Roma Finance, the bridging finance, short term lending and buy-to-let finance specialist, has launched a new bridging product, Roma75, with an LTV of up to 75% and a rate of 0.75%.
Roma75 is available for loan sizes between £100,000 and £3m. It is on accessible to borrowers with at least two other BTL properties, or homeowners who have at least one other investment property.
Steve Smith, national sales manager at Roma Finance, said: “With robust and sustainable funding lines in place and the increasing demand for our products, now is the right time to launch this enhanced solution.
“To cope with higher demand we are continuing to expand and develop the team and we are seeing incredible growth across all our lending areas. The new product will further stimulate our business and we will continue to deliver a more extraordinary service to our intermediaries and customers.”
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Roma Finance recently promoted Steve Smith to national sales manager. He previously held the role of senior business development manager for the South West.