Hands up if you are ready for a faster, more flexible approach to auction finance.
At Roma we understand that the property auction route is all about getting a good deal and completing it quickly. The rewards can be high, but so is the risk. Making it work demands decisive bidding and fast-moving lending. You need to bid confidently and meet those short payment deadlines, otherwise it’s your reputation under the hammer.
All our auction purchase cases go through RomaFLOW, our fast bridging channel to allow them to complete in 28 days. We can provide an AIP in advance of an auction so you can enter the room with certainty, knowing your ceiling price and ready to bid assertively.
We can consider a variety of property types, constructions, credit profiles and income levels, and can offer both first and second charge bridging loans. We really do love to lend.
- Loans from £75,000 to £3 million
- LTV up to 75%
- Intelligent touch underwriting for quick decisions and completions
- We lend across England, Scotland and Wales
- Clear communication throughout the life of your finance
For the ‘Borrower First’ experience. Because every application is different.
At Roma Finance we understand that every property transaction is unique. That’s why we put flexibility and service at the forefront of everything we do. Tell us what kind of finance you need and we’ll find a way to make it happen.
- Fast: most bridging cases completed within 28 days
- Flexible: lending for every property type
- Simple: we have reinvented and streamlined the legal and underwriting process
- Trusted: we value integrity, and customers keep coming back
Got a question? We have answers
Auction finance is simply another term for bridging or short term finance. It is used to purchase properties at auction because it can be arranged extremely quickly and fits neatly into the purchasing timescales of the auction houses. Usually properties at auction are required to complete with 28 days.
Typically any kind of residential, semi commercial or commercial property can be bought at auction. The properties do not necessarily need to be habitable to be eligible for auction finance.
We have a 'Borrower First' philosophy; we #LovetoLend
