The main benefit of auction finance is the speed at which funds can be delivered. MT Finance is often able to make lending decisions within hours of an initial enquiry and funds can be released in a matter of days.
What’s more, we will work closely with your client to ensure they go into an auction fully prepared and at a competitive advantage over others. If they have identified a target property and set a maximum level they are willing to pay, we can review their auction finance loan options at an early stage, prior to auction and provide them with an Offer in Principle. They can then go into the auction room and bid with confidence, knowing their funds will be delivered in time for completion, with minimum fuss.find out more
- Rates from 0.65%
- Loans from £50,000- £10,000,000
- Up to 70% LTV
- Terms from 1-24 months
- Residential/commercial/semi-commercial assets
- Adverse credit, CCJs and arrears accepted
- No up-front fees, no exit fees, no ERCs
- No credit scoring
We will review your enquiry and if our criteria matches your requirements, we will review and respond with an Offer in Principle (OIP). We can usually provide you with an OIP within 2 business hours. If you're happy with our offer, simply sign it and email it back to us.
We will instruct a RICs surveyor from our panel to value all properties offered as security for the loan – our valuation reports are typically produced within 72 business hours. Whilst we wait for the valuation report, we will need your solicitor’s details.
We will send your solicitor our Checklist of Requirements. If the valuation report is acceptable for the loan to proceed as per the terms agreed, we will confirm this to your solicitor and then issue the mortgage deed for your witnessed signature.
Once our solicitor is in receipt of all satisfactory replies and supporting documentation, we are ready to go! Within 24 hours of receipt of the report on title, we arrange the transfer of funds to your solicitor to complete the transaction.
we are a leading property finance lender
providing fast, flexible and transparent solutions including:
We believe a bridging loan should either make or save a borrower money. Our streamlined process allows us to cut through delays and deliver funds exactly when, and how, they are needed.find out more
Our short-term refurbishment loan products are available to property investors, landlords and developers who are looking to upgrade their investment assets with speed and minimum fuss.find out more
The main benefit of auction finance is the speed at which funds can be delivered. MT Finance is able to deliver funds in a matter of days and we can approve an application prior to auction.find out more
Our heavy refurbishment product is designed to help property investors and developers fund a renovation with speed. We can also provide funding in stages to keep the costs down.find out more
A second charge bridging loan could be the ideal solution for those who already have a mortgage secured against their property but require further funds for a short period of time.find out more
A short-term loan from MT Finance is an effective means of raising funds quickly, enabling landlords and property investors to take advantage of investment opportunities in the buy-to-let market.find out more
Whether funds are needed to acquire stock, provide additional capital to stimulate growth, or to facilitate a new venture, MT Finance is committed to providing liquidity to the SME sector.find out more
We can make lending decisions within hours of initial enquiry and release funds in less than a week, preventing borrowers from missing out on time-sensitive opportunities that come their way.find out more