Lodge & Thomas property auctions
Long-established Truro firm of chartered surveyors, auctioneers, valuers and estate agents founded 1892, specialising in farm agency, land, residential, commercial and equestrian property, with a Truro sale room. 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.
Lodge & Thomas at a glance
- Coverage: Regional — South West
- Property types: Agricultural, Commercial, Land, Residential
- Auction methods: Online, Traditional
- Based in: Truro, South West
- Established: 1892
- Website: lodgeandthomas.co.uk ↗
How auction finance works for Lodge & Thomas lots
At a Lodge & Thomas 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 Lodge & Thomas sells
Property-auction markets we cover include:
Bidding at Lodge & Thomas? 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.