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  • Auction Tribe

    Finance deadlines when buying at auction

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    Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **5 reasons to get your FREE portfolio review NOW**
    Buying at an auction can be fraught with problems if the key element of funding timing is not properly planned and implemented.

    Auction purchases are often supported by bridging finance / short term lending. We have sourced our lender partners very carefully and the MD of Shawbrook chose to support Property Tribes Bridging in his presentation:







    Other useful hints and tips videos can be found >>> here.

    On the PTB website we also have some useful guides for arranging auction finance in a structured and efficient way >>> here.

    For more details and a comprehensive discussion to properly plan your business, contact the Team at Property Tribes Financial Services.

    The PTFS Team are fully regulated and authorised as financial advisers and can also help you with BTL mortgages, residential mortgages, life cover and estate planning.

    Part of the pre-auction due diligence that every potential buyer should carry out, is the overall debt strategy including the all important exit strategy to move on from either the cash or bridging finance arrangement. Working with an experienced Adviser can make the world of difference.

    Hope this helps.
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    At Property Tribes Financial Services you can access tailored options for bridging, short term lending, commercial mortgage & BTL solutions, sourced from a huge range of banks, building societies and specialist lenders, via a team of industry award winning Advisers.

    * http://www.PropertyTribesFinancialServices.com is a co branded venture, staffed by a professional Team of financial advisers and mortgage brokers.  We are the ONLY 'face to face' financial services Firm directly accountable to Property Tribes / Vanessa and Nick.

    We also provide a full financial planning service for residential mortgages, life cover, wills and estate planning.

    T: 01206 654 444

    E: advice@ptfs.co.uk

    Property Tribes Financial Services

    Property Tribes Mortgage Sourcing Tool < online mortgage sourcing for BTL, resi, purchase and remortgages

    JOIN US - NOW RECRUITING MORE MORTGAGE BROKERS AND INSURANCE ADVISERS  email joinus@ptfs.co.uk  DEDICATED ADVISERS FOR http://www.PTFS.co.uk ALSO REQUIRED. 

    Twitter: @PptyTribeFinSvc

    Just adding a new video to this thread that answers a very common question:

    Can I buy a property at auction using a mortgage?




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    Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **5 reasons to get your FREE portfolio review NOW**