Auction Finance Limited :: Product Quick Guide

Auction Finance Limited has launched a new range of products in response to demand from property investors frustrated by the six month remortgage issue.

The six month remortgage issue is a policy which has been put in place by many mortgage lenders stipulating that investors should have owned a property for at least six months before they are able to remortgage. The new products from Auction Finance Limited include a six month remortgage bridge and a three month remortgage bridge together with its current flexible bridge. These products assist investors who can now take a remortgage bridge and then move onto a traditional bank/building society mortgage after six months.

•  Free valuation*
•  No lender’s legal fees
•  No exit fees
•  2% arrangement fee
•  1.2% per month for
   6 months
•  Minimum 6 month term

Extended terms available
subject to terms and conditions

*Where applicable

•  Free valuation*
•  No lender’s legal fees
•  No exit fees
•  2% arrangement fee
•  1.25% per month for
   3 months
•  Minimum 3 month term

Extended terms available subject to terms and conditions

•  Free valuation*
•  No lender’s legal fees
•  1% arrangement fee
•  From 1.25% per month
•  Flexible 12 month term
•  No minimum period
•  Standard 1 month exit

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Introduction Auction purchases Land finance Bridging finance Development finance Buy to let Portfolio investment Almost any property Overseas	Auction Finance Limited has launched a new range of products in response to demand from property investors frustrated by the six month remortgage issue. The six month remortgage issue is a policy which has been put in place by many mortgage lenders stipulating that investors should have owned a property for at least six months before they are able to remortgage. The new products from Auction Finance Limited include a six month remortgage bridge and a three month remortgage bridge together with its current flexible bridge. These products assist investors who can now take a remortgage bridge and then move onto a traditional bank/building society mortgage after six months. • Free valuation* • No lender’s legal fees • No exit fees • 2% arrangement fee • 1.2% per month for 6 months • Minimum 6 month term Extended terms available subject to terms and conditions Where applicable • Free valuation • No lender’s legal fees • No exit fees • 2% arrangement fee • 1.25% per month for 3 months • Minimum 3 month term Extended terms available subject to terms and conditions • Free valuation* • No lender’s legal fees • 1% arrangement fee • From 1.25% per month • Flexible 12 month term • No minimum period • Standard 1 month exit