{"id":31550,"date":"2026-06-09T18:09:19","date_gmt":"2026-06-09T10:09:19","guid":{"rendered":"https:\/\/www.articusfinance.com\/?p=31550"},"modified":"2026-08-21T09:39:23","modified_gmt":"2026-08-21T01:39:23","slug":"auction-purchase-completed-in-just-8-working-days","status":"publish","type":"post","link":"https:\/\/www.articusfinance.com\/ae\/case-studies\/auction-purchase-completed-in-just-8-working-days","title":{"rendered":"Auction Purchase Bridge Completed In Just 8 Working Days"},"content":{"rendered":"<h3><strong><span style=\"color: #00424f;\">Key Facts<\/span><\/strong><\/h3>\n<ul data-spread=\"false\">\n<li><span style=\"color: #00424f;\">Property Value: \u00a3950,000<\/span><\/li>\n<li><span style=\"color: #00424f;\">Purchase Price: \u00a3840,000<\/span><\/li>\n<li><span style=\"color: #00424f;\">Bridge Amount: \u00a3672,000<\/span><\/li>\n<li><span style=\"color: #00424f;\">Loan To Purchase Price: 80%<\/span><\/li>\n<li><span style=\"color: #00424f;\">Purpose: Mixed Use Investment\u00a0<\/span><\/li>\n<li><span style=\"color: #00424f;\">Completion Time: 8 Working Days<\/span><\/li>\n<li><span style=\"color: #00424f;\">Exit Strategy: Mixed Use Refinance<\/span><\/li>\n<\/ul>\n<h3 data-start=\"512\" data-end=\"531\"><span style=\"color: #00424f;\"><strong>Client Overview<\/strong><\/span><\/h3>\n<p class=\"isSelectedEnd\"><span style=\"color: #00424f;\">Our client successfully bid on a mixed-use investment property at auction for <strong>\u00a3840,000<\/strong>. The true value of the property sat at \u00a3950,000.<\/span><\/p>\n<p class=\"isSelectedEnd\"><span style=\"color: #00424f;\">As is common with auction transactions, completion was required within 28 days. The client wanted certainty of funding and the ability to move quickly whilst longer-term finance options were explored.<\/span><\/p>\n<p class=\"isSelectedEnd\"><span style=\"color: #00424f;\">The property comprised a ground-floor retail unit with residential accommodation above.<\/span><\/p>\n<p><span style=\"color: #00424f;\">Auction purchases often require fast decision making and access to specialist lenders capable of delivering within tight deadlines.<\/span><\/p>\n<p data-start=\"701\" data-end=\"973\"><span style=\"color: #00424f;\">Are you looking for specialist support with an auction purchase?\u00a0 <em><strong><a style=\"color: #00424f;\" href=\"https:\/\/www.articusfinance.com\/ae\/contact\">Click here to get in contact with one of our experienced brokers today.\u00a0<\/a><\/strong><\/em><\/span><\/p>\n<p data-start=\"763\" data-end=\"896\"><span style=\"color: #00424f;\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/span><\/p>\n<h3 data-start=\"903\" data-end=\"920\"><span style=\"color: #00424f;\"><strong>The <span style=\"color: #00424f;\">Solution<\/span><\/strong><\/span><\/h3>\n<p class=\"isSelectedEnd\"><span style=\"color: #00424f;\">Articus Finance arranged a <strong>\u00a3672,000 bridging facility<\/strong>, representing 80% of the purchase price, with a lender experienced in auction acquisitions.<\/span><\/p>\n<p class=\"isSelectedEnd\"><span style=\"color: #00424f;\">Due to the tight timeframe, we worked closely with the lender, valuer and legal teams to accelerate the process and ensure all deadlines were met.<\/span><\/p>\n<p><span style=\"color: #00424f;\">Our extensive lender panel allows us to source solutions for residential, commercial and mixed-use properties throughout the UK.<\/span><\/p>\n<p><strong><em><a href=\"https:\/\/www.articusfinance.com\/ae\/bridging-loans\"><span style=\"color: #00424f;\">Learn more about our Capital Raising &amp; Bridging Finance solutions here.<\/span><\/a><\/em><\/strong><\/p>\n<p data-start=\"1355\" data-end=\"1428\"><span style=\"color: #00424f;\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><\/p>\n<h3 data-start=\"1435\" data-end=\"1467\"><span style=\"color: #00424f;\"><strong>The Outcome<\/strong><\/span><\/h3>\n<p class=\"isSelectedEnd\"><span style=\"color: #00424f;\">Funds were released and the purchase completed within <strong>8 working days<\/strong>, providing certainty for the client and allowing them to secure the asset without delay.<\/span><\/p>\n<p><span style=\"color: #00424f;\">We are now working with the client to refinance onto a standard, and less expensive, long term semi commercial investment facility.