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Desktop Commercial Auction Purchase in Scotland
locationFife
funded£91,000
ltv70%
product
Our client was looking to purchase a semi-commercial property in Fife at auction for £130,000, marking their first step into property investment.
The residential portion of the building was already let, and the plan was to secure a tenant for the commercial unit shortly after completion.
With a gifted deposit from their partner and a tight auction timeline, they needed a lender who could move quickly, without compromising on diligence.
By using a desktop valuation, we kept the process swift and efficient, ensuring the client didn’t miss out.
The Result: Our Loan Agreement
We delivered a £91,000 bridging loan at 70% LTV, using a desktop valuation to avoid delays and meet the auction deadline.
The quick completion allowed the client to move forward with letting the commercial space and begin generating income from their first investment property.
How Bridging Loans Support First-Time Investors
Buying at auction as a first-time investor can be daunting, especially when dealing with mixed-use or semi-commercial assets. We help simplify the process by offering:
- Flexible criteria for new investors
- Desktop valuations to save time
- Clear, supportive communication throughout
- Fast decisions for auction purchases
In this case, the client was able to secure their first buy and start earning income quickly, all made possible with our responsive approach.
Why Choose MS Lending Group for Semi-Commercial Bridging Loans
Whether you’re a first-time investor or a seasoned developer, MS Lending Group is here to help you move at speed especially when it comes to auction deals.
Need finance for your next investment property? Talk to MS Lending Group today.
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