Roma Finance has launched a RomaFLOW bridging product range with updated rates and desktop valuations.
The RomaFLOW range has three focuses: FLOWbridge, for residential bridging and auction finance; FLOWrefurb, with refurbishment costs up to 25% of the initial market value of the security; and light development, where the refurbishment costs are between 25% and 50% of initial market value.
Desktop valuations are also now available up to 70% loan-to-value (LTV).
All products are available to the whole of the market, with 20 broker partners having access to an exclusive range at 9.9% per annum, where the exit strategy is refinance.
The products were designed to support partners and their customers in changing economic times.
Michael Allison (pictured), 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.”
