Less waiting, more communicating
The right short-term finance is the key to helping your clients 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. That‘s lending less ordinary.
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 0.65%
- LTVs up to 75%
- Manual 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 £75,00 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 has refined the process to make it hassle-free and responsive. Above all to make it quick, because property deadlines are tight deadlines.
It takes lending less ordinary 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 meet the borrower, 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 which documents we need before we can underwrite your loan, also providing Open Banking instructions.
3. Valuation and borrower meeting
We’ll get a third party valuation arranged ASAP, and we never lend until we’ve met the borrower and understood the case.
4. Confirm terms
After we’ve met the borrower and underwritten the case, we will confirm the loan terms.
5. Instruct solicitors
Once terms are accepted, we will instruct our solicitor to send legal papers required for completion to your solicitor.
Funds are released and we might also release funds to your solicitor before the due diligence process has been completed.
Just a few of our recent successes
Need something different? Explore our options.
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.
Auctions demand decisive action, and we're ready to arrange short-term finance in advance. Your clients can bid with confidence anywhere in England, Scotland and Wales.
Refurbishment, part-built or newbuild, residential or commercial, we have the funding available to get that project off the ground with open-minded flexible decision making.
Lending less ordinary. Because every application is different.
At Roma Finance we understand that every property transaction is unique. That’s why we put flexibility 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: streamlined legal process for quick completions
- Flexible: lending for a wide range of property types
- Simple: we stick to our decisions
- Trusted: we value integrity, and partners 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