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Is Auction Finance Short Term?

Property Investors and Landlords use Auction Finance in different ways. Those looking to sell the property can enjoy terms up to three years, though most are taken out on 12 months. Landlords use Auction Finance to just purchase the property. With the aim to refinance as soon as possible.

To get access to most of the market, Landlords refinance after six months. We do have access to lenders who will refinance within six months of purchase or renovation. 

If the property needs renovating. This needs to be done and completed prior to refinancing onto Term Finance.

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