Intermediary site Home Case studies Last-gasp auction rescue by Together and SPF saves deal from collapse Last-gasp auction rescue by Together and SPF saves deal from collapse We’ve come to the rescue of a buyer who was set to lose an auction property she’s had her heart set on, after being let down by a broker. Working with our partner SPF Short Term Finance, we managed to provide the £430,000 bridging loan the investor needed to buy the Surrey property – within a week. A physical valuation of the auction property was carried out two days after the case was first submitted, with all legals executed the following day, a Friday. On the following Monday, the valuation was received, the offer was issued and the funds released. It was a tight deadline, as the property was due to go back into auction the next day had the finance not been agreed. Sundeep Patel, our head of intermediary sales: “This was a great result and we’re delighted to have helped the customer with her aspirations to buy her chosen property. “The case was expertly packaged for us by SPF and this kind of case just shows how important it is for us to work with quality partners who really understand how a bridging lender with knowledge and expertise can get the best outcome for their client.” Amadeus Wilson, director of SPF Short Term Finance, said: “We really needed to pull out all the stops on this one as the buyer was desperate. She had been let down badly by another broker and was about to lose out on the property. “These are difficult market conditions but Together was able to do an excellent job at a time when many lenders have service issues. We were delighted to be able to tell the client that the bridging finance had been approved and the property was hers.” Any property used as security, including your home, may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. Share Make a bridging loan enquiry We look at each case on its own merits. Find out more Personal bridging loan FAQs Helping you find the right answers to our personal bridging loans. Find out more Latest news See what we've been up to. Find out more Follow us on Careers Website terms of use Privacy and cookie policy Manage Cookies Company policies Fair Processing Notice I have received someone else’s documents Important documents Together blog Together reviews The Great House Giveaway Sitemap Copyright 2021 Together is a trading style of each of the undernoted companies, which have their registered office address at Lake View, Lakeside, Cheadle, Cheshire SK8 3GW. Together Financial Services Limited | Registered in England and Wales - Company Registration Number 02939389. Together Financial Services Limited is the operator of this website. Together Personal Finance Limited is authorised and regulated by the Financial Conduct Authority (FCA) | Registered in England and Wales - Company Registration Number 02613335. FCA number is 305253. Together Commercial Finance Limited | Registered in England and Wales - Company Registration Number 02058813 SPOT Finance Ltd trades under 2 trading names; Spot Finance Limited (Registered) and Together (trading). SPOT is authorised and regulated by the Financial Conduct Authority (FCA) | Registered in England and Wales - Company Registration Number 01998543. FCA number is 724450. Auction Finance Limited | Registered in England and Wales - Company Registration Number 04949929 Bridging Finance Limited | Registered in England and Wales - Company Registration Number 03166982 Blemain Finance Limited is authorised and regulated by the Financial Conduct Authority | Registered in England and Wales - Company Registration Number 01185052. FCA number is 719121. Together Personal Finance Limited is a member of the FLA. The FLA Lending Code can be found at www.fla.org.uk. Developed by Kagool