Roma Finance joins MCI’s lender panel

Published on

MCI Mortgage Club has added Roma Finance to its lending panel, for those looking for short and medium-term lending.

Roma Finance offers first and second charge loans on bridging, development finance, buy-to-let, holiday let and serviced accommodation.

Its bridging finance covers conversions, refurbishments and auctions for residential, mixed use, HMOs, semi-commercial and commercial property.

Roma’s development finance will usually fund up to six new builds in any one project. It may consider modern methods of construction and partly built projects, as long as they are wind and watertight. Borrowers who have finance with other lenders could also be considered.

In addition, five-year finance is available for standard buy-to-lets and HMOs up to eight rooms as well as non-standard construction and flats over four storeys.

Melanie Spencer (pictured), head of MCI Mortgage Club, said: “Roma Finance can offer our members a wide range of bridging, development and buy-to-let finance and will consider applications on a case by case basis.

“Our lending panel is growing rapidly and members have access to a wide range of banks, building societies and specialist lenders. Members also have the advantage of using our bespoke technology which allows for a smooth and efficient mortgage process from end to end.”

Nick Jones, commercial director at Roma Finance, added: “We are delighted to be joining MCI Mortgage Club, they are expanding rapidly and are aiming to achieve a fully comprehensive offering of bridging and buy-to-let solutions.

“The specialist market is evolving and growing at an accelerated pace and Roma has some very exciting developments ahead to support this and MCI members. We are delighted to have been invited to join their panel and I am very excited to see where the future takes us.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

ModaMortgages cuts rates with limited edition buy-to-let range

ModaMortgages has launched a limited edition buy-to-let range with rates reduced by up to...

First-time buyers face confidence gap as unexpected costs and delays mount

Nine in 10 first-time buyers believe they understand the home-buying process before starting, but...

Family BS hires Paul Ormonde for Central London broker role

Family Building Society has appointed Paul Ormonde as a business development manager covering Central...

LendInvest raises £300m through latest Mortimer securitisation

LendInvest has completed its eighth Mortimer residential mortgage-backed securitisation, securing £300 million of funding...

TMG adds Gable Mortgages to lender panel

TMG Mortgage Network has added Gable Mortgages to its lender panel, giving member firms...

Latest publication

Other news

ModaMortgages cuts rates with limited edition buy-to-let range

ModaMortgages has launched a limited edition buy-to-let range with rates reduced by up to...

First-time buyers face confidence gap as unexpected costs and delays mount

Nine in 10 first-time buyers believe they understand the home-buying process before starting, but...

Family BS hires Paul Ormonde for Central London broker role

Family Building Society has appointed Paul Ormonde as a business development manager covering Central...