Edward Mellor property auctions
One of the largest and most successful residential and commercial property auctioneers in the North West, running monthly online auctions of residential, commercial, buy-to-let and development opportunities from its Stockport base. When you find a lot, we arrange the finance: a whole-of-market broker, not a lender, with indicative terms in 24 hours, built for the auction deadline.
Edward Mellor at a glance
- Coverage: Regional — North West
- Property types: Commercial, Land, Residential
- Auction methods: Online, Timed online
- Based in: Stockport, North West
- Established: 1985
- Website: edwardmellor.co.uk ↗
How auction finance works for Edward Mellor lots
At a Edward Mellor auction, the hammer is an exchange of contracts: you pay a deposit on the day and complete inside the catalogue deadline, usually 28 days (20 on some lots). A standard mortgage rarely moves that fast, which is why most bidders use auction finance or a bridging loan. Bring us the lot and the catalogue before you bid and we shop a panel of 100+ lenders for an indicative offer within 24 hours, so you know your ceiling and can commit on the day.
If the lot is unmortgageable in its current state, a refurbishment or below-market-value buy, that is exactly what this finance is built for: the bridge funds the purchase now, you complete on time, then exit by refinancing onto a term mortgage or selling once works are done. We stress-test that exit first. We are a broker, not a lender, and we disclose every fee in writing before you commit.
Where Edward Mellor sells
Property-auction markets we cover include:
Bidding at Edward Mellor? Get finance ready in 24 hours
Tell us the lot and your exit. We come back with indicative terms in 24 hours and drive valuation and solicitors to completion.