Auction Purchase with Refurb & Let Strategy
Auction purchase rescued in 6 days
- Property Type: Residential house (mid-terrace)
- Location: East London
- Purchase Price: £325,000
- Loan Amount: £200,000
- Loan-to-Value: 62%
- Facility Type: Bridging loan for acquisition + light refurbishment
- Turnaround Time: 6 days
- Borrower Profile: Experienced investor with exit via refinance to BTL mortgage
Key outcome
Deal rescued after client’s original broker disappeared. We stepped in with just 6 days left before contractual completion, securing terms and completing in time to avoid penalties or loss of deposit.
Where we added real value
- Immediate triage and case packaging within hours of enquiry
- AVM used to accelerate valuation process
- Rapid alignment with lender to meet tight legal deadline
- Introduced trusted solicitor with auction experience to handle fast-track legals
- No delays, no drama — deal completed under pressure, on time
