Roma Finance has agreed a new forward flow with J.P. Morgan, enabling it to significantly expand its long-term lending capabilities.
The transaction will enable Roma to launch a range of long-term buy-to-let and commercial mortgage products, including terms of up to 40 years across two, five and seven-year fixed rate options.
As part of the expansion, Roma is broadening its support for property investors and business owners through a new commercial and semi-commercial mortgage proposition covering owner-occupied premises, investment properties and propco/opco structures across a wide range of use classes throughout England, Scotland and Wales.
The announcement moves Roma from solely a bridging and development finance specialist into a full lifecycle funding partner for property professionals and business owners alike.
By expanding into long-term finance, Roma will now be able to support customers more seamlessly throughout their entire property journey — from acquisition and refurbishment through to development exit and long-term hold strategies.
To support its growth journey, Roma has recently recruited additional headcount with the team now at almost 100 colleagues.
Scott Marshall (pictured), managing director at Roma Finance, said: “This is a landmark moment for Roma Finance, particularly in the current climate, and a hugely exciting step in the continued evolution of our business. Securing a forward flow with J.P. Morgan is not only transformational for our growth plans, but also provides significant support to our strategy and our people as we look to capitalise on this exciting opportunity.
“Our vision has always been to support brokers, property investors and developers throughout their entire journey, and this transaction enables us to strengthen that ‘Customer for Life’ proposition even further. Customers can now move seamlessly from bridging and development finance into long-term mortgage solutions, all under one roof, with further enhanced speed, flexibility and service.
“We are continuing to invest heavily in our people, our technology and our proposition to ensure brokers and borrowers alike have access to a market-leading experience and a wider range of competitive funding options. With that in mind, I can confirm that further product launches and enhancements to our services are expected to follow later this year - so watch this space.”
