Roma Finance, YBS Commercial Mortgages and Hope Capital boost offerings

Roma Finance, YBS Commercial Mortgages and Hope Capital have updated their product ranges.

Roma Finance

Roma Finance has partnered with First 4 Bridging to offer introducers and intermediary partners access to a semi-exclusive bridging loan.

Loans are available between £400,000 and £3m, up to a maximum LTV of 75%, and a reduced arrangement fee of 1.85%.

Rates start from 0.65% on loans of up to 24 months.

The product is available to private individuals, limited companies, LLPs and SPVs for residential and refinance purposes.

This product is only offered via a select group of distribution partners.

Nick Jones, commercial director at Roma Finance, said: “We are always looking for new ways to ensure borrowers have options to best fit solutions while supporting partners at the same time. 

“We use inclusion as a value for our business and as we see the need for bridging continue to increase, we are identifying areas where we can create extraordinary options.

“Working in partnership with the team at First 4 Bridging is a natural fit for this product, [as] their ability to identify the right product for the right customer is exceptional and we are delighted to have their experience and support as part of this distribution.”

Donna Wells, director at F4B, commented: “This product is an excellent addition to Roma’s lending proposition and, as one of a limited number of packagers with access to it, we expect it to be a popular option for new and existing introducers and intermediary partners.” 

YBS Commercial Mortgages

YBS Commercial Mortgages has expanded its semi-commercial range with a new 10-year fixed-rate mortgage.

The product offers loans between £500,000 and £5m up to 65% LTV, with a 4.8% rate.

This is the second product in the lender’s semi-commercial range, joining a five-year fixed-rate option that was reduced to 4.35% last week.

The new addition joins other specialist BTL products YBS Commercial Mortgages has recently introduced, such as holiday lets, which it expects will give investors more choice when financing property for the expected boom of the staycation market.

Mike Davies, head of business development at YBS Commercial Mortgages, said: “We’re delighted to be building on the launch of our successful five-year semi-commercial fixed-rate mortgage with the addition of this new 10-year deal. 

“We know during these uncertain times that brokers and their clients are looking for ways to have some element of certainty on costs, which fixed rates obviously provide. 

“As a lender, we’re always looking at ways we can expand our offering to continue to provide long-term stable support for our borrowers, and launching this new product is a great way we’ve been able to demonstrate this.”

Hope Capital

Hope Capital launched the Hope Capital Club (The HCC) to provide a range of new benefits and opportunities for selected brokers acknowledged and recognised for their dedicated support.

The club provides exclusive advantages to a limited number of intermediaries, including the appointment of a dedicated underwriter and BDM who will work closely with the broker.

In addition, HCC members will receive early access to all new and competitive products the lender launches going forward, as well as exclusive rates in the market. 

The club was launched with the aim of providing a premium service for fast, affordable and flexible property finance solutions to help borrowers make the most of opportunities in 2021 and beyond.

Sinead Moynihan, sales director at Hope Capital, said: “We appreciate there have been many challenges presented to the market over the last year and brokers more than ever need access to a bridging loan provider that can deliver a range of specialist finance products that are suitable for their clients. 

“Inviting a select number of brokers into the HCC is a way for us to express our gratitude and appreciation to those with whom we have worked with on a substantial number of cases. 

“We wholeheartedly appreciate their support and commitment to Hope Capital and want to provide them with a range of extra benefits and solutions,” she added.

Hope Capital will be regularly looking at onboarding new members over the course of the next few months.

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