100% Auction Purchase Funding for Property Developer

Client Background

An established South Wales building company with a strong track record in purchasing, renovating, and selling residential property identified a new investment opportunity at auction. Their current project was still on the market, leaving capital tied up at a crucial time.

Challenge

To secure the deal, the client required 100% purchase funding within the 28-day auction deadline, without waiting for their existing project to sell. The target property was a residential investment that needed a fast, confident offer to beat competing bidders.

Solution

Cornerstone Capital arranged a tailored £100k facility that provided:

• 100% of the purchase price, secured against both the target and existing properties
• Advance funding for renovation works, allowing the client to begin immediately
• Credit approval within 24 hours, with valuations and legals instructed the same day

The purchase completed comfortably ahead of the auction deadline.

Outcome & Additional Value

The funding enabled the client to progress without relying on sale proceeds, improving cashflow and business continuity.

Cornerstone has since completed four further transactions for the client, and discussions are underway to structure a buy-to-let retention strategy to begin building a long-term investment portfolio.