"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. "
Following the announcement last week that the specialist lender was relaunching back into the market with AVM and desktop valuation products, the decision has been made to offer the bridge-to-term solution to give borrowers longer-term security for property investments.
The maximum LTV on the term product is 75%, there is no minimum income required and top slicing is considered. The term product is currently only available to those exiting a Roma Finance bridging or development solution.
Scott Marshall, 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.”
