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Roma launches five-year buy-to-let deal

Roma Finance has announced the launch of a new five-year buy-to-let let product, targeted at landlords who seek flexibility, allowing them to exit the lender’s bridging loan once their property project has been completed.

The five-year buy-to-let deal is available on either a repayment or interest-only basis up to 75% loan-to-value (LTV) on a maximum loan size of £500,000.

At the point of refinancing from the bridging loan to the fixed rate term, the borrower’s personal income will be taken into consideration in addition to any rental income.


Roma will also offer its customers dual representation for the refinance, enabling borrowers to switch from bridge to term within just a few days.

Scott Marshall, managing director at Roma Finance, commented: “This unique product allows our customers to move onto their next project once their 'build or renovate to rent' project has been completed and is yet another example of how Roma Finance continues to find new ways to de-risk bridging loans for its customers.

“The key to a successful bridging loan has always been understanding the exit route and since we’re now able to offer this ourselves in a truly innovative way, it provides yet more reasons for brokers to place their bridging business with us. We expect demand for this product to be huge which, in turn, should increase our market share of the bridging industry.

“This is arguably the most exciting development in the evolution of Roma Finance since we secured our first funding line with RBS just after the Brexit referendum in July 2016. Furthermore, over the past 18 months we have completed 4 other funding lines, made our lending processes perhaps the most efficient in the market, invested significantly in new people and advanced technology becoming, for example, the first bridging lender to introduce Open Banking. This continues to be an exciting time for everyone involved with Roma Finance.”

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