Roma Finance has provided a Liverpool-based developer with a £1.47m BTL mortgage.
Used to support the refinancing of 12 properties in the developer’s portfolio, this is the first seven figure transaction in Roma’s history.
The 60-month term financing has been provided using RomaPRO, a recently launched funding solution which focuses on BTL lending.
The deal was brokered by Express Mortgages and completed in 28 days with the client requiring a fast solution.
“This transaction perfectly demonstrates how [RomaPRO] is tailored to meet the needs of property investors, offering the flexibility, speed and support required to grow their investment portfolios,” said Dan Hill, senior key account manager at Roma Finance (pictured above).
“The completion of the deal in just 28 days is a testament to the expertise of our team and the strength of our partnerships.”
Paul Rawson, founder at Express Mortgages, added: “The use of desktop valuations and AVMs played a crucial role in ensuring a smooth and timely process. This deal is a great example of how lenders and brokers can work together to deliver exceptional results for property investors.”
