Roma Finance offers bridge-to-term solution
Bridging, buy-to-let and development finance lender Roma Finance has introduced a bridge-to-term product to allow borrowers peace of mind when securing a new investment.
This follows the announcement last week that the lender was relaunching back into the market with new automated valuation model (AVM) and desktop valuation products.
The maximum loan-to-value ratio (LTV) on the bridge-to-term product is 75%, there is no minimum income required and top slicing is considered.
The product is currently only available to those exiting a Roma Finance bridging or development solution.
Scott Marshall (pictured), managing director at Roma Finance, said: “The current market is in a constant state of evolution and we are striving to adapt quickly to support brokers and customers and the overall industry.
“The opportunity for customers to create wealth is still very much present and we have provided a solution to ensure they have security and therefore confidence in their plans.”