• Manchester

  • £112,500

  • Auction

  • 12 Days


Auction AIP & Commission Check

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Case study: Middleton, Manchester

Project completed: November 2019

This week’s featured property is a superb auction purchase and refurbishment project.

The Developers were in need of fast access to funds to purchase the property at auction plus additional funds for light refurbishment works including a new kitchen, boiler, electrical rewiring and decorating throughout.

Concerns around the property’s close proximity to a disused mine shaft meant other lenders were delaying on a decision but Mint’s thorough underwriting process meant the loan was approved with £112,500 on a first charge over 12 months term ready for drawdown within 12 working days.

The Developers’ experience has seen them complete the project way ahead of schedule and the property is now on the market for an asking price of £219,950.

More and more developers are turning to Mint Bridging for auction finance, speak to us today regarding your funding needs and to understand why our clients love working with us. With no restrictions on the level of experience required and extremely competitive rates, Mint Bridging are one of the most flexible lenders in the UK.

Do you need Auction or Development Finance? Talk to the Mint Bridging team today: 0161 710 2763

Alternatively, submit an Eligibility Check and find out what you could borrow.

See why intermediaries & brokers trust Mint Bridging

to help them secure auction finance

Transparent

We review all finance options to find tailored funding solutions based on your clients needs

Quick Acceptance

Our auction finance is built for efficiency to help your clients grow without cashflow roadblocks

Service

From direct access to underwriters, quicker commissions & more discover why Mint are best in class

Case study: Middleton, Manchester

Project completed: November 2019

This week’s featured property is a superb auction purchase and refurbishment project.

The Developers were in need of fast access to funds to purchase the property at auction plus additional funds for light refurbishment works including a new kitchen, boiler, electrical rewiring and decorating throughout.

Concerns around the property’s close proximity to a disused mine shaft meant other lenders were delaying on a decision but Mint’s thorough underwriting process meant the loan was approved with £112,500 on a first charge over 12 months term ready for drawdown within 12 working days.

The Developers’ experience has seen them complete the project way ahead of schedule and the property is now on the market for an asking price of £219,950.

More and more developers are turning to Mint Bridging for auction finance, speak to us today regarding your funding needs and to understand why our clients love working with us. With no restrictions on the level of experience required and extremely competitive rates, Mint Bridging are one of the most flexible lenders in the UK.

Do you need Auction or Development Finance? Talk to the Mint Bridging team today: 0161 710 2763

Alternatively, submit an Eligibility Check and find out what you could borrow.


Auction AIP & Commission Check

By using this form you agree with the storage and handling of your data by this website.


See why intermediaries & brokers trust Mint Bridging

to help them secure auction finance

Transparent

We review all auction finance options to find tailored funding solutions based on your clients needs

Quick Acceptance

Our auction finance is built for efficiency to help your clients grow without cashflow roadblocks

Service

From direct access to underwriters, quicker commissions & more discover why Mint are best in class

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