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Lending with IntegrityProduct Guide England Wales amp Scotland
May 2020 (COVID 19 Products)
The bridging development and buy-to-let visionary
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Roma Finance provides property professionals and landlords with bridging loans development finance and buy-to-let mortgages
We offer first and second charge loans from pound50k to pound1m and have operated successfully in the UK bridging finance market for over ten years providing finance for property projects such as renovations change of use property auction purchases and ground-up developments on residential investment commercial and industrial properties throughout England Scotland and Wales
We have introduced a 5-year mortgage which allows borrowers with a rental strategy to retain properties and release the equity theyrsquove created on development or refurbishment projects The product also enables borrowers to acquire investment property such as buy to lets and HMOs and even exit one of our bridging loans
Our buy-to-let options provide borrowers with longer term solutions for their projects Bridging and development properties can be sold on or turned into buy-to-let investments with a release of equity for new ventures
Why Roma
bull Simple legal process with completions possible in 7 daysbull Manual common sense underwritingbull Dedicated underwriter and single point of contactbull Dual legal representation on bridge to term productsbull A personal service and support throughout the life of the project
1048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708Speak to your local Business Development Manager or call us on 0161 817 7 480 tdiscuss the options Alternatively email us at enquiriesromafinancecouk
This Product Guide is a guide only Roma Finance will ALWAYS try to be flexible to WIN business
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
BRAND NEW PRODUCTS
Standard BridgingAutomated Valuation Method (AVM) Solution
Rates from 099 pmth
AFee 2
Exit 099
LTV up to 60 of CMV
Min Loan Size pound30000
Max Loan Size pound500000
bull Only AVMs with a confidence score of at least C will be acceptedbull Only to be used on loans where there are no further advancesbull 1st charge purchase loans onlybull LTV based on the lower of purchase price and the acceptable AVM valuationbull pound100 Fee for AVMsbull Terms up to 12 months consideredbull Interest deducted
Standard BridgingDesk top Valuation Solution
Rates from 089 pmth
AFee 2
Exit 089
LTV up to 60 of CMV
Min Loan Size pound30000
Max Loan Size pound500000
bull Normal valuation fee will applybull Terms up to 12 months consideredbull Suitable for purchases and refinancesbull 1st charges - for purchases the LTV is based on the CMV for refinancing the LTV is based on the 90
day valuebull 2nd charges available
- Rate loaded by 01 per month- Max LTV is usually 60 of the 90 day market value
bull Further advances considered only against physical inspections by our paid surveyor on loans whereno structural work is being carried out
bull Interest deducted on initial advances
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Standard BridgingLight Refurb
Rates from 100 pmth
AFee 2
Exit 100
LTVCMV up to 65
LTVGDV up to 65
Min Loan Size pound50000
Max Loan Size pound1m
bull A premium of 05 per month with one month exit fee will apply to standardlight refurbishmentsbetween pound50000 and 100000
Medium Refurb
Rates from 125 pmth
AFee 2
Exit 125
LTVCMV up to 60
LTVGDV up to 60
Min Loan Size pound50000
Max Loan Size pound1m
bull Refurbishment projects- Light - cost of works between 10 and 50 of Current Market Value (CMV) Min works pound30K- Medium - cost of works between 50 and 100 of CMV
bull Rates based on interest deducted on the initial advancebull Servicing of loans not possiblebull 1st charges - for purchases the LTV is based on the CMV for refinancing the LTV is based on the
90 day valuebull 2nd charges available
- Rate loaded by 01 per month- Max LTV is usually 65 of the 90 day market value
bull LTCMV - Loan to Current Market Valuebull LTGDV - Loan to Gross Development Valuebull Terms up to 12 months consideredbull Longer loan terms considered on merit on medium refurb projectsbull Higher rates and exit fees may apply in some cases
Inclusive of Interest
bull Heavy refurb loans where the cost of work s is greater than the CMVconsidered on a case by case basis
bull Ground up development loans considered only for experienced developerson sites where up to four dwellings are being constructed
Semi-Commercial or Mixed Use Solution
9 months 12 months
Rates from 110 pmth 115 pmth
AFee 2 2
Exit 110 115
LTV up to 60 up to 60
Min Loan Size pound50000 pound50000
Max Loan Size pound500000 pound500000
