Auction Finance - what to watch out for before you go to Auction including past problems cases

Auction Finance and how does it really work - Buying property has heated up with many bargains coming to the fore due to the pandemic, and Auction Finance is a great method of enabling the opportunity to become a reality. Auction Finance rates are also much more competitive than the past and with the backdrop of a stamp duty holiday projects are looking increasingly attractive. So if you're interested in going to auction and are looking into Auction Finance then why not watch this video by finance expert Mr Payam Azadi. Auction Finance Offering Free Quote No upfront broker fees Broker fees of £499 inc VAT for standard cases paid on completion of the deal Auction, Bridging and Development Finance in one place. Experienced Brokers watch our Youtube channel to learn more A hand picked panel of reputable Auction Finance lenders Loans from £50,000 to £20,000,000 Residential, Buy to Let and Commercial Finance Exit routes First Time Buyers Auction Finance First Time Landlords Auction Finance Light Refurbishment products offered for “flipping” Bridge to Let Product to give landlords certainly and comfort Complex Income structure Lending on the end value #Auction #AuctionFinance #AuctionFunding Get an AuctionFinance quote: https://www.nicheadvice.co.uk/auction-finance-for-property-how-to-choose-the-right-provider-and-complete-on-the-deal-fast/ ++++++++++++++++++++++++++++++++++ To subscribe to this channel click on the link below https://www.youtube.com/channel/UCWu0TaWlZ4z6mFknWxpJshw?sub_confirmation=1 ++++++++++++++++++++++++++++++++++ If you're looking to get Auction Finance you can contact Payam Azadi at Niche Advice https://www.nicheadvice.co.uk/contact... T:0207 9932044 www.nicheadvice.co.uk ++++++++++++++++++++++++++++++++++ THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME OR PROPERTY. A mortgage or other loan secured against your home or property may be repossessed if you do not keep up repayments, or if you do not repay it at the end of the term. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the term of the debt and increasing the total amount you repay. Niche Advice Limited is a mortgage and credit broker, not a lender, and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA Firm Reference Number: 750263. The Financial Conduct Authority does not regulate every mortgage or secured finance product. Commercial mortgages, business buy-to-let mortgages and some bridging finance are not normally regulated by the Financial Conduct Authority. Consumer buy-to-let and regulated mortgage contracts are treated differently, and the protections available to you depend on the product, the borrower, how the property is used and your circumstances. Niche Advice Limited does NOT offer tax advice so is unable to comment on your tax position. Tax advice should always be obtained separately via a suitably qualified professional Tax Advisor or Accountant. Nearly ALL Commercial mortgages are treated as business lending and sit outside the regulation that covers residential mortgages, so the consumer protections that apply to a residential mortgage generally do not apply. The property securing the loan is still at risk if the borrowing is not repaid. The exception to this rule is where the borrower is a small partnership (less than 4 partners) or a sole trader rather than an incorporated entity. In this instance it will be classed as credit broking and fall into Consumer Credit Act. A suitably qualified Mortgage and Credit Broker can explain what does and does not apply to your case.