Bridging Finance Completed in Just 14 Days

Auction purchases move fast, and the finance behind them has to move just as fast to avoid losing the deal entirely.

The Challenge

Our client, a property investor, had successfully bid on a property at auction but faced the standard tight completion deadline that comes with it. A conventional mortgage simply wasn't going to be arranged in time, and missing the deadline would have meant losing both the property and the deposit already committed.

The Solution

We arranged bridging finance through a lender able to move at the pace the deadline demanded, coordinating valuations and legal work in parallel to keep the timeline on track from application through to completion.

"Auction deadlines don't move, so the finance has to work around them, not the other way round," said Marcus, Senior Mortgage Adviser at The Mortgage Centre. "Fourteen days is tight, but it's exactly the kind of timeline bridging finance is designed for."

The Outcome

The bridging loan completed within the 14-day window, allowing our client to complete on the auction purchase on time and secure the investment.