Roma Finance launches below market value bridge and reduces rates
09 Sep 2022
Roma Finance, the lender less ordinary, has today launched a below market value bridging product and has reduced rates on the higher loan-to-values across its short term finance range.
The new below market value bridge is available for experienced property investors and landlords up to 70% loan-to-value with rates from 0.99%. The product has been designed to support partners and their customers in these uncertain times. In addition, rates have been reduced across bridging and development, now with a standard bridging rate of 0.75% at 75% loan-to-value.
Roma Finance is continuing to review, innovate and respond to a market which is maintaining its positive vibe, as the volume of business submitted to Roma continues on an upwards trajectory.
Steve Smith, sales director of Roma Finance said, “We love to lend and are focused on supporting the market in these ever changing economic circumstances. We remain agile and believe these new products and rates changes will provide support to those who are looking to grow their portfolios and property investment opportunities. Our product guide is a ‘guide’ and the solutions we create are tailor made to suit circumstances, so it is always worth a conversation. These enhancements will allow more customers to access short term finance at this time to continue to push forward with their aspirations.”