Bluecroft Finance Launches ‘Bluecroft Auction’ – A Bridging Loan Solution Tailored for Residential Auction Purchases
Bluecroft Finance has announced the launch of ‘Bluecroft Auction’, a new bridging loan product designed specifically for residential auction purchases across the UK. The product has been developed in direct response to broker feedback and growing market demand for faster, more flexible auction finance solutions.
The new product offers up to 80% loan-to-value (LTV) and leverages desktop valuations to accelerate the approval process—an essential advantage for borrowers working within the tight deadlines of property auctions. This streamlined approach ensures that deals are completed quickly and efficiently, providing both brokers and borrowers with a seamless experience.
Bluecroft Finance’s dedicated auction team will oversee each transaction from start to finish, ensuring that every deal progresses smoothly and meets the time-sensitive requirements of auction purchases.
David Giovanni, Managing Director of Bluecroft Finance, commented:
“The development of Bluecroft Auction followed in-depth discussions with Bluecroft’s broker panel, whose insights were instrumental in shaping the product’s features and structure. This launch forms part of Bluecroft’s continued expansion of its product offering, as we remain focused on evolving our solutions in line with broker and client needs.
As the business grows, we are committed to bringing further innovative products to market, and brokers can expect more new offerings from Bluecroft in the near future.”
Ross Gandy, Head of Business Development at Bluecroft Finance, added:
“With the launch of Bluecroft Auction, Bluecroft Finance continues to strengthen its position as a leading provider of tailored bridging finance solutions, underpinned by innovation, collaboration, and exceptional service delivery. Feedback from our broker partners plays a vital role in how we design and refine our products, ensuring they are practical, competitive, and aligned with real-world requirements.
We encourage brokers to engage with their regional Business Development Managers, who are on hand to discuss the product in detail and manage any enquiries.”
