Auctions

Auctions

You are here: Home / Other Services / Bridging Finance / Auctions

Most buyers would not have access to enough finance to buy a property outright, particularly in certain parts of the UK where property prices have significantly increased, so this brings bridging finance into the picture.

Bridging loans are a favoured financial option as they help to join a gap until a long-term mortgage deal or sale can be secured on a property. Pinnacle’s bridging finance for auction is available for commercial buildings, buy-to-let and residential properties. At Pinnacle, we have a proven track record when it comes to negotiating auction finance for our clients when it is needed most.

Available 7 days a week, from 9am to 9pm Click here to contact us today
What's the next steps?
1
Get in touch
Choose by email, phone, or face to face to meet with a qualified advisor who can talk you through the next steps.
Auctions
2
Let’s find out about you
By reviewing who you are, your aims, and what you require from your new mortgage, we leave no stone unturned in finding you the perfect deal.
Auctions
3
Leave the hard work to us
By searching far and wide from thousands of live offers we can secure the best mortgage for you.
Auctions
4
It’s application time
Once ready we will fully package your case and work with the chosen company to gain a successful mortgage offer. Just sit back and relax.
Auctions
5
Welcome to your new mortgage
With a successful offer the money is yours. Spend it wisely!
Auctions
FAQs
Read our often asked FAQs.
How much can I borrow?
There are some methods to give you an approximate amount, such as multiplying your income by x5 or concluding how much you could afford per month.
Do I qualify for a bridging loan?
In order to qualify for a bridging loan, you must have a strong credit history. If you are having some credit issues, they may need to seek private lending options, which can often mean higher interest rates and fees.
What is bridging finance?
Bridging finance is a short-term funding option used to 'bridge' a gap between a debt coming due and the main line of credit becoming available.
How do I apply?
To apply, all you need to do is visit our contact us page to make an appointment or request a quote.
What fees do I have to pay?
For arranging a mortgage, we typically charge a fee of £295 which is only payable on receipt of a mortgage offer. However, this is dependent on your circumstances.
What services do Pinnacle offer?
We offer bespoke services ranging from property sales, conventional mortgage advice through to commercial loans and home insurance.
Available 7 days a week, from 9am to 9pm
Available 7 days a week, from 9am to 9pm