< A new bridging lender has launched today with four specialist bridging finance products and a quick and simple process for residential investment properties being purchased at auction.
Auction Finance 4 Brokers can assist brokers who want to simply refer a client or need help with the packaging of a case.
Its in-house streamlined processes ensure that funds are made available in time for completion - with 24 hour pay-outs possible
Gary Bailey, Director of Auction Finance 4 Brokers, states: “With low rates starting at just 0.75 per cent 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’ve already completed purchases at auction worth more than £225 million for property investors and believe the speedy, simple and effective service on offer from Auction Finance 4 Brokers will be 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.”
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.
Enquiries and more information about these exciting products and services can be found now at the new website www.auctionfinance4brokers.co.uk.
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A new bridging lender has launched today with four specialist bridging finance products and a quick and simple process for residential investment properties being purchased at auction.
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