Roma Finance partners with Twenty7Tec | Mortgage Strategy

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Roma Finance has partnered with platform provider Twenty7Tec to offer its bridging products to more intermediaries.

The specialist lender will use the fintech’s CloudTwenty7’s Source module, allowing users to search its products.

Roma commercial director Nick Jones, says: “Partnering with innovative sourcers like Twenty7Tec is a natural progression for us.

“Using technology to enhance the initial decision-making process around product selection allows the Roma team to concentrate on the more subjective decisions as the case progresses, acting with flexibility and customer centricity.”

Twenty7Tec head of lender relationships Nathan Reilly adds: “Supporting the specialist lending market and removing complexity through technology and innovation has always been important to us at Twenty7Tec.”

Earlier this month, the Manchester-based lender cut its rates across its bridging range across its standard residential, refurbishment, semi-commercial and commercial products.

The move saw its 60 per cent loan-to-value bridging and refurbishment finance rates reduced to 0.65 per cent and 0.85 per cent, respectively.

It cut its commercial bridging rates to 0.99 per cent and its semi-commercial rates to 0.90 per cent.

Also, for purchase and refinance bridging, its automated valuation model criteria now offers 70 per cent LTV borrowing while loan sizes rise to £500,000.


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