We #LovetoLend
At Roma we share the spirit that drives every property developer. Where ordinary lenders can be cautious in their approach, we are free to be bold, imaginative and agile.
When your customer needs development finance to get a project moving, our willingness to judge each case on its merits can make all the difference. Our access to multiple funding lines allows us to be flexible, and our streamlined process accounts for the need for speed with attention to detail.
We also have a Developer Exit bridging loan also available for when sites become wind and watertight, allowing your customers to continue their build on lower rates and maximise profit.
- Solutions for self-build and ground-up development
- Part-built sites and developer exit options available
- Terms up to 24 months
- Rates from 0.99%
- LTV up to 65%
- Loans up to £3 million
- Residential and commercial development finance available
- Lending across England, Scotland and Wales
Got a question? We have answers.
Developer exit lending, commonly called a development exit loan is a short term finance option that enables a property developer to refinance, usually at a lower rate than their initial development finance facility. Development projects qualify for developer exit funding when they are wind and watertight. This funding allows developers to release equity and also save on interest payments due to a lower rate.
GDV stands for Gross development Value. It is an estimate of the open market value or rental value a property development is likely to have on completion. It is determined on the basis of current and recent similar transactions.
Roma considers development finance up to £3 million although larger loans can be considered by referral.
Six steps from enquiry
to completion
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Over many years of arranging bridging finance, the Roma team is continually refining the process to make it hassle-free and responsive. Above all to make it quick and slick, because property deadlines are tight deadlines.
It takes a team who love to lend to fast-track cases, twin-track the legals and the underwriting… do whatever it takes to drive the sale forward.
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Yet no matter how rapidly we’re working, we always take the trouble to understand what makes each case different, and keep everyone informed at every stage.
Need to complete within 48 hours? We can run stages 2 – 5 simultaneously, and may even release funds to our solicitor before the due diligence process has been completed.
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1. Initial enquiry
Call us on 0161 817 7480, email or complete the enquiry form and your loan is on its way.
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2. Agreement in principle
The AIP accelerates the process by telling you exactly what we need before we can underwrite your loan, also providing Open Banking instructions.
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3. Valuation instruction
We’ll get a third party valuation arranged ASAP, and get to the underwrite so we can confirm the terms in writing as quickly as possible.
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4. Instruct solicitors
As soon as the terms have been accepted, we instruct our solicitor to send the legal papers to yours. This is even quicker when the case benefits from dual legal representation.
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5. Completion
Funds are released, so nothing delays the deal.
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6. Loan service
Your customer service representative will be in touch to explain what happens next and how to manage the loan through to redemption.
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
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Our intermediary team
is ready when you areSimply select your region and you’ll meet the vastly experienced experts whose job it is to make your job easier.
- North of England & Scotland
- North West & North Wales
- South West & South Wales
- Midlands
- South East
We have a 'Borrower First' philosophy; we #LovetoLend
