Strettons property auctions
Strettons is a London-based residential and commercial property auctioneer with over 90 years of trading, holding remote auctions with online, telephone and proxy bidding and trusted nationwide. It reported 207 lots sold across six auctions totalling around £102m in a recent 12-month period. 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.
Strettons at a glance
- Coverage: National — sells across the UK
- Property types: Commercial, Land, Mixed-use, Residential
- Auction methods: Online, Timed online, Traditional
- Based in: London, London
- Established: 1931
- Website: strettons.co.uk ↗
How auction finance works for Strettons lots
At a Strettons 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 Strettons sells
Strettons sells UK-wide. Property-auction markets we cover include:
- Property auctions in London
- Property auctions in Glasgow
- Property auctions in Manchester
- Property auctions in Birmingham
- Property auctions in Leeds
- Property auctions in Norwich
- Property auctions in Sheffield
- Property auctions in Liverpool
- Property auctions in Bristol
- Property auctions in Nottingham
- Property auctions in Leicester
- Property auctions in Newcastle
Bidding at Strettons? 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.