Thinking of diving into the exciting world of property auctions? Whether you’re a seasoned investor or a first-time buyer, auctions can offer some seriously good deals—but only if you’re financially prepared. That’s where auction finance comes in.
At GO Financial Services, we specialise in helping our clients secure fast, flexible funding to make auction dreams a reality. Let’s break down what auction finance is, how it works, and why it could be the game-changer you’ve been looking for.
What is Auction Finance, Anyway?
In simple terms, auction finance is short-term funding designed specifically for purchasing property at auction. Unlike traditional mortgages—which can take weeks (or even months) to finalise—auction finance is all about speed and flexibility. That’s because, at auction, you’re typically required to pay a 10% deposit on the day and complete the purchase within 28 days.
If you don’t have the funds ready to go, you risk losing your deposit—and the property. Not ideal, right?
That’s where we come in.
How GO Financial Services Can Help
At GO Financial Services, we know the auction process inside and out. We’ll work with you from the moment you spot your dream property to the day you pick up the keys.
Here’s what we can offer:
Speedy Approvals: We’ll get you pre-approved for auction finance so you can bid with confidence.
Expert Advice: Not sure how much to borrow or what terms suit you best? Our finance brokers are here to guide you.
Access to Specialist Lenders: We’ve built strong relationships with lenders who understand the auction space and can offer deals tailored to your situation.
And it’s not just about securing the loan—you’ll also get strategic insights to make sure your auction investment pays off.
Why Use Auction Finance Instead of a Traditional Mortgage?
Good question. The biggest reason? Timing.
Traditional mortgages often can’t meet the tight deadlines involved in an auction purchase. Auction finance gives you the breathing room to complete quickly, then refinance with a standard mortgage later if needed. It’s like a stepping stone—quick access to capital now, with flexibility down the track.
Plus, it’s handy if you’re buying a “fixer-upper.” Some properties sold at auction aren’t in mortgageable condition—think no kitchen, no bathroom, or structural issues. Auction finance doesn’t shy away from these kinds of properties.
Is Auction Finance Right for You?
If you’re planning to bid at auction and need fast funding, the answer is probably yes. Whether you’re buying a residential home, a commercial property, or your next investment, auction finance could be the bridge that gets you over the line.
That said, it’s not a one-size-fits-all solution. At GO Financial Services, we take the time to understand your goals and financial situation so we can match you with the right product. We’ll talk you through rates, fees, repayment options, and exit strategies—because getting the loan is just part of the journey.
Let’s Chat Before You Raise Your Hand
Heading to an auction soon? Don’t wait until you’ve found “the one” to talk to us. Having finance in place beforehand means you can bid confidently, knowing your funding is sorted.
So whether you’re chasing a hidden gem, a bargain investment, or a quirky little fixer-upper, auction finance might be exactly what you need to make it happen.
Give us a call, shoot us a message, or pop in for a chat—we’re here to help you win big on auction day.
GO Financial Services – Smart Finance. Personal Service. Auction Ready.
📍 Address:
GO Financial Services
EH20 Business Centre, Dryden Rd, Loanhead EH20 9LZ
📞 Phone: 0131 450 7150
🌐 Website: www.gofinancialservices.co.uk
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#AuctionFinance #PropertyAuction #BridgingLoan #AuctionReady #PropertyInvestment #FinanceBroker #GOFinancialServices
