LendInvest Mortgages has formed a new partnership with digital auction platform BidX1 to help buyers secure fast finance in the compressed timelines typical of property auctions.
The collaboration aims to give investors quicker access to bridging loans, refurbishment funding and a clear transition route into LendInvest’s buy-to-let and development finance products.
Through the partnership, BidX1 buyers will be able to connect directly with LendInvest’s short-term lending team, enabling them to obtain bridging finance that can cover both acquisition and improvement costs.
With most auction purchases needing to complete within 28 to 56 days, the ability to secure funding rapidly is crucial.
LendInvest said its technology-driven processes, including automated valuation models (AVMs) and dual legal representation, will help borrowers meet tight completion deadlines.
Leane Ardron, managing director for short-term financing at LendInvest, said: “This partnership with BidX1 is fundamentally about delivering certainty and speed in a compressed timeline. Auction deadlines are unforgiving, and property investors and developers need guaranteed funds fast.
“LendInvest is uniquely positioned to meet this demand, offering swift access to crucial bridging finance. Our focus on technology and efficiency, including the use of AVMs and dual representation, enables our team to move quickly, ensuring property investors meet the critical 28-day completion window.
“We are excited about the potential of this strategic partnership. It will reinforce LendInvest’s position as a leading specialist lender, driving significant growth for both businesses.”
Stuart Collar-Brown, head of client acquisition at BidX1 UK, said: “We’re really pleased to be partnering with LendInvest to enhance the speed and accessibility of finance across our auctions.
“At BidX1, we’re always focused on improving the buying and selling experience, and this collaboration gives our clients access to fast, competitive bridging finance, enabling more bidders to take part with confidence.
“By combining BidX1’s technology-led auction platform with LendInvest’s expertise in short-term property finance, we can help streamline transactions from listing to completion. The result is a smoother process for both buyers and sellers, reducing friction and helping unlock more successful sales.”
