Roma Finance unveils new commercial development product

Published on

Roma Finance has unveiled a new commercial development finance product, marking the first extension of its RomaGROW range.

The new facility offers loans from £250,000 to £2.5 million, at up to 65% loan-to-gross development value. Targeting experienced developers, it is specifically designed to fund new-build projects including office buildings, warehouse and logistics space, retail premises and mixed-use developments of up to 12,000 square feet.

Scott Marshall (pictured), founder and managing director at Roma Finance, said the move reflected a natural evolution for the business. “This is an exciting evolution of our offering and marks the first expansion of our RomaGROW product line, which is all about backing developments that deliver long-term value for communities,” he said.

Citing demand pressures in the logistics and industrial sectors, Marshall added: “The UK’s industrial and logistics sector urgently needs more space, and our new commercial development finance solution empowers developers to build the kind of infrastructure that fuels jobs, trade and investment in underserved areas.”

The product has already been trialled in a live transaction. In Market Harborough, Leicestershire, Roma provided £2.33 million over 18 months to an experienced developer undertaking their first ground-up scheme. The project will deliver 11 light industrial and warehouse units as part of the regeneration of Hermitage Business Park.

Roma underwriter Jason Metcalfe described the scheme as a strong fit for the new proposition. “As an underwriter, development finance is about more than numbers—it’s about backing a vision,” he said. “This project stood out because of its clarity, impact and long-term benefits for the area.”

The launch follows a broader strategic reorganisation by Roma Finance earlier this year, in which it streamlined its offer into three clearly defined ranges. RomaFLOW covers the lender’s bridging finance products, aimed at investors seeking fast capital. RomaGROW consolidates development funding into a single channel for construction, refurbishment and growth. The third arm, RomaPRO, was introduced to address demand for buy-to-let and revolving credit, serving property investors looking to combine development capabilities with long-term rental strategies.

Latest articles

Nationwide trims home mover and remortgage rates

Nationwide is cutting fixed mortgage rates by up to 0.12 percentage points across selected...

Together completes £500m bond issue

Together Financial Services has successfully completed the issuance of £500 million in senior secured...

Assetz Capital backs final phase of 33-home scheme in County Antrim

Assetz Capital has completed a £705,000 development finance facility to support the final phase...

Accord raises lending limits and expands 95% LTV to new-build homes

Accord Mortgages has announced a substantial uplift to its maximum loan amounts, with increases...

Hodge backs multi-million pound pub portfolio purchase

Hodge Real Estate Finance has supported the acquisition of a major pub portfolio in...

Clydesdale Bank relaxes buy-to-let affordability criteria

Clydesdale Bank has made a series of changes to its buy-to-let affordability assessment, allowing...

Latest opinions

Seven things mortgage lenders can do to help landlords

As a mortgage broker, I receive countless emails from buy-to-let mortgage lenders boasting about...

Are you considering all product options for your customers?

Despite the ups and downs of the world’s money markets, today the UK Mortgage...

Execution-only or (Consumer) Duty of care? The FCA can’t have it both ways

Thankfully, there has been a growing amount of interest and analysis of the FCA’s...

The accessibility gap in mortgage tech — and why it matters now

In an industry built on trust and transparency, mortgage brokers can’t afford to overlook...

Professionalism, planning and portfolio strategy: the evolution of buy-to-let

I took part in a panel session in London earlier this month with some...

Rate cut momentum is welcome, but presents challenges for advisers

In recent weeks, we have seen a welcome shift in momentum across the mortgage...

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.

Other news

Nationwide trims home mover and remortgage rates

Nationwide is cutting fixed mortgage rates by up to 0.12 percentage points across selected...

Together completes £500m bond issue

Together Financial Services has successfully completed the issuance of £500 million in senior secured...

Assetz Capital backs final phase of 33-home scheme in County Antrim

Assetz Capital has completed a £705,000 development finance facility to support the final phase...
Advertisement