Auction Bridging Loans in the UK
Short-term property finance designed to help you meet 28-day auction completion deadlines.
Why Auction Bridging Loans Are Needed
When you purchase at auction, contracts exchange immediately and completion is typically required within 28 days.
Traditional mortgage lenders often cannot meet this timeline.
Auction bridging finance is structured specifically for speed, allowing you to secure the property and then refinance or sell once your longer-term solution is ready.
How Fast Can Auction Finance Complete?
Many auction bridging loans complete within 7–21 days (case dependent). Speed depends largely on:
- Immediate solicitor instruction
- Valuation access
- Clear legal title
- Complete AML documentation
Speed Tip:
Send the auction legal pack to your solicitor immediately after exchange. Early legal review prevents unnecessary delays.
Common Auction Scenarios
- Below-market-value purchases
- Unmortgageable property
- Heavy refurbishment projects
- Mixed-use property
- Chain break purchases
Exit Strategies After Auction Purchase
A strong exit strategy is essential. Most auction borrowers exit via:
- Refinance onto buy-to-let or residential mortgage
- Sale after refurbishment
- Capital raise from alternative asset
For official property ownership records and title guidance, see:
HM Land Registry.
Documents Required
- Auction legal pack
- Proof of deposit
- ID and AML documentation
- Solicitor details
- Clear exit summary
Frequently Asked Questions
Can a bridging loan meet a 28-day auction deadline?
Yes, many auction bridging loans complete within 7–21 days depending on legal and valuation readiness.
What happens if completion is delayed?
Failure to complete on time may result in deposit loss and penalties. Speed and preparation are critical.
Is auction bridging regulated?
If the property will be owner-occupied, regulation may apply. Investment purchases are typically unregulated.
Buying at Auction?
Share the property details and completion deadline — we’ll advise on structure and timing.