction finance provides a fast, short-term solution for completing on time. It allows buyers to secure the property, then refinance or sell once longer-term funding is in place.
Fraser Bond helps buyers and investors across London secure auction finance that matches the speed and structure of the deal.
Residential Auctions – Purchasing homes in need of refurbishment or chain-free sales.
Commercial Auctions – Buying offices, shops, or mixed-use properties.
Development Opportunities – Securing land or unmodernised buildings for redevelopment.
Portfolio Expansion – Acquiring multiple units or distressed stock.
Investment Purchases – Acting quickly when undervalued properties appear in the auction room.
Auction finance ensures buyers can pay the 10% deposit immediately and complete the purchase within the strict 28-day deadline.
Pre-Approval – Arrange finance in principle before the auction to know your budget.
Winning the Bid – A 10% deposit is paid on the day of auction.
Completion Deadline – The remaining balance is paid within 28 days using the auction finance facility.
Exit Strategy – Repay through mortgage refinance or property resale.
Loan Term – 3 to 12 months (extendable to 18 months).
Interest Rates – Typically 0.5% to 1.2% per month.
Loan-to-Value (LTV) – Up to 75%.
Speed – Approvals and drawdown in days.
Security – Secured against the purchased property or additional assets.
Speed – Enables completion within auction timeframes.
Flexibility – Works for residential, commercial, and development properties.
Certainty – Confirms funds before auction day.
Higher Costs – More expensive than standard mortgages.
Short-Term Only – Designed for quick completion, not long-term ownership.
Exit Risk – Relies on refinance or sale after completion.
Fraser Bond supports buyers, landlords, and developers with tailored auction finance solutions:
Pre-Auction Approvals – Helping buyers secure funding before bidding.
Trusted Lender Network – Access to UK-wide bridging and auction finance providers.
Fast Turnaround – Structuring deals for 7–14 day completions.
Exit Strategy Planning – Refinancing support once the purchase completes.
London Market Expertise – Insight into auction stock across East, Central, and South London.
To secure property auction finance in London, explore bespoke solutions with FraserBond.com.