Buying residential property at auction can be a great way of snapping up a bargain and a fantastic tool for growing your buy to let portfolio. Enable Finance are specialist finance brokers who work with professional landlords and now provide an innovative property auction finance facility to help our clients buy from auction with ease.
Fast Auction Finance Rates & Terms
|3 Month Term||6 Month Term||9 Month Term||12 Month Term|
|0.75% per month||0.75% per month||0.99% per month||1.25% per month|
|70% Max LTV||70% Max LTV||70% Max LTV||70% Max LTV|
|3.00% Lenders Fee||2.00% Lenders Fee||2.00% Lenders Fee||1.00% Lenders Fee|
|No exit fee||2% exit fee||2% exit fee||1 month exit fee|
|Free Valuation||Free Valuation||Free Valuation||Free Valuation|
Fast Completion in line with your Auction House terms but can be achieved within 48 hours. Call 0800 316 1612 to enquiry or fill out contact form above.
Property Auction Finance Product Criteria
- For residential investments purchases made at auction
- No credit impaired clients
- LTV based on purchase price/valuation whichever is the lower.
- 100% LTV available with supporting security
- Loans below £40k subject to referral, maximum £250,000
- Free valuation, no lender’s legals fees