TMG Mortgage Network has announced the addition of Roma Finance to its specialist lender panel, a move that enhances options for property investors and developers seeking bridging finance. This partnership is significant as it allows TMG to offer more flexible underwriting solutions tailored to cases that may not meet traditional lending criteria.
What is Roma Finance and its Role?
Roma Finance is a specialist lender that focuses on supporting property investors and developers throughout the property lifecycle. They employ flexible underwriting practices and have dedicated teams to evaluate cases that may fall outside conventional lending parameters. This approach is particularly beneficial for borrowers who may struggle to secure funding through traditional channels.
Why Does This Partnership Matter?
The inclusion of Roma Finance in TMG’s panel is a strategic move aimed at enhancing the services available to mortgage advisers and their clients. Danny Belton, head of TMG Club and partner strategy, expressed enthusiasm about the collaboration, highlighting TMG’s commitment to providing comprehensive support to advisers. This partnership is expected to facilitate growth for firms within the network by expanding their lending options.
How Will This Impact Bridging Finance Options?
For landlords and property developers, the addition of Roma Finance to TMG’s lender panel means greater access to bridging finance solutions. This is particularly important for those looking to finance projects that may require quick turnaround times or those that do not fit standard lending profiles. With Roma Finance’s expertise, investors can expect a more tailored approach to their financing needs, potentially leading to quicker approvals and more flexible terms. For more information on bridging finance, check out our bridging finance guide.
Frequently Asked Questions
What types of projects can benefit from Roma Finance?
Roma Finance supports a variety of projects, including residential and commercial developments, refurbishments, and property purchases that may require rapid funding solutions.
How can I access bridging finance through TMG and Roma Finance?
To access bridging finance, property investors and developers should contact a mortgage adviser within the TMG Mortgage Network, who can provide guidance on the application process and available products.