What is auction finance?
Auction finance is bridging arranged to complete within the standard 28-day auction deadline. Berkeley Credit gives a decision in principle the same day and works to the date, lending from £50,000 to £25,000,000, from 0.79% per month, on residential investment and commercial lots in England and Wales.
Built for the 28-day clock
When the hammer falls you’re usually committed, with completion due in 28 days and your deposit at risk if you miss it. Auction finance exists for exactly that pressure. Get a decision in principle before you bid so you know your budget and can act with certainty — or bring us the lot straight after the sale and we’ll move immediately.
What we fund at auction
- Residential investment lots (up to 70% LTV)
- Commercial and mixed-use lots (up to 65% LTV)
- Refurbishment and repositioning projects bought under the hammer
How we hit the date
A same-day decision, then valuation and legals run in parallel rather than in sequence. Where title is clean and you and your solicitor move promptly, 28 days is comfortable. We give an honest timeline up front and tell you early if anything threatens it. We lend on investment and business lots, not on a home you’ll live in. → Fast property finance · Refurbishment finance
Frequently asked questions
Can you complete within 28 days?
Yes — it’s what the product is built for. With a clean title and prompt legals, the standard 28-day deadline is comfortable; we give an honest timeline for your lot.
Should I arrange finance before I bid?
Ideally yes. A decision in principle before the auction tells you your budget and gives you certainty of funds, so you can bid and complete with confidence.
Can you fund a lot that needs refurbishment?
Yes. Auction lots needing work are common; we can fund the purchase and consider the refurbishment, with an exit by refinance or sale.
Bidding soon? Talk to us today
Send us the lot or the catalogue link and get a same-day decision before you bid. £50,000 to £25,000,000 across England and Wales.
Call 07887 179096 · Email info@berkeleycredit.co.uk
Berkeley Credit Limited is registered in England & Wales (Company No. 16111009) and with the FCA under the Money Laundering Regulations (No. 1029007); not fully FCA authorised; no regulated advice. All lending is for business and investment purposes only, on property the borrower does not occupy, and subject to valuation, legals and underwriting.