A bridging loan with Roma Finance is an interest only loan for up to 9 months secured on land or property
Roma Finance is 100% privately funded
We will structure a loan to suit a borrowers individual needs so the simple answer is no
Typically borrowers have loans for around 6 months but we have products for up to 9 months. Loans for a longer period are considered on a case by case basis.
We offer loans from £30k to £1m and provide funds on either a 1st or 2nd charge. Larger loans are considered on a case by case basis.
A lot depends on how quickly your borrowers’s solicitor can get the necessary paperwork to our solicitor but we frequently complete cases within 48 hours of initial enquiry.
Your borrower will be required to pay for a valuation or site visit in advance.
Yes and if we deducted payments from the advance, any unused overpaid interest will be credited back to the borrower.