Auction Finance 4 Brokers launches with four bridging products
Auction Finance 4 Brokers, launches today with four specialist bridging finance products and a quick and simple process for residential investment properties being purchased at auction.
Whether a broker wants to simply refer a client or help with the packaging of the case, Auction Finance 4 Brokers’ in-house streamlined processes ensure that funds are made available in time for completion - with 24 hour pay-outs possible.
With the property auction market moving so quickly and competition heating up, Auction Finance 4 Brokers see this as the perfect time to launch this exciting proposition to brokers enabling them to provide the ideal solution for their clients to purchase property at auction, with a fast, simple service and highly competitive products.
Gary Bailey, Director, states:
“With low rates starting at just 0.75% and no exit fee, a choice of terms from three to twelve months, free valuations and no lender’s legal fees and the ability to offer ‘in-principle’ decisions before or during an auction, we believe we offer a complete package for brokers and their clients who are looking to purchase residential properties at auction.
“We’ve seen growing demand for finance from people buying at auction and as specialists in this sector we know what factors are important to brokers and their property professional clients. We believe the speedy, simple and effective service on offer from Auction Finance 4 Brokers will be a winner for everyone concerned.
“Brokers can simply refer the client’s details, auction, auction date and property lot number, and we will do the rest, or if the broker wants to provide this information and obtain some of the client information, such as ID and income verification, we will double the procuration fee."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Buy-to-let
Buy-to-let market 'in transition' as landlords turn to refinancing
MPowered Mortgages
MPowered closes to new business amid potential sale
FCA
FCA bans and fines adviser £100,000
Budget
Reeves lays groundwork for tax rises in surprise pre-Budget speech
Bank Of England
Interest rates held at 4% in narrow 5-4 vote
Budget
What taxes could be raised in the Autumn Budget?