Auction finance for time-critical property purchases
Complete auction purchases quickly with streamlined underwriting, instant valuation, immediate legal instruction and an expedited legal process without searches.
Deals we fund
Colenko provides auction finance for a wide range of property strategies following a successful bid. Typical uses include bridge-to-let transactions, refurbishment projects, below market value purchases and acquisitions supported by a gifted deposit.
Bridge-to-Let
Refurbishment
BMV
Gifted Deposit
Key facts
| Loan Amount | Up to £1 million |
| Loan Term | Up to 18 months |
| Loan-to-Value (LTV) | Up to 75% |
| Monthly Rate | From 0.75% per month |
| LTV | Up to 75% |
| Valuation | AVM |
| Legals | Instant instruction |
| Title Insurance | Yes |
| Security | First charge |
| Ownership | Individual or SPV |
| Region | England and Wales |
Our process
Auction purchases require a fast and coordinated approach to ensure completion within the typical 28-day deadline. Our process is designed to identify issues early and keep the transaction moving quickly.
Contact our sales team
mark@colenko.com
020 4576 9470
lee@colenko.com
020 7948 9706
Why choose Colenko?
Choosing a lender is about more than rate. With Colenko, you gain a proactive partner, clear communication at every stage, and the necessary experience to keep your transaction moving from first conversation through to completion.
Clarity
We lend with a clear understanding of your circumstances, providing full transparency on what we can offer. By assessing your situation thoroughly, we deliver funding that works from the outset.
Communication
We keep you informed throughout the process with clear, straightforward updates. You can move forward with confidence, supported by consistent and reliable communication.
Commitment
When we issue terms, we stand behind them. We navigate complexity, overcome challenges, and remain committed every step of the way to ensure your loan progresses smoothly to completion.
What our clients say
Here’s what clients say about working with Colenko. From first conversation to completion, we focus on clear communication, practical solutions, and keeping deals moving.
“I had a really positive experience with Colenko. The team stepped in and helped complete the deal smoothly. They were proactive throughout and communication was clear from start to finish. The process was well managed and efficient. I’d happily recommend them.”
Marianne, Kensington
“Our broker recommended Colenko and, given our tight timeframe and first auction purchase, we were initially a little hesitant. However, the team were excellent from the start. They were supportive, attentive and kept us updated while guiding us through the process.”
Olu, Lewisham
“We’ve worked with Colenko on several transactions and the experience has always been smooth. The team act quickly to ensure deals complete on time, even with tight auction deadlines. Their responsiveness and efficiency make the whole process straightforward.”
Michael, Oxford