Auction Finance
Get in TouchAt Ubique Investment Group, we specialise in providing auction finance solutions and the surrounding postcode area. This service empowers property buyers with the quick funding they need to secure properties at auction.
With our expertise, we ensure a process, from initial consultation through to fund disbursement, enabling clients to capitalise on fast-moving auction opportunities. Whether you're a seasoned investor or a first-time buyer, our solutions can support your needs.
What Is Auction Finance?
Auction finance is a short-term loan specifically designed to help property buyers secure funds quickly for auction purchases. At Ubique Investment Group, we facilitate fast access to funds, ensuring buyers can meet the completion deadlines typical of property auctions.
This financial solution is ideal for investors needing immediate capital, as we streamline the loan approval process using efficient methods such as pre-approval assessments and valuation checks. These assessments help reduce wait times and ensure funds are available as soon as required.
Our finance solutions are flexible, catering to both residential and commercial properties. We offer customised options for varied property types, including buy-to-let investments and mixed-use developments.
Our competitive interest rates and loan-to-value ratios are tailored to each client's needs, providing clarity and confidence during transactions. Contact us to learn more about how our auction finance can support your next property purchase.
How Much Does Auction Finance Cost?
Auction finance from Ubique Investment Group typically costs between 0.6% to 1.5% per month. This cost is influenced by factors such as the duration of the loan, the property value, and the thoroughness required in our due diligence processes.
We assess the property's condition and market value using RICS (Royal Institution of Chartered Surveyors) standards to ensure a precise valuation.
Additional fees may include arrangement fees, typically around 2% of the loan amount, and legal fees required for processing the transaction. For loans secured against commercial properties, we may also consider elements like tenant covenants and lease terms.
For transparency, we provide a detailed breakdown of all associated costs upfront, ensuring you understand the financial commitment involved. Contact us for a tailored quotation that fits your specific needs, allowing you to make informed investment decisions.
Why Choose Ubique Investment Group for Auction Finance?
Choosing Ubique Investment Group for auction finance means selecting a partner committed to your success. Our approach ensures rapid decisions, often delivering loan approvals within 48 hours, crucial for the time-sensitive nature of property auctions.
We offer diverse financing options, including bridging loans and development finance, specifically designed for auction purchases.
Our expert team provides personalised service, guiding you through the process with clarity and confidence. We employ state-of-the-art financial modelling tools and work closely with independent property valuers to assess potential investments accurately.
This careful assessment helps in mitigating risks and identifying opportunities.
By leveraging our extensive network and financial expertise, we secure competitive rates tailored to your financial situation. Our relationships with multiple lenders allow us to negotiate favourable terms, whether you are an experienced investor or a first-time buyer.
Contact us today to discuss how we can assist with your auction finance needs.
Speak to an Auction Finance Expert
Frequently Asked Questions
How quickly can you provide auction finance?
At Ubique Investment Group, we can typically provide auction finance within 7 to 14 days, depending on the complexity of the transaction and due diligence process.
What properties qualify for auction finance?
We provide auction finance for both residential and commercial properties. Our service is designed to cater to investors purchasing a wide range of property types.
Is a deposit required for auction finance?
Yes, a deposit is typically required. The amount varies depending on the property's value and the loan size, generally ranging from 10% to 25%.
Can auction finance be used for renovations?
Auction finance can be used to purchase properties that need renovations. However, the finance is usually limited to the purchase, and additional funds for renovations may need separate arrangement.
Get a Free Quote for Auction Finance
Transform your auction dreams into reality with Ubique Investment Group's tailored financing solutions.