Roma Finance launches RomaFLOW products and desktop valuations
Roma Finance, the ‘borrower first’ lender, has today launched a RomaFLOW bridging product range with competitive rates and desktop valuations.
The new RomaFLOW range has been put in place as a result of the continued success of the process of the same name.
The new range has three new product focuses; FLOWbridge, focused on residential bridging and auction finance, FLOWrefurb, with refurbishment costs up to 25% of the initial market value of the security, as well as light development, where the refurbishment costs are between 25 – 50% of the initial market value of the security.
Desktop valuations are also now available up to 70% loan to value. All products are available to the whole of the market, with 20 broker partners having access to an exclusive range with pricing at 9.9% per annum, where the exit strategy is refinance.
The products have been designed to support partners and their customers in these ever changing economic times.
Roma is continuing to review, innovate and respond to a market which is maintaining its positive vibe, as the volume of business submitted to Roma continues on an upwards trajectory.
Michael Allison, commercial director of Roma Finance said:
“We are focused on more than just lending and are dedicated to supporting the market in these ever changing economic circumstances.
We remain agile and believe these new products and rate changes will provide support to those who are looking to maximise property investment opportunities.
RomaFLOW has been highly successful with its intelligent touch underwriting and fast completion times with outstanding feedback.
This is the next progressive step on the journey for Roma.”