5 Top Tips When Taking Out Your First Bridging Loan
Taking out your first bridging loan can be a daunting experience, with unfamiliar jargon and terms. Here are 5 essential tips to help you navigate this process with confidence. Do Your Due Diligence on Your Lender Choosing the right lender is your most important decision. Treat them like a business partner and look for trustworthy, […]
How to Choose the Right Solicitor for Your Lending Needs
When securing a bridging or development loan, the legal process can make or break the experience. Both the lender and borrower must ensure they are adhering to all necessary legal procedures. Having the right solicitor on board is essential. Understanding what to look for in a solicitor can make all the difference in ensuring a […]
Property finance market predictions: What’s next?
From the wider economy to specific sectors, managing director of Roma Finance, Scott Marshall, has plenty of reasons to feel bullish. We’re nearly halfway through the year and, yet again, there’s never a dull moment. 2023 has had its fair share of ups and downs. Wider economics are still challenging, the UK housing market […]
The customer journey: What it means and why it matters
Michael Allison, operations director at Roma Finance, explains how improving the customer journey helps both borrowers and brokers Many lenders will say that improving the ‘customer journey’ is important to them, but what do they actually mean? And are they walking the walk or just talking the talk? At Roma, the customer journey really is […]
Why you need to know what ‘Indicative Terms’ really means
There’s no consistent definition of Indicative Terms in bridging, so it’s your responsibility to ask exactly what’s being offered, says Scott Marshall, founder of Roma Finance At an early stage of the bridging loan process, you or your broker will receive ‘Indicative Terms’ from the lender. This can also be known as an Initial Offer, […]
How to choose a bridging lender
Finding the right funding partner for your customer requires due diligence, says Scott Marshall, founder of Roma Finance There’s been a large rise in the number of new bridging lenders over the last five years and the increased competition is good news for borrowers and brokers alike. However, lenders range from big banks to […]
From volatility comes opportunity for property investors
Demand will be strong for short-term property finance in 2023, says Scott Marshall, founder of Roma Finance If the last 10 years have taught me anything, it’s that economic turbulence always gives rise to opportunity. It’s clear that the UK economy faces huge challenges, particularly around inflation and public sector pay. It’s polarising and […]
