Finance your property.
- Rates from 0.79% per month
- Funding in as little as 24 hours
- No lender legal fees
- Desktop valuations
• Over 1,400 reviews
• Over 1,900 reviews
• Over 1,400 reviews
• Over 1,900 reviews
• Over 1,400 reviews
• Over 1,900 reviews
Ready to talk to us?
How auction finance works.
Designed for speed and flexibility, Auction Finance could be just what’s needed for those tight auction completion timescales (which are often within 28 days or less).
From residential investments, to semi-commercial and commercial properties, you’ve got us to help you get the funding you need.
Any fees can be added to what you’ve borrowed, with a timeline of up to 12 months to repay the loan in a lump sum – whether that be by arranging longer-term finance, selling the property, or realising other funds. In that time, you’ll only make interest payments each month.
Want to find out more?
In Partnership with SDL Property Auctions
Together are proud to work with SDL Property Auctions. They are the UK’s most successful live-streamed auctioneer selling hundreds of residential, commercial and development land lots every month.
Blending professional advice, traditional auction experience and modern technology, their friendly team of auction experts based around the country work hard to make auctions accessible to everyone.
Their Auction Events are broadcast online from their head office auction studio with a live auctioneer at the rostrum and are open to remote telephone, online and proxy bidding. They also hold Timed Auctions on their website every day of the year, starting at a time suitable to the seller. With all lots open to bidding 24/7, buyers can click and immediately place their bids at a time to suit them.
Common questions about auction finance
How much could you lend to me?
The maximum we will lend as auction finance is £5m, with the amount borrowed being worth no more than 75% of the property purchase price. The exact amount you can borrow depends on your situation and value of the property(ies) you're using as security, so please contact us to discuss your individual situation.
What fees will I pay?
At the auction itself, you may have to pay an administration charge to the auction house, and something called a 'buyer's premium'. All of this should be outlined in the auction catalogue so you know before you bid.
We charge an Arrangement Fee, and – depending on the loan you take – you may have to pay an Early Repayment Charge if you repay the loan before the end of the term.
We charge a Redemption Administration Fee when you 'redeem' (i.e. fully repay) your loan, to cover costs associated with closing your account and dispensing our legal claim to your property.
There may also be Legal fees, although we charge no Legal fees in many instances where you're buying residential property at auction.
All of these fees can vary, so we'll ensure that the fees that apply to your particular loan are clearly explained before you sign on the dotted line.
Other fees and charges may be applied to your account during the life of your loan, in relation to the management of your account (for instance, if you fall behind on your monthly payments). These are all explained in our Tariff of Charges.
How quickly could I borrow?
We know that time is often of the essence when you're looking to purchase at auction. That's why we pride ourselves on the way we empower our team to make decisions and give you the fastest possible answer when you need it the most.
The speed at which we can lend will depend on your specific situation, but you'll see from our case studies that we're no strangers to turning things around in as little as 36 hours when it counts.
Can first time buyers buy at auction?
Yes, we can lend to first time buyers looking to buy at auction, and our friendly team can guide you through the process.
Many of us dream of owning our own home, and at Together we look at the bigger picture and get to know the person behind the numbers to enable you to secure your auction property with the finance you need in tight timescales. We’ve helped lots of people buy their first home over the years, when others couldn’t.
I've been rejected for auction finance elsewhere. Will you be able to lend to me?
It's possible. We look at you as much more than just a credit score. If the sums show you can afford the property, we do our best to make it happen. To discuss your exact situation, just fill in an enquiry form and we'll call you back to talk in more detail with no obligation.
Loans offered by Together Commercial Finance Limited are not regulated by the Financial Conduct Authority.
The maximum loan and loan-to-value ratio offered may vary depending on the property and your individual circumstances.
Any property used as security, including your home, may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.