Roma delivers largest loan to date with £6m facility for property investor

Roma Finance has completed its largest loan to date, providing a £6m facility to an experienced property investor in a deal involving a recently completed residential development and a wider BTL portfolio.

The transaction was delivered across two linked facilities. The first provided a development exit loan on a recently completed scheme comprising six two-bedroom apartments.

Having completed the project, the borrower needed to refinance their existing loan, release restrictions across other assets within their portfolio and allow time to put a longer-term solution in place.

The second facility, provided at 75% LTV, involved the refinance of 11 BTL properties held within the investor’s portfolio.

By bringing these properties onto a single loan the customer was able to consolidate borrowing from multiple lenders and raise additional capital to support the wider refinance.

Structuring the two loans alongside one another allowed Roma Finance to provide the flexibility to move forward with both the completed development and the wider property portfolio.

Having secured a significant funding line, Roma recently launched its new commercial mortgage proposition.

Sonia Mann, head of sales at Roma Finance (pictured above), said: “Completing our largest ever loan is a fantastic milestone for Roma and demonstrates our continued growth as a specialist lender.

“This was a complex transaction involving multiple properties and existing borrowing arrangements, but by working closely with the customer we were able to put together a solution that met their needs.

“What stood out most was taking the time to understand the bigger picture. Rather than looking at each property in isolation, we worked with the borrower to structure a solution that supported both their immediate requirements and future plans.”

Rahul Modasia, director of commercial, bridging and development finance at Rainstone Money, which introduced the case, added: “One of the most complex and challenging transactions of my career, this deal truly demonstrated the value of having the right team behind me.

“By partnering with Roma as the lender, we were able to structure a solution that met the client’s needs while providing the structure required to make the transaction work.

“This completion was a real team effort.”

The property investor commented: “Roma and Rahul at Rainstone Money have completely changed the game for me.

“They took the time to understand what I was trying to achieve and structured a solution that worked across my whole portfolio, not just individual properties.

“Both parties were proactive throughout, communication was excellent, and they helped simplify the whole process while creating opportunities for future growth.”