Bridging lender Roma Finance has launched a bridging product and reduced rates for higher loan to value (LTV) products.
The below market value bridge product is available for experienced property investors and landlords up to 70 per cent LTV with rates starting from 0.99 per cent.
It aims to support partners and customers in “uncertain times”.
The lender has also cut rates across its bridging and development range, with the standard bridging rates beginning from 0.75 per cent at 75 per cent LTV.
Steve Smith, sales director of Roma Finance, said: “We love to lend and are focused on supporting the market in these ever-changing economic circumstances. We remain agile and believe these new products and rates changes will provide support to those who are looking to grow their portfolios and property investment opportunities.
“Our product guide is a ‘guide’ and the solutions we create are tailor made to suit circumstances, so it is always worth a conversation. These enhancements will allow more customers to access short-term finance at this time to continue to push forward with their aspirations.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.