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Auction Finance

The main benefit of auction finance is the speed at which funds can be delivered. MT Finance is often able to make lending decisions within hours of an initial enquiry and funds can be released in a matter of days.

What’s more, we will work closely with your client to ensure they go into an auction fully prepared and at a competitive advantage over others. If they have identified a target property and set a maximum level they are willing to pay, we can review their loan options at an early stage, prior to auction and provide them with indicative terms. They can then go into the auction room and bid with confidence, knowing their funds will be delivered in time for completion, with minimum fuss.

Product Features

  • Rates from 0.69%
  • Loans from £50,000- £10,000,000
  • Up to 70% LTV
  • Terms from 1-24 months
  • Adverse credit, CCJs and arrears accepted
  • No up-front fees, no exit fees, no ERCs
  • No credit scoring
  • Residential, commercial & semi-commercial property