Roma Finance launches short-term loan with First 4 Bridging | Mortgage Strategy

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Roma Finance and First 4 Bridging have teamed up to come out with a new semi-exclusive bridging product.

It is available at up to 75% LTV and charges 0.65% for up to 24 months. It also charges an arrangement fee of 1.85%. The product can be used for loans from £400,000 to £3m.

The residential and refinance loan can be used by private borrowers, limited companies, LLPs and SPVs.

Roma Finance commercial director Nick Jones says: “Working in partnership with the team at First 4 Bridging is a natural fit for this product, their ability to identify the right product for the right customer is exceptional and we are delighted to have their experience and support as part of this distribution.”

And F4B director Donna Wells comments: “This product is an excellent addition to Roma’s lending proposition and, as one of a limited number of packagers with access to it, we expect it to be a popular option for new and existing introducers and intermediary partners.”


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