Auction Bridge

In order to bid successfully at auction, you need to feel confident that the necessary funds will be available to you when you need them. Our bespoke auction product can be available in a matter of days, which means no missed opportunities at auction or stressful times waiting for funds to clear.

MAXIMUM LOAN

£7,500,000* 

MINIMUM LOAN

£50,000

MAXIMUM LTV

70% of 180 day or 90% of PP

ARRANGEMENT FEE

2%

BROKER COMMISION

Negotiable

MONTHLY INTEREST

From 0.79%, up to 1.19%

INTEREST PAYMENT METHOD

Serviced or retained

MINIMUM TERM

3 Months

MAXIMUM TERM

18 Months

*Larger loans available on a case by case basis. Refer for more details. 

*90% of purchase price is available on residential and semi-commercial assets subject to that sum being < 70% LTV

Talk to us at Black & White Bridging for a no-nonsense approach to lending, when we say truly transparent lending, we mean it. We are a friendly team of experts ready to help you get the job done with no grey areas, meaning no grey hairs either…

Enquire Now

Send us a message and one of the team will be back with a rapid response regarding your deal. 

PROPERTY

Residential, HMO’s, non-standard construction, commercial and semi-commercial

TENURE

Freehold or leasehold with more than 60 years left on the lease

BORROWER

Up to four UK and non-UK residents and limited companies

TYPE OF CHARGE

First legal charge, a floating charge is required when the borrower is a limited company

WORKS*

Light refurbishment works, such as kitchens, bathrooms, floor coverings, general decoration and extensions where stage payments are not required, no structural alterations and no planning permission is needed

*Please refer to the criteria page for standard loan criteria for all products