Use our AI loan finder to get a better rate on auction finance than Royal Bank of Scotland
RBS Auction Finance
Want a better rate than RBS? Get an instant indicative repayment figure using our auction finance calculator
Compare the best auction finance to Royal Bank of Scotland using the loan comparison calculator provided. Best rates for auction finance.
The Royal Bank of Scotland (RBS) has a history dating all the way back to 1695, making it Scotland’s oldest bank by a wide margin. Now part of the Lloyds Banking Group, RBS supports millions of private customers, businesses, and communities across the UK.
Auction finance at RBS
With a global audience of more than 30 million customers, the Royal Bank of Scotland (RBS) is one of the world’s biggest and most prosperous banks. Offering an extensive range of personal, private, and business banking services, RBS provides loan options to suit most everyday requirements.
Unfortunately, there are currently no specific auction finance products available from RBS. Conventional mortgages and business loans are in short supply but may not prove suitable for those looking to buy properties at auction. Bridging loans and short-term financial products in general are largely unavailable from RBS.
Quick and convenient auction finance
Auction finance is typically provided in the form of a bespoke bridging loan. If you’re looking to buy a property at auction, you’ll usually be required to pay a 10% deposit on the day, followed by the remaining 90% within a week or two. As traditional mortgages often take several weeks or months to organise, they’re not the best fit for auction property buyers.
Even if RBS cannot provide the loan you need, we can certainly help. At Donkey Finance, we work closely with established and independent lenders across the UK. Specialising in dynamic financial products for all purposes, we can provide you with the auction finance you need, however quickly you need it.
Rather than letting a golden investment opportunity slip you by, contact the team at Donkey Finance, and we’ll set you up with an unbeatable deal.
| Browse all RBS comparison services | |
|---|---|
| RBS Bridging Loans | RBS Commercial Finance |
| RBS Development Finance | RBS Loans |
| RBS Mortgages | RBS Auction Finance |
Poor credit auction finance
In most instances, auction finance is secured on the borrower’s existing property. Even with a poor credit history, you still stand a strong chance of being accepted. Unlike major banks like RBS, specialist lenders rarely base their decisions exclusively on credit reports.
If you’re interested in auction finance, simply let us know what you need, and we’ll get to work making it happen. We’ll scour the UK market from top to bottom in order to find you the best possible deal with the lowest borrowing costs.
Use our online loan calculator for an idea of what’s on offer, or contact the team at Donkey Finance to discuss your requirements in more detail.
Let our AI software compare rates for auction finance against high-street banks and other institutions:
