Bridging Loans with KSEYE: Tailored Solutions with Auction Finance Support
When property opportunities demand swift action, bridging loans offer the financial flexibility needed to succeed. Whether you’re managing an auction purchase, bridging a property sale, or financing renovations, KSEYE provides competitive and tailored bridging loan solutions.
At Auction Finance, we simplify the application process, working closely with KSEYE to ensure your bridging loan is secured efficiently and hassle-free.
Why Choose KSEYE with Auction Finance?
What You Gain with Auction Finance:
- Expert Support: We handle your application from start to finish.
- Improved Approval Chances: Our tailored approach ensures your application meets KSEYE’s criteria.
- Time Savings: We liaise with KSEYE and manage all the documentation.
Key Features of KSEYE Bridging Loans
1. Loan Amounts
From £150,000 to £50 million, suitable for small-scale and large-scale projects.
2. Loan Terms
Flexible terms of up to 12 months, giving borrowers the time needed to arrange long-term financing or complete projects.
3. Loan-to-Value (LTV)
Maximum 75% LTV, enabling you to leverage the property’s value effectively.
4. Interest Rates
Starting at 0.74% per month, offering highly competitive rates for short-term finance.
5. Property Types Supported
- Residential Properties: Including buy-to-let and refurbishment projects.
- Commercial and Mixed-Use Properties: Financing available for multi-use developments.
- Refurbishment Projects: Suitable for light or heavy renovations.
How Auction Finance Supports Your Bridging Loan Application?
Step 1: Initial Consultation
We discuss your property finance needs and assess whether KSEYE’s bridging loans are the right fit for your project.
Step 2: Preparing Your Application
Our team ensures all necessary documents are complete and aligned with KSEYE’s requirements, including:
- Property Details: Location, type, and value.
- Financial Information: Proof of deposit and income details.
- Exit Strategy: A clear plan for repaying the loan, such as selling the property or refinancing.
Step 3: Submission and Liaison
We submit your application to KSEYE and liaise with their team throughout the process, ensuring smooth progression.
- Property Details: Including value and intended use.
- Exit Strategy: A clear plan for repaying the loan, such as a property sale or refinancing.
- Financial Background: Proof of deposit and any additional financial information.
Step 4: Approval and Funding
Once approved, funds are typically released within days, enabling you to act on your property project without delays.
Example Scenarios for Using KSEYE Bridging Loans
Auction Property Purchase:
Scenario: A property investor wins a property at auction and needs £400,000 to complete the purchase within 28 days.
Solution: Auction Finance works with KSEYE to secure a bridging loan quickly, ensuring the investor meets the deadline.
Refurbishment Project:
Bridging a Property Sale:
Scenario: A homeowner wants to buy a new home but is waiting for their current property to sell.
Solution: Auction Finance arranges a bridging loan with KSEYE, covering the purchase until the existing property is sold.
Why Choose Auction Finance?
Faster Approvals: Our close partnership with KSEYE ensures quick decision-making and prompt access to funds.
FAQs
Ans: KSEYE provides bridging loans for residential, commercial, and mixed-use properties, as well as refurbishment projects.
