- Loan amount: £1,462,500
- Purchase price: £2,250,000
- Auction Purchase
- Term: 12 months
In August 2025, Roma Finance swiftly funded £1.5 million for an auction purchase in just four days, stepping in to deliver finance for the project
The property is a large semi-commercial site in Bristol spanning 7,821 sq. ft, purchased for £2,250,000. It comprises 16 apartments, nine two-bedroom and seven one-bedroom units, plus a commercial unit and garages. With planning permission secured for two additional apartments on the top floor and eight more flats via a three-storey side extension, this is a standout development opportunity.
Bristol remains one of the UK’s most desirable cities, attracting both families and young professionals, and boasts the second-highest rental rates outside of London. This purchase represents a highly attractive investment with substantial growth potential for the borrower.
The borrower, an experienced portfolio landlord and first-time Roma Finance customer, turned to Roma to rescue the project. With just days to complete the auction purchase, Mortgage Lane’s owner, Joe Lane, and Roma Finance Senior Key Relationship Manager Daniel Hill worked swiftly and strategically to secure funding.
The application was submitted and fully underwritten within two days, showcasing Roma’s customer-first approach and ability to deliver exceptional results under pressure. This rapid turnaround was powered by FLOW, Roma’s streamlined lending range designed for auction and time-sensitive purchases.
Daniel Hill, Senior Key Relationship Manager at Roma Finance, commented: Daniel Hill, Senior Key Relationship manager at Roma Finance, said: “This case required exceptional speed and precision, and that’s exactly what Roma prides itself on. Working alongside Mortgage Lane, we delivered for the borrower and helped bring this exciting project to life.”
Joe Lane at Mortgage Lane, added: “In auction cases like this, every hour counts. Roma’s ability to move so quickly and maintain clear communication throughout made all the difference. The customer was able to secure an incredible property and avoid the risk of losing their deposit.”
