Buying a Property at Auction with Cornerstone Capital
Purchasing a property at auction can be an exciting and rewarding experience. The fast-paced nature of auctions requires quick decisions and ready cash to secure the best deals. At Cornerstone Capital, we specialise in short-term finance solutions that make buying property at auction smooth and stress-free.
Why Consider a Bridging Loan for Auction Purchases?
A bridging loan is a fast and flexible financing option designed to meet the time-sensitive demands of property auctions. With a quick turnaround, you can access the funds you need when you need them most.
- Speed: Funds available in days, not weeks.
- Confidence: Secure financing before the auction with an Offer in Principle.
- Flexibility: Use it for residential, commercial, or investment properties.
How We Help You Bid with Confidence
Early Loan Assessment
Once you’ve identified a target property and determined your maximum bid, we can evaluate your financing needs early in the process. We’ll provide a tailored loan review to ensure your funding is ready.
Offer in Principle
We can issue an Offer in Principle before the auction, giving you peace of mind that your finance is secured. This means you can enter the auction room knowing you can confidently bid up to your pre-determined limit.
Fast Funds for Completion
After a successful bid, auction terms typically require a deposit immediately and full payment within 28 days. Our bridging loans are designed to meet these deadlines, ensuring your purchase is completed smoothly.
Why Choose Cornerstone Capital?
At Cornerstone Capital, we understand the importance of speed and flexibility when it comes to auction finance. Our expert team is committed to making lending decisions quickly, so you can focus on winning your dream property.
- Quick Turnaround: Access funds in as little as a few days.
- Tailored Solutions: Flexible loan options designed to meet your specific needs.
- Expert Support: Guidance at every step, from initial review to completion.
Whether you’re a first-time buyer or a seasoned investor, Cornerstone Capital can help you navigate the auction process with confidence. Contact our team today to discuss your auction finance needs and secure your Offer in Principle.
