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Auction Deposit Funding by Property Credit
Helping Buyers Win at Auction
Ensure your buyers are ready for auction day by securing pre-approval for an auction deposit facility. With Property Credit. They can bid confidently, knowing their deposit is covered.
What Is Auction Deposit Funding?
Auction deposit funding is a type of bridging loan that lets buyers use the equity in their current property to cover the deposit for their next purchase. It’s fast, flexible, and secure—making it easier for bidders to participate in auctions with confidence.
How It Works
- Scan & Apply: Buyers can start by scanning the QR code or visiting property.credit. They can apply for a Buyer Deposit Facility through a simple, streamlined process.
- Utilise Equity: If your buyer is selling their current home, they can use its equity to cover the deposit, saving their on-hand cash for other expenses.
- Get Approved Fast: Auctions move quickly, and so does Property Credit. The team activates deposit facilities within 24 hours, ensuring buyers are pre-approved and ready to bid.
- Secure the Win: When your buyer wins the auction, Property Credit will pay the deposit directly from their pre-approved facility—no delays, no stress—just a smooth, seamless transaction.
Why Offer Deposit Funding at Your Auctions?
Deposit funding removes financial barriers for buyers, encouraging more people to bid at auctions. This creates healthy competition, driving up sale prices and delivering better outcomes for vendors.
Why Choose Property Credit?
- Confident Bidders: Property Credit empowers buyers by offering a seamless process to unlock their equity, get pre-approved, and bid confidently.
- No Cash? No Problem: Secure the property at auction without any upfront costs.
- No Lock-In Contracts: This short-term solution is designed specifically for auctions, with no ongoing repayments or complicated conditions.
- Fast, Simple & Flexible: Avoid the delays of traditional banks. Get approval in under 24 hours to ensure your client never misses an opportunity.
Still Looking for That New Home?
Property Credit can pre-approve a deposit facility for your client, offering the freedom to focus on securing that next dream property without financial worries.
Learn More and Apply Today
Empower your clients to bid confidently on their terms. Visit property.credit/solution/buyer-deposit-facility or scan the QR code to get started.
Let’s make every auction a success, one bid at a time.
Posted 1 week ago