Roma Finance has temporarily stopped accepting new business applications following the government's implementation of coronavirus-related restrictions.
However, the lender said it would be prioritising its pipeline cases through to completion.
Roma said movement restrictions had impacted how valuers can inspect properties and that solicitors working from home were unable to witness and advise on legal charges.
Scott Marshall (pictured), managing director at Roma Finance, said: “The decision is a prudent one at this time but rest assured Roma Finance remains committed to the bridging, development finance and buy-to-let lending sectors.
“We’ll be launching new products to help kickstart the market as soon as the government’s restrictions are lifted.”
These restrictions have seen many lenders suspend in-person valuations until further notice, while Vida has also been forced to stop accepting new applications.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS