When looking to buy a property at auction in Vauxhall, there are numerous factors to take into account before proceeding with a bid. One of the most important is to get your auction finance in place. Our specialist mortgage brokers, located throughout London, are ready to help you with this. They have formed excellent relationships with lenders who understand the time pressure associated with auction purchases.
Before the auction begins, our auction finance experts can help you secure a mortgage in principle before pushing ahead to complete your mortgage arrangement quickly once your bid has been accepted. To ensure no unexpected delays disrupt your purchase, our mortgage experts can also secure short-term finance for you to bridge the gap from paying your deposit until your longer-term finance is ready.
Speak with our auction finance brokers today on 01322 907 000 or send an email to us at firstname.lastname@example.org. We help you with all aspects of buying at auction to ensure the process runs smoothly. If it’s out of office hours, send your enquiry to us via our online contact form and we will reply to you as quickly as possible.
Cover all the bases for your auction purchase
At Trinity Finance, we work closely with lenders who are accustomed to dealing with mortgages for auction purchases. This allows our auction finance brokers in London to find a mortgage deal that best suits your requirements and circumstances.
Our specialist brokers can explain the differences between a conditional and an unconditional auction sale as well as the differences between a guide price and a reserve price. They can advise you on the importance of doing your due diligence and guide you on what to check in the legal pack, such as the special conditions of sale. We liaise closely with solicitors and are happy to recommend one to deal with the legal aspect of your auction purchase.
Even when you have a mortgage in principle and have had a property valuation carried out before the auction, unforeseen delays can still occur. If you fail to complete within the short time frame, you could be looking at hefty fees. To this end, it may be better to arrange short-term finance. A bridging loan gives you a bit of breathing space so that your purchase can complete before your longer-term finance is in place. Our mortgage brokers in London can arrange this for you to ensure you have fast access to funds when needed.
Arrange auction finance in Vauxhall
We have helped many clients in Vauxhall and the local areas with their auction finance needs. Our specialist mortgage brokers have arranged auction finance throughout London and we have numerous satisfied clients in Battersea, Westminster, Pimlico, Victoria and the surrounding areas.
Call us on 01322 907 000 to discuss the auction process, from doing your due diligence and arranging auction finance before the auction to bidding on a property and what happens after you’ve won the bid.
With extensive auction finance experience and as specialists in this field, we can source flexible products with competitive rates that are tailored to your needs. This can include bridging finance, a commercial loan, your exit finance and buildings insurance. Whatever your requirements, just send an email to us at email@example.com or an enquiry via our contact form and our auction finance brokers will reply to you as quickly as possible.