Roma Finance unveils Dual Representation to speed up bridging & term loan cases
Roma Finance has introduced Dual Representation across its bridging and term loan ranges, which the lender says is aimed at reducing legal delays, cutting costs, and accelerating completions for both brokers and borrowers.
The new service is available for single-bullet bridging and term loans (FLOW and PRO products) up to £1 million. To deliver this offering, Roma is partnering with a panel of established legal firms including Insight Law, JQ Law, McHale & Co, and TLT LLP.
By allowing both the borrower and the lender to use the same solicitor, Dual Representation eliminates one of the common bottlenecks in the legal process, simplifying transactions and reducing turnaround times.
Alongside the launch of Dual Representation, Roma is also offering borrowers a new option for discounted Independent Legal Advice (ILA), providing a 10% saving on ILA services. A dedicated platform has been rolled out to streamline the booking process and support quick access to these services.
Michael Allison, commercial director at Roma Finance (pictured), commented:
“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.”
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