Finspace Group

Should First Timers Buy at Auctions – Green or Red Flag?

It’s a green flag, it is possible for first-time buyers to buy at auction.

First Time Buyer At Auction Property

Yes, you can buy property at auction as a first-time buyer but you need to work quickly – we are here to help you!

If you’re a first-time buyer looking to get on the property ladder, buying at auction could be a great option for you. With auction properties often selling below market value, you could get your dream home for a fraction of the price. However, before you start bidding, it’s important to do your research and understand the auction process. You need to know about buying an auction property as a first-time buyer, from finding the right property to making a successful bid. So, if you’re ready to take the plunge into the world of auction property, contact us for everything you need to know.

With our experience, we can help meet your goals and get you the best possible outcome for your financial investments.

Finspace FAQs

Why choose auction finance? +

Auction finance is the perfect choice for property developers who are looking for a fast and flexible way to finance their next project. Our auction finance can provide a quick solution to your financing needs, offering competitive rates and tailored repayment plans that meet your specific needs. We also provide experienced consultants who can help you understand the process and guide you towards the best options for your project.

Difference between auction and other financing options? +

Auction finance offers a unique combination of speed and certainty that other financing options do not. Unlike traditional lenders, auction finance can get your project funded in days rather than weeks or months. Our expert team will assess the feasibility of your project and come up with suitable financial solutions on a case-by-case basis.

Why choose Finspace? +

Finspace offers a more flexible approach to financing than traditional brokers. We are able to offer tailored solutions that are more competitive and oriented to your project needs. With our auction finance, you can benefit from competitive rates. 

Our Process

Simply tell us a little about your business and we’ll be in touch to talk through
possible solutions tailored specifically to you

Application

Decision in
principle

Surveyor
instruction

Legal
instruction

Agreement
& Funding

Simply us a little about your business and we’ll be in touch to talk through
possible solutions tailored specifically to you. 

Our clients say.

As a new start-up developer, with a clear focus on delivering high-quality, contemporary homes that support the drive to mitigate climate change we have been extremely well-supported by [Finspace], as we looked to navigate the wealth of finance options out there in the market.

By Newly Incorporated Developer

Despite all the complexities, (Finspace) were able to secure a lender to enable us to commence our project immediately.

By TR

The line of communication is always open regardless of the day, night, or weekend, valuing the client’s needs over and above everything else. We are looking to do another project (with Finspace) and we have no hesitation in commending them.

By RJ

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