No Valuation Auction Purchase in Plymouth

locationPlymouth

funded£120,400

ltv83%

product

Commercial

Our client approached us looking to purchase a second flat within a two-unit block in Plymouth, a building where they already owned the first flat and held the freehold.

With prospective tenants already lined up, timing was crucial. They needed to complete the purchase quickly to avoid missing out on early rental income.

Using our no valuation bridging product, we were able to move fast and provide the funding they needed without the usual delays associated with traditional property valuations.

The Result: Our Loan Agreement

We delivered a £120,400 bridging loan at 83% loan-to-value (LTV) using an Automated Valuation Model (AVM) allowing the client to proceed without the cost or wait time of a physical valuation.

This enabled a fast and cost-effective completion, helping the client move ahead with their letting plans and begin generating rental income right away.

How Bridging Loans Help Investors Move Quickly

For buy-to-let investors and portfolio landlords, time is money. Bridging loans are a smart solution when you need to act fast, particularly in auction or off-market purchases.

Benefits include:

  • High LTV options up to 85%
  • No valuation delays with AVM options
  • Straightforward, efficient processes

In this case, we enabled the client to expand their holdings within a building they already controlled with minimal delay and maximum efficiency.

Why Choose MS Lending Group for Auction Bridging Finance

At MS Lending Group, we make fast, flexible funding simple, especially for auction purchases and time-sensitive investments.

Whether you need a no valuation bridge, a high LTV product, or a quick turnaround, our team is here to deliver. Get in touch today to see how we can help with your next property investment.

READY TO MAKE AN APPLICATION?

Submit our application form or speak to one of our team members if you have any questions