This marks the first exclusive deal that SDL Auctions has made with any of its suppliers. 

This arrangement means that Together will be the only finance provider in attendance on auction days.

With this partnership in place, the specialist lender will be able to assist buyers in attendance with short-term finance.

Together will be able to deliver fast funding at SDL Auctions

Why use specialist auction finance?

Unlike traditional property investment, the purchase of property at auction has to be completed within 28 days or sometimes even less.

Quite often mainstream mortgage lenders may be unable to release funds in the short timescale, leaving buyers reliant on specialist auction finance.

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Scott Hendry, director at Together (pictured above, right), said: “We take a commonsense approach to lending and consider all types of properties – including those in need of renovation – and we can deliver funding fast, which is crucial at auctions.

“It’s a testament to the success of our approach that SDL Auctions trusts us to serve its customers and we’re delighted to be their exclusive auction finance partner.

“A significant advantage we are bringing to SDL Auctions and its customers is the ability to secure funding prior to the day.

“Those that are interested in a property, but are unsure of what they can borrow, can apply to us before the auction and receive an offer in principle so – when it comes to bidding – they know what they can spend.

“Our new auction web pages have a host of information to help prospective buyers, including a finance calculator to work out how much they can afford to bid on a particular lot.”