Roma Finance launches limited edition 0.75% bridging rate
Roma Finance has launched a limited edition residential first charge bridging rate of 0.75% per month up to 75% LTV.
"This can be a slow time of year for introducers and property developers and this special offer will allow many more residential investment property projects to be funded to completion."
With a fund of £10m available, bridging finance on these terms will only be available where funds are allocated by 14th February.
The product is available for loans between £100,000 - £500,000 and has no exit fees.
The offer will suit buy to let, HMO conversions, property renovations, auction purchases and unmortgageable residential investment properties.
Agreements in Principle can be issued within one working hour of enquiry and completion can happen within 48 hours of solicitors being instructed.
Scott Marshall, Managing Director, commented: “This can be a slow time of year for introducers and property developers and this special offer will allow many more residential investment property projects to be funded to completion. For those who are experiencing delays with other lenders this is also an ideal offer to move to the finishing line with stalled conversions and renovations.”
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