Roma Finance

Roma reports 50% surge in pipeline business

Roma Finance has completed a record month in May, reporting a 50% surge in pipeline business.

This is on top of the 100% uptick the specialist lender saw in 2020.

The business believes the increase in enquiries and cases demonstrates the growing requirement for specialist finance and the appetite of landlords and property investors to continue their own growth aspirations. 

“I am delighted by these results, showing the overall business growth and just how many people come back to us and recommend us to others,” said Scott Marshall, managing director at Roma (pictured above). 

“We are privileged to go on the property journey with our broker partners and customers, enabling them to achieve their goals. 

“The more that return, the more we are certain that our unique proposition works. 

“We have a number of exciting developments to follow this year and I am extremely excited to see what the future holds.”

Some 25% of the finance provider’s new business comes from existing borrowers and customer referrals. 

Andi Cooke, a property developer that has been working with the lender for over five years, commented: “Roma truly makes the effort to understand the nature of each of our projects — whether straightforward or complex. 

“It also supported us through the pandemic when we had live development sites and were struggling to get materials. 

“Having go-to partners that really listen to your goals is essential and makes the project run with more certainty.”

Earlier this month, the company launched ‘Roma75’, a new bridging product with an LTV of up to 75% and a rate of 0.75%, following a series of new appointments

The lender rebranded in February after announcing it had doubled business activity in 2020, significantly increased its loan book and widened its intermediary distribution. 

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