bull Deals below pound50000 considered Rates of 15 per month and a one month exit fee will applybull Includes commercial property with residential dwelling(s) - flat above a shop or offices etc
Commercial Solution
9 months 12 months
Rates from 125 pmth 130 pmth
AFee 2 2
Exit 125 130
LTV up to 50 up to 50
Min Loan Size pound50000 pound50000
Max Loan Size pound500000 pound500000
bull Deals below pound50000 consideredbull Unacceptable property types include but are not limited to
- Single use industrial properties such as purpose built factories or chemical works- Contaminated properties- Petrol stations- Operating night clubs- Operating pubs or care homes- Rural residential or commercial properties- Single use leisure properties such as amusement parks sports centres casinos golf or
football clubs- Buildings used for religious purposes- Schools- Properties owned by charities- Livestock Farms- Grade 1 amp some Grade 2 listed properties
bull Larger loans considered on a case by case basis
Inclusive of Interest
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Developer Exit Product
Rates from 110 pmth
AFee 2
Exit 110
LTV up to 60
Min Loan Size pound100000
Max Loan Size pound1m
bull Site must be windwatertightbull Residential part-built sites onlybull LTV based on 90 day valuebull Terms up to 12 months considered
ltpound50k Bridge Product
ltpound50k Product
Rates from 145
AFee pound1995
Exit 145
LTV 70
Min Loan Size pound30000
Max Loan Size pound50000
bull Minimum property value pound40kbull ResidentialSemi-CommercialCommercialDevelopment Sites where properties are
predominantly wind and watertight
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Roma Bridge to Roma 5 Year BTL Product
Min Loan Max Loan Min Property Value
pound50000 pound500000 pound75000
Max lending to any one borrower is pound750000
bull To be used for exiting a Roma bridging or Roma development loanbull Standard Buy-to-Let amp HMOsbull Primary security to be a 1st charge residential BTL or HMO in England or Walesbull For HMOs Limited Company and individual borrowers are acceptablebull For BTLs only Limited Company borrowers are acceptablebull Limited Companies must be registered in England amp Walesbull Valuations will be on a bricks amp mortarvacant possession basisbull Properties must be income producing and compliant with the appropriate legislation and rules ie
building regulationplanning approval HMO licence EPC gas safety certificate electrical certificateASTrsquos and proof of rent deposit (as appropriate)
bull Security properties can only be let on standard AST agreementsbull Maximum number of rooms in an HMO is 8bull All applications considered on a case by case basis
Rental cover
Max LTV+ Interest RateArrangement
FeeERC Commission
BTL+
125
70 489 + base
195555
4305
75 539 + base
HMO65 489 + base
70 539 + base
+ Non-standard construction and flats over 4 storeys max LTV 65
bull Loans under pound100k add 1 premiumbull Romarsquos solicitor can at the borrowerrsquos request act on a dual representation basis The legal fees for dual
representation will be pound450 plus VATbull Romarsquos legal fees for each additional security property will be pound500 plus VATbull For corporate borrowers each guarantor will need independent legal advicebull Rental cover based on the lower of the valuerrsquos assessment of open market rental value and actual rentbull For properties not yet fully let we will allow the borrower to ldquoTop Slicerdquo actual rent from other provable
incomebull Repayment and interest only options availablebull For straight term loans that are not a bridge exit the LTV is reduced by 5bull For Foreign Nationals the LTV is reduced by 5
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
The Property Journey
Roma Finance can support borrowers even after their projects are completed
All projects whether an initial auction property a standard bridge or ground up development can be exited onto a buy-to-let from Roma Finance Borrowers who decide to take this route will benefit from a simplied legal process and the same valuer throughout reducing costs and valuation risk
This could be a multiple stage process
Buy-to-LetRefurbBridging Loan
AuctionPurchase
Development Developer Exit
Buy-to-Let
Romaco Ltd (Reg No 07232590) Romaco SPV 1 Ltd (Reg No 09732416) Romaco SPV 2 Ltd (Reg No 10179215) Romaco SPV 3 Ltd (Reg No 10518586) Romaco SPV 4 Ltd (Reg
No 11111729) Romaco SPV 5 Ltd (Reg No 11112580) Romaco SPV 6 Ltd (Reg No 11698938) and Romaco SPV 7 Ltd (Reg No 12006443) are all companies which trade as Roma
Finance and are registered in England Scotland and Wales Registered office address 15 carnarvon Street Manchester M3 1HJ
Helping Fund UK Business
AWARD S
HIGHLYCOMMENDED
S E R V I C E E X C E L L E N C E
A W A R D ndash L E N D E R S
2 0 1 7
Product Guide May 2020 V13