<\/span><\/p>\n<p><a href=\"https:\/\/www.articusfinance.com\/ae\/commercial-mortgages\"><strong><em><span style=\"color: #00424f;\">Explore our Commercial Mortgage solutions here<\/span><\/em><\/strong><\/a><\/p>\n<p data-start=\"1748\" data-end=\"1938\"><span style=\"color: #00424f;\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/span><\/p>\n<h3 data-start=\"1945\" data-end=\"1961\"><span style=\"color: #00424f;\"><strong>Need Funding For An Auction Purchase?<\/strong><\/span><\/h3>\n<p class=\"isSelectedEnd\"><span style=\"color: #00424f;\">If you are considering an auction purchase, it is often beneficial to discuss financing options before bidding.<\/span><\/p>\n<p><span style=\"color: #00424f;\">Our team can provide indicative terms, likely borrowing levels and guidance on lender requirements before auction day.<\/span><\/p>\n<p class=\"isSelectedEnd\"><span style=\"color: #00424f;\"><strong>Speak with Articus Finance before your next auction purchase and ensure your funding is ready when you need it<\/strong><\/span><\/p>\n<p class=\"isSelectedEnd\"><span style=\"color: #00424f;\">View our latest client success stories<\/span><em><span style=\"color: #00424f;\">: <\/span><\/em><strong><em><span style=\"color: #00424f;\"><a href=\"https:\/\/www.articusfinance.com\/ae\/case-studies\"><span class=\"text-token-text-primary cursor-text rounded-sm\" data-placeholder-token=\"true\">Case Studies<\/span><\/a><\/span><\/em><\/strong><\/p>\n<p><span style=\"color: #00424f;\">Arrange an initial consultation:<em><strong> <a href=\"https:\/\/www.articusfinance.com\/ae\/contact\"><span class=\"text-token-text-primary cursor-text rounded-sm\" data-placeholder-token=\"true\">Contact Us Page<\/span><\/a><\/strong><\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Facts Property Value: \u00a3950,000 Purchase Price: \u00a3840,000 Bridge Amount: \u00a3672,000 Loan To Purchase Price: 80% Purpose: Mixed Use Investment\u00a0 Completion Time: 8 Working Days Exit Strategy: Mixed Use Refinance Client Overview Our client successfully bid on a mixed-use investment property at auction for \u00a3840,000. The true value of the property sat at \u00a3950,000. As [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":20671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[62],"tags":[],"class_list":["post-31550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies"],"acf":[],"meta_box":{"guide_title":"Bridging Guide","guide_cover_img":{"width":150,"height":150,"file":"2022\/10\/BRIDGING-GUIDE-SHORT-TERM-FINANCE.webp","filesize":16400,"sizes":{"medium":{"file":"BRIDGING-GUIDE-SHORT-TERM-FINANCE-212x300.webp","width":212,"height":300,"mime-type":"image\/webp","filesize":3032,"url":"https:\/\/www.articusfinance.com\/wp-content\/uploads\/2022\/10\/BRIDGING-GUIDE-SHORT-TERM-FINANCE-212x300.webp"},"thumbnail":{"file":"BRIDGING-GUIDE-SHORT-TERM-FINANCE-150x150.webp","width":150,"height":150,"mime-type":"image\/webp","filesize":1436,"url":"https:\/\/www.articusfinance.com\/wp-content\/uploads\/2022\/10\/BRIDGING-GUIDE-SHORT-TERM-FINANCE-150x150.webp"}},"image_meta":{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0","keywords":[]},"ID":"3968","name":"BRIDGING-GUIDE-SHORT-TERM-FINANCE.webp","path":"\/home\/articusf\/public_html\/wp-content\/uploads\/2022\/10\/BRIDGING-GUIDE-SHORT-TERM-FINANCE.webp","url":"https:\/\/www.articusfinance.com\/wp-content\/uploads\/2022\/10\/BRIDGING-GUIDE-SHORT-TERM-FINANCE-150x150.webp","full_url":"https:\/\/www.articusfinance.com\/wp-content\/uploads\/2022\/10\/BRIDGING-GUIDE-SHORT-TERM-FINANCE.webp","title":"BRIDGING GUIDE SHORT TERM FINANCE","caption":"","description":"","alt":"UK buy-to-let mortgage for British expat in Singapore","srcset":false},"guide-popup":"https:\/\/www.articusfinance.com\/guides\/short-term-finance"},"_links":{"self":[{"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/posts\/31550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/comments?post=31550"}],"version-history":[{"count":5,"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/posts\/31550\/revisions"}],"predecessor-version":[{"id":33317,"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/posts\/31550\/revisions\/33317"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/media\/20671"}],"wp:attachment":[{"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/media?parent=31550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/categories?post=31550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/tags?post=31550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}