Arranging short-term property finance can take time, especially when a physical valuation is required. AVM bridging finance may help borrowers access faster funding by using an Automated Valuation Model, where suitable, to assess the property value without always needing a full in-person valuation.
Whether you are purchasing a property, refinancing an existing loan, buying at auction, or releasing equity quickly, Discount Mortgages can help you search the market for suitable AVM bridging finance options.
We make AVM bridging finance as simple as possible.
The overall cost for comparison is variable and will depend on your circumstances. Please ask for a personalised illustration.
To get a suitable AVM bridging finance quote, your advisor will review the property value, loan amount, security, property type, location, loan-to-value, credit profile, timescale and intended exit strategy. Discount Mortgages can compare available lenders and help identify a solution that matches your short-term funding requirements.
If speed is important and the property is suitable for an automated valuation, AVM bridging finance may provide a faster and more efficient route than a traditional bridging loan application. It is often used by homeowners, landlords, investors, developers and businesses who need quick access to property-backed finance.
AVM bridging finance is a short-term secured loan where the lender may use an Automated Valuation Model to estimate the value of the property. An AVM uses property data, comparable sales and market information to help assess the property value without always requiring a physical inspection.
This can help reduce delays in suitable cases, especially where the property is standard construction, in a well-established location and supported by reliable comparable data.
There are several reasons why borrowers may consider AVM bridging finance. The main benefit is speed. If the lender is comfortable using an automated valuation, the application may progress more quickly because there may be no need to wait for a surveyor to inspect the property.
Another benefit is convenience. AVM bridging finance may help reduce some of the time and administration involved in arranging short-term finance.
AVM bridging finance may help you:
AVM bridging finance may be suitable where the property is easy to value, has strong comparable evidence and meets the lender’s criteria. It is commonly considered for standard residential properties, buy-to-let properties and certain investment properties.
It may not be suitable for every property. Lenders may still require a full valuation if the property is unusual, high value, in poor condition, commercial, mixed-use, rural, highly specialised, or where there is limited comparable sales data.
Your advisor can help review whether an AVM-based bridging loan may be available for your circumstances.
Lenders will usually assess the property type, estimated value, loan-to-value, borrower profile, credit history, security, loan purpose and repayment strategy. For AVM bridging finance, the lender will also check whether the property is suitable for automated valuation.
The exit strategy is especially important because AVM bridging finance is designed to be short term. Common exit strategies include selling the property, refinancing onto a residential mortgage, moving onto a buy-to-let mortgage, arranging commercial finance, completing a development project, or repaying the loan from another confirmed source.
Finding the right AVM bridging finance can be complex because not every lender accepts automated valuations, and criteria can vary depending on the property and loan amount. Discount Mortgages can help you compare suitable options and guide you through the application process from enquiry to completion.
Our advisors can help assess your requirements, search available lenders, explain the costs, and support you with the paperwork required for your AVM bridging finance application.
Our advisors will do their very best to keep you informed at every stage:
Just need to enter some basic information into our online enquiry form and we will search the market for suitable AVM bridging finance options.
Or if you prefer, call us today and speak with an advisor who can discuss your property, loan amount, valuation requirements, timescale and exit strategy.
AVM bridging finance is subject to status, lender criteria, automated valuation approval, affordability checks and available security. A physical valuation may still be required depending on the property, loan amount and lender requirements.
Your home, property or security may be repossessed if you do not keep up repayments on a loan or mortgage secured against it.
