nick jones

Roma Finance reports record month of completions in August

Roma Finance has completed a record number of loans in August.

The specialist lender has registered a 25% increase in volume and completions have doubled in value compared to the same month last year.

This follows a 100% increase in pipeline cases following record months for new applications in June and July.

Last month’s record includes Roma’s biggest ever loan, a developer exit for £2.85m on a block of luxury apartments in Stockport.

The case — which was introduced by one of Roma’s funding lines — was completed within 10 working days. 

Roma will soon be announcing a number of new appointments in its underwriting, finance and customer service teams.

Nick Jones, commercial director at Roma Finance (pictured above), said: “We are upscaling to meet demand and I am absolutely delighted with how the team has responded to the needs of our partners. 

“The specialist market and, particularly the short- and medium-term finance markets, are experiencing unprecedented levels of growth and the pace is continuing to increase.”

Nick added that the innovations made in recent months were just the start and that there would be “more exciting news to come”.

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