Less waiting, more communicating
The right bridging finance and development finance is key to helping your customers get a residential property offer accepted and the case completed against the clock.
Roma Finance’s flexible, streamlined approach to bridging loans enables you to offer tempting terms and deliver the speed buyers need.
We work smoothly with all intermediaries and we understand the pressure you’re under. Keeping purchasers happy and intermediaries earning. We #LovetoLend.
We can consider a variety of property types, constructions, credit profiles and income levels. We also offer both first and second charge bridging loans. It all helps to make us a lender less ordinary.
- Loans from £75,000 – £3 million in England, Scotland and Wales
- Rates from 0.90%
- LTVs up to 75%
- Intelligent touch underwriting: every case considered on its merits
- Quick decisions, speedy completions
- Unrestricted access to underwriters and decision makers
Got a question? We have answers.
These types of loans are also called bridge financing or a bridge loan. A bridging loan is short-term financing used until a person or company secures permanent financing or removes an existing obligation. Bridge loans are short term, typically up to one or two years. These types of loans are generally used in real estate
Roma considers bridging finance from £75,000 up to £3 million although larger loans can be considered by referral.
A bridging loan can be used for almost any purpose such as:
- Purchases from auction – with fast completion in the required time frame
- Planning gain / change of use – to maximise property value and income
- Chain breaking mortgage – to enable a borrower to progress a purchase before completing a sale on their existing property
- Releasing cash from probate on an inherited property – so that the property can be sold
- Refurbishment finance – to maximise rental income
- Purchase at undervalue – letting a borrower capitalise on a one-off opportunity
In most circumstances an exit strategy will be required to ensure there is security on how the finance will be repaid. Exit routes are usually the sale of the property that the loan has been secured against or refinance via another form of finance.
At Roma, all our loans are manually underwritten with a focus on the borrower instead of the property. There is a focus on the strength and capability of the borrower and their exit strategy In order to pay off the loan.
Six steps from enquiry
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.
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.
1. Initial enquiry
Call us on 0161 817 7480, email or complete the enquiry form and your loan is on its way.
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.
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.
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.
Funds are released, so nothing delays the deal.
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.
Just a few of our recent successes
Need something different?
View our full criteria guide to see if we can assist you with your upcoming bridging and development cases.
Auctions demand decisive action, and we're ready to arrange short-term finance in advance. This allows you to bid with confidence anywhere in England, Scotland and Wales.
Commercial, semi-commercial and mixed use developments and projects. We get building started, bridge funding gaps, fix broken chains and keep deals moving.
Light, medium or heavy, refurbishment projects with financial solutions tailored for each application. Speed is often essential and our track record proves we deliver.
Refurbishment, part-built or newbuild, we have the funding available to get that residential project off the ground, with open-minded flexible decision making.
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 a wide range of property types
- Simple: we have reinvented and streamlined the legal and underwriting process
- Trusted: we value integrity, and customers keep coming back
Our intermediary team
is ready when you are
Simply 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
- South East