Roma Finance has rolled out dual representation for its bridging and term loans, aiming to speed up the legal process and reduce costs for brokers and borrowers.
This applies to single-bullet bridging and term lending products up to £1m.
Roma will work with Insight Law, JQ Law, McHale & Co and TLT LLP to provide this service.
Additionally, Roma introduced an optional independent legal advice (ILA) solution, offering borrowers 10% off ILA services to help meet legal requirements on personal guarantees and regulated parts of deals.
A dedicated booking platform has been set up to speed things up for customers.
Michael Allison (pictured), commercial director at Roma Finance, said: “Introducing Dual Representation is a crucial step in our mission to simplify the borrower journey.
“We’ve listened to our broker partners and customers and put in place practical, meaningful improvements—backed by trusted legal partners and a commitment to delivering value at every stage.
“With the addition of discounted ILA support, our bridging and term legal processes are now faster, clearer and more cost-effective than ever, helping more deals complete smoothly.”
