Roma Finance has launched dual legal representation across its bridging and term loan products, in an attempt to reduce costs and delays for both brokers and borrowers.

The specialist lender confirmed the measure will apply to its FLOW and PRO products on loans up to £1 million, enabling a single solicitor to act for both borrower and lender.

The service will be delivered through a panel of established legal firms including Insight Law, JQ Law, McHale & Co and TLT LLP.

The introduction of dual representation is intended to remove a common friction point in the lending process and is part of a broader strategy to simplify and speed up completions across Roma’s product range.

DISCOUNTED OPTION

The lender has also introduced a new discounted option for independent legal advice (ILA), offering borrowers 10% off services when required for regulated transactions such as personal guarantees.

A dedicated booking platform has been created to support faster and more transparent processing.

Michael Allison (pictured), commercial director at Roma Finance, said: “Introducing Dual Representation is a crucial step in our mission to simplify the borrower journey.

“We’ve listened to our broker partners and customers and put in place practical, meaningful improvements — backed by trusted legal partners and a commitment to delivering value at every stage.

“With the addition of discounted ILA support, our bridging and term legal processes are now faster, clearer and more cost-effective than ever, helping more deals complete smoothly.”