Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.
Roma Finance Launches Commercial Mortgage Range Across UK
Roma Finance has launched a new commercial mortgage range, following the extension of its forward flow agreement with JPMorgan. The new offering provides loans of up to £2 million to property investors, trading businesses, operating companies, and opco-propco structures throughout England, Scotland, and Wales.
The commercial mortgage range features rates starting from 7.1% up to 70% loan to value (LTV). Both fixed rate and longer-term options are available, designed to meet the needs of investment and owner-occupied commercial property requirements.
Roma Finance stated that this launch marks its expansion into long-term finance, complementing its existing bridging and development finance products. The lender said this will allow borrowers to access finance for the full property investment journey across both residential and commercial sectors.
Earlier in the year, Roma Finance established a dedicated commercial underwriting team to enhance support for its borrowers.
This development is relevant for UK letting agents and inventory clerks as it broadens the range of finance options available to property professionals and investors, potentially supporting more diverse property transactions and management opportunities across the UK.
Source: Mortgage Solutions