The bridging and development lender also revealed that loans secured on residential and semi-commercial properties will now no longer have an exit fee.
Meanwhile, for residential investment property purchases, Roma has increased the LTV to 75% with 100% LTV and above available with additional security.
These changes come after Roma secured a significant funding line from RBS in July.
Roma’s new range is expected to help HMO conversions, property renovations, auction purchases and unmortgageable properties.
“The new products and lower rates will help ensure we are well placed to take advantage of current opportunities in the post-Brexit bridging finance market and will allow us to further develop our business and establish new partnerships,” said Scott Marshall, managing director of Roma.
Scott added that 2016 had been a very exciting year for Roma as it was on course to triple the size of its loan book for the second year running.
“We’re moving to a larger office and have recruited very high calibre people.
“We have also grown the number of introducer relationships and are confident they will be excited with these new product innovations which should allow them and us to win more business.”
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