Use our AI loan finder to get a better rate on auction finance than Barclays
Barclays Auction Finance
Want a better rate than Barclays? Get an instant indicative repayment figure using our auction finance calculator
Compare the best auction finance to Barclays using the loan comparison calculator provided. Best rates for auction finance.
With a history dating back more than 325 years, Barclays has the kind of pedigree that speaks for itself. Credited with introducing the world to its very first ATM, Barclays is known as a champion of innovation and proactive financial services for private and business customers alike.
Barclays auction finance
Auction finance typically consists of short-term finance or bridging loans that will allow the user to quickly and easily purchase property at an auction. Because these loans can generally be arranged very quickly, it is easy for the user to purchase property within the timeframe of the auction house, which prevents them from losing their desired property due to difficulty getting funding in the required time.
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It is important for borrowers to make sure that they have already decided not only how much money they want to spend on a piece of property but also what kind of property they want to buy. Because auction finance is often used by landlords looking to add more property to their portfolio, it is important to have a clear understanding of the type of property that is up for auction as well as how it will be used once it is purchased.
Let our AI software compare rates for auction finance against high-street banks and other institutions: