Guest Blog: Roma Finance – Lending with Integrity

Roma Finance provides property professionals and landlords with bridging loans, development finance and buy-to-let mortgages and is backed by a number of well-known blue chip UK financial institutions including RBS and The Cambridge Building Society.

We offer first and second charge loans from £50k to £2m and have operated successfully in the buoyant UK bridging finance market for over ten years providing finance for property projects such as renovations, change of use, property auction purchases and ground-up developments on residential investment, commercial and industrial properties throughout England, Scotland and Wales.

Our customers are at the centre of our business and just over two years ago, we completely reinvented & simplified the legal process enabling most cases to complete within 10 working days. Our pricing is competitive which has made us a go-to lender with a large base of loyal customers who work with us regularly and are happy to recommend us.

In March 2019, we introduced a 5-year mortgage which allows customers with a rental strategy to retain those properties and release the equity they’ve created on development or refurbishment projects. We have since broadened that product and it now also enables customers, even first-time landlords, to acquire investment property such as buy to lets and HMOs and even exit a bridging loan.

Processes, speed, technology

We are pioneers in our sector having also been the first bridging lender to introduce Open Banking to access a read-only version of applicants’ bank statements. This has proven to be the fastest, easiest and most secure way for us to review bank statements and at the same time removes the hassle and delays often associated with the collection of paper statements.

Understanding the Customer

When we are presented with a case, we consider a number of key factors to see if we can lend. We always meet our customers to discuss the transaction and to understand their objectives so we know the loan will be structured for their needs.

Integrity in Bridging

Our core values are passion, professionalism, integrity, teamwork and enjoyment and we employ 27 highly experienced and motivated colleagues, who operate in a transparent and open manner putting our customers at the heart of all we do. In this fast-paced and dynamic market, our approach has certainly helped Roma be at the forefront of our industry with a great reputation for speed and an industry-leading default rate of less than 1% .

Location, Location, Location

Roma Finance has a central Manchester base and we love being part of a city where opportunities and development are impressive to say the least. Manchester, with its vibrant atmosphere is highly attractive and we have been able to capitalise on the vast talent pool, recruiting only the very best people.

We offer finance across England, Wales and Scotland but are also fortunate to have funded local projects. Only down the street from our newly refurbished offices, we have recently supported the completion of an exciting new development of 30 apartments including 7 luxury mezzanine units. This was a multi-million pound investment which provided a great return and continues the development of this great city.

To find our more about Roma Finance please contact us on 0161 817 7481 or email us at enquiries@romafinance.co.uk