Supreme Finance

Bridging Loans for Auctions

Bridging Loans for Auctions

Any property which is bought at auction usually gives you 28 days to complete. You should ideally use a specialist bridging lender, who is geared up to cater for auction purchases. These lenders are normally “non-status” (i.e. they make no enquiries of the financial standing of the borrower), and have no minimum periods or redemption penalties

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