Auction Finance Calculator
Calculate your total costs before bidding — so you know exactly what you can afford to pay on the day.
Calculate your auction bridge
* Additional fees may apply on a case-by-case basis: Legal Fees, Valuation Fee, Admin Fees, Title Insurance, General Insurance, Fund Transfer and others.
Enter your loan details above to see the cost breakdown.
Add solicitor costs (typically £1,500–£2,500) and valuation fee (£400–£1,200) to total acquisition cost. Factor all costs into your maximum bid before bidding.
Results are indicative only. Actual rates and costs depend on your specific circumstances, security and lender. Learn more about Auction Finance
Free Consultation
Discuss your case
28 days
Traditional auction deadline
75%
Max LTV (residential)
5–10
Working days to complete
£0
Upfront broker fees
What is auction finance?
Auction finance is a bridging loan designed specifically for property purchased at auction. When the hammer falls, the buyer is contractually committed to complete within 28 days (or 56 days for modern method auctions). Standard mortgages cannot complete in this timeframe — only bridging finance is fast enough.
Pre-approval before auction day is strongly recommended. A Decision in Principle from a specialist bridging lender gives confidence to bid and demonstrates to the auction house that funding is in place. Some lenders provide certificates of pre-approval.
After exchange, the lender's solicitors and surveyor work in parallel to complete as quickly as possible — often in 10–15 working days for residential properties with clean title. The bridge is then repaid either from the sale of the property (if it is to be flipped) or refinanced to a longer-term mortgage.
Calculate all costs before you bid — loan costs, arrangement fee, valuation, legal fees and your planned refurbishment budget. The total acquisition cost must leave sufficient margin for your planned exit price to generate a profit.
The Process
Pre-Approval
Get a Decision in Principle before auction day. Submit property details, your intended use and exit strategy. We confirm indicative terms so you can bid with confidence.
Bid & Exchange
Win the lot. The 28-day completion clock starts. Solicitors instructed same day. Valuer instructed immediately.
Valuation & Offer
RICS surveyor values the property — desktop where possible to save time. Formal offer issued typically within 5–7 working days.
Completion
Solicitors complete the purchase. Bridge funds released. You own the property. Plan your refurbishment or hold for sale.
FAQs
Frequently asked questions
Ready to proceed?
No obligation. No upfront fees. Speak with a specialist.
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