Under The Hammer Property Auctions

Under The Hammer property auctions

Under The Hammer is an online property auction platform founded in 2018 offering both an unconditional 'Auction' route and a 'Reserve' route, with full legal packs provided upfront. It combines instant exchange with extended completion timescales and bids from any location. When you find a lot, share the catalogue, price range and exit so Vortex can compare suitable auction finance as a broker, not a lender.

Under The Hammer at a glance

Coverage: National — sells across the UK
Property types: Agricultural, Commercial, Land, Residential
Auction methods: Modern Method, Online, Timed online, Traditional
Established: 2018
Website: underthehammer.com ↗

How auction finance works for Under The Hammer lots

At a Under The Hammer auction, the hammer is an exchange of contracts: you pay a deposit on the day and complete inside the catalogue deadline, often 28 days but sometimes shorter. A standard mortgage may not fit that timetable, which is why bidders consider auction finance or a bridging loan. Bring us the lot and catalogue before you bid so we can compare suitable routes and help you frame a supported ceiling.

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 Under The Hammer sells

Under The Hammer sells UK-wide. Property-auction markets we cover include:

Under The Hammer at a glance

How auction finance works for Under The Hammer lots

Where Under The Hammer sells

Bidding at Under The Hammer? Prepare the finance before the hammer