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Roma Finance provides property professionals and landlords with bridging loans development finance and buy-to-let mortgages
We offer first and second charge loans from pound50k to pound1m and have operated successfully in the UK bridging finance market for over ten years providing finance for property projects such as renovations change of use property auction purchases and ground-up developments on residential investment commercial and industrial properties throughout England Scotland and Wales
We have introduced a 5-year mortgage which allows borrowers with a rental strategy to retain properties and release the equity theyrsquove created on development or refurbishment projects The product also enables borrowers to acquire investment property such as buy to lets and HMOs and even exit one of our bridging loans
Our buy-to-let options provide borrowers with longer term solutions for their projects Bridging and development properties can be sold on or turned into buy-to-let investments with a release of equity for new ventures
Why Roma
bull Simple legal process with completions possible in 7 daysbull Manual common sense underwritingbull Dedicated underwriter and single point of contactbull Dual legal representation on bridge to term productsbull A personal service and support throughout the life of the project
1048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708104870810487081048708Speak to your local Business Development Manager or call us on 0161 817 7 480 tdiscuss the options Alternatively email us at enquiriesromafinancecouk
This Product Guide is a guide only Roma Finance will ALWAYS try to be flexible to WIN business
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
BRAND NEW PRODUCTS
Standard BridgingAutomated Valuation Method (AVM) Solution
Rates from 099 pmth
AFee 2
Exit 099
LTV up to 60 of CMV
Min Loan Size pound30000
Max Loan Size pound500000
bull Only AVMs with a confidence score of at least C will be acceptedbull Only to be used on loans where there are no further advancesbull 1st charge purchase loans onlybull LTV based on the lower of purchase price and the acceptable AVM valuationbull pound100 Fee for AVMsbull Terms up to 12 months consideredbull Interest deducted
Standard BridgingDesk top Valuation Solution
Rates from 089 pmth
AFee 2
Exit 089
LTV up to 60 of CMV
Min Loan Size pound30000
Max Loan Size pound500000
bull Normal valuation fee will applybull Terms up to 12 months consideredbull Suitable for purchases and refinancesbull 1st charges - for purchases the LTV is based on the CMV for refinancing the LTV is based on the 90
day valuebull 2nd charges available
- Rate loaded by 01 per month- Max LTV is usually 60 of the 90 day market value
bull Further advances considered only against physical inspections by our paid surveyor on loans whereno structural work is being carried out
bull Interest deducted on initial advances
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Standard BridgingLight Refurb
Rates from 100 pmth
AFee 2
Exit 100
LTVCMV up to 65
LTVGDV up to 65
Min Loan Size pound50000
Max Loan Size pound1m
bull A premium of 05 per month with one month exit fee will apply to standardlight refurbishmentsbetween pound50000 and 100000
Medium Refurb
Rates from 125 pmth
AFee 2
Exit 125
LTVCMV up to 60
LTVGDV up to 60
Min Loan Size pound50000
Max Loan Size pound1m
bull Refurbishment projects- Light - cost of works between 10 and 50 of Current Market Value (CMV) Min works pound30K- Medium - cost of works between 50 and 100 of CMV
bull Rates based on interest deducted on the initial advancebull Servicing of loans not possiblebull 1st charges - for purchases the LTV is based on the CMV for refinancing the LTV is based on the
90 day valuebull 2nd charges available
- Rate loaded by 01 per month- Max LTV is usually 65 of the 90 day market value
bull LTCMV - Loan to Current Market Valuebull LTGDV - Loan to Gross Development Valuebull Terms up to 12 months consideredbull Longer loan terms considered on merit on medium refurb projectsbull Higher rates and exit fees may apply in some cases
Inclusive of Interest
bull Heavy refurb loans where the cost of work s is greater than the CMVconsidered on a case by case basis
bull Ground up development loans considered only for experienced developerson sites where up to four dwellings are being constructed
Semi-Commercial or Mixed Use Solution
9 months 12 months
Rates from 110 pmth 115 pmth
AFee 2 2
Exit 110 115
LTV up to 60 up to 60
Min Loan Size pound50000 pound50000
Max Loan Size pound500000 pound500000
bull Deals below pound50000 considered Rates of 15 per month and a one month exit fee will applybull Includes commercial property with residential dwelling(s) - flat above a shop or offices etc
Commercial Solution
9 months 12 months
Rates from 125 pmth 130 pmth
AFee 2 2
Exit 125 130
LTV up to 50 up to 50
Min Loan Size pound50