Bridging Loans with Funding 365: Expert Support with Auction Finance

Bridging Loans with Funding 365: Expert Support with Auction Finance
Bridging loans are essential for property investors and developers navigating time-sensitive opportunities. Whether you’re purchasing at auction, funding renovations, or bridging a property chain, Funding 365 offers flexible and reliable bridging finance solutions.

At Auction Finance, we simplify the process of securing Funding 365 bridging loans, ensuring a smooth experience from application to funding.

Why Choose Funding 365 with Auction Finance?

Funding 365 is a trusted specialist lender offering bespoke bridging loans tailored to individual property finance needs. By partnering with Auction Finance, you benefit from:
  • Streamlined Process: We handle all aspects of the application.
  • Tailored Support: Personalised advice to maximise your funding potential.
  • Quick Approvals: Ensuring fast access to capital for your project.
  • Key Features of Funding 365 Bridging Loans

    1. Loan Amounts

    1. Loan Amounts From £100,000 to £10 million, supporting both small and large-scale projects.

    2. Loan Terms

    2. Loan Terms Flexible terms from 3 to 24 months, allowing you to align the loan duration with your project timelines.

    3. Loan-to-Value (LTV)

    3. Loan-to-Value (LTV) Up to 75% LTV, enabling borrowers to leverage their property’s value effectively.

    4. Interest Rates

    4. Competitive Interest Rates Starting at 0.74% per month, offering affordable short-term financing.

    5. Property Types Supported

  • Residential Properties: Including buy-to-let and refurbishment projects.
  • Commercial and Semi-Commercial Properties: Catering to multi-use and business developments.
  • 6. Interest Payment Options

  • Serviced Interest: Monthly payments to reduce the total cost.
  • Rolled Interest: Paid at the end of the loan term for easier cash flow management.
  • How Auction Finance Simplifies Your Application?

    Step 1: Initial Consultation We assess your project and determine whether Funding 365’s bridging loans suit your needs.

    Step 2: Preparing Your Application

    Our team ensures your application meets Funding 365’s requirements, including:

    • Property Details: Type, location, and valuation.
    • Financial Information: Proof of deposit and income.
    • Exit Strategy: A clear repayment plan, such as refinancing or selling the property.

    Step 3: Submission and Liaison

    We handle submission to Funding 365 and liaise with their team throughout the process to ensure quick approvals.

    Step 4: Valuation and Legal Process

    • Valuation: Funding 365 arranges for a property valuation to confirm market value.
    • Legal Work: We coordinate with solicitors to finalise loan agreements promptly.

    Step 5: Approval and Funding

    Funds are typically released within days of approval, enabling you to proceed with your property project without delays.

    Example Scenarios for Funding 365 Bridging Loans

    1. 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 Funding 365 to secure a bridging loan quickly, ensuring the investor meets the deadline.

    2. Bridging a Property Chain

    Scenario: A buyer purchases a property but is waiting for their current home to sell.

    Solution: Auction Finance arranges a bridging loan with Funding 365 to bridge the gap, repaid upon the property sale

    3. Refurbishment Project

    Scenario: A landlord renovates a buy-to-let property to increase rental yield.

    Solution: Auction Finance helps secure a 12-month bridging loan with Funding 365, enabling the landlord to refinance once the renovations are complete.

    Why Choose Auction Finance?

    Expert Knowledge We specialise in bridging finance, ensuring your application meets Funding 365’s criteria.
    Tailored Guidance We provide personalised advice on structuring your loan to suit your project’s unique needs.
    Transparent Process We keep you informed at every stage, ensuring clarity and confidence throughout.
    Fast Approvals Our partnership with Funding 365 facilitates quicker decisions and funding.

    FAQs

    Q 1. Who can apply for a Catalyst bridging loan?

    Ans: Catalyst lends to individuals, companies, and trusts, including those with complex financial situations.

    Ans: Catalyst offers bridging loans with terms up to 24 months.

    Ans: An exit strategy is a plan for repaying the loan, such as refinancing onto a long-term mortgage or selling the property.

    Ans: Yes, fees for valuation, arrangement, and legal services apply but are clearly outlined during the application process.

    Ans: Yes, Catalyst allows early repayment without penalties, potentially saving you interest costs.

    Ready to secure your auction success?

    Get in touch today and turn your bids into wins!

    Start Your Application Now