Roma Finance launches RomaFLOW deals and desktop vals

Published on

Short-term lender, Roma Finance, has launched a RomaFLOW bridging product range and desktop valuations.

The new RomaFLOW range has three new product focuses: FLOWbridge, focused on residential bridging and auction finance, FLOWrefurb, with refurbishment costs up to 25% of the initial market value of the security, as well as light development, where the refurbishment costs are between 25%–50% of the initial market value of the security.

Desktop valuations are also now available up to 70% loan to value. All products are available to the whole of the market, with 20 broker partners having access to an exclusive range with pricing at 9.9% per annum, where the exit strategy is refinance.

Michael Allison (pictured), commercial director of Roma Finance said: “We are focused on more than just lending and are dedicated to supporting the market in these ever changing economic circumstances. We remain agile and believe these new products and rate changes will provide support to those who are looking to maximise property investment opportunities.

“RomaFLOW has been highly successful with its intelligent touch underwriting and fast completion times with outstanding feedback. This is the next progressive step on the journey for Roma.”

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

Mortgage industry rallies behind Christmas charity concert

Momentum is building fast behind this year’s Christmas charity concert in aid of EveryYouth...

First-time buyers put at the heart of Treasury mortgage talks

The government will urge lenders to put first-time buyers at the top of their...

Target urges lenders to treat mortgage servicing as a strategic asset

Target Group has called on mortgage lenders to rethink their approach to servicing, arguing...

Heron Financial launches AI training cohort and ethics committee

Heron Financial has launched an artificial intelligence training programme for staff alongside the creation...

Lenders still holding back SME acquisitions, survey finds

Commercial brokers continue to face limited options from lenders when it comes to funding...

Latest publication

Other news

Mortgage industry rallies behind Christmas charity concert

Momentum is building fast behind this year’s Christmas charity concert in aid of EveryYouth...

First-time buyers put at the heart of Treasury mortgage talks

The government will urge lenders to put first-time buyers at the top of their...

Target urges lenders to treat mortgage servicing as a strategic asset

Target Group has called on mortgage lenders to rethink their approach to servicing, arguing...