Auction Purchase
Why work with GMSL on Auction Purchase?
Auction purchases can be a great way to snap up property at the best prices, it is imperative to have the correct finance in place when you go to auction to secure this. After the hammer goes down a deposit of approximately 10% will be required on your new property and then we will work to the timescales as per your contract to get the deal to completion. If your client is a property developer or private individual we will secure the finance quickly, maximizing the possibilities of the new property.
AREAS WHERE WE CAN HELP
- Funds Available quickly
- Up to 85% LTV or 100% LTV with additional security
- Pre-approved mortgage in principle
- Unhabitable properties
- Commercial/Semi-Commercial properties
- Land with or without planning
- Bridge to Let facilities