New products added to the range include an AVM Auction Product where no physical valuation is required, and a standard bridging product at 70% LVT with rates from 0.95% and no exit fee.
With the introduction of the new AVM product, investors will be able to obtain an AVM valuation before an auction; supplying them with an accurate ceiling price for bidding which aims to provide them with confidence that finance has been secured ahead of time.
Roma also offers a popular bridge-to-term option, and has recently introduced new solutions in the holiday let and serviced accommodation market.
According to managing director Scott Marshall, the firm has seen a recent steady rise in enquiries for short-term let products.
Scott Marshall, managing director at Roma Finance, said: “With strong and sustainable funding lines in place to help us keep pace with the growing demand for our products, now is the right time to launch these new products and improve LTVs for our priority business lines.
“To cope with higher business levels we are continuing to expand the Roma team and we are seeing tremendous growth in our lending for property acquisition and refurbishment. The new products and lower rates will further stimulate our business in a focused and strategic way and we will continue to deliver excellent service to our introducers and customers.”
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Matt Lenzie from Commercial Mortgages Broker, the bridging finance specialists said: “this is positive news from Scott and the team at Roma, they have clearly identified demand in certain areas of the marketplace and are seeking to provide unique products for these areas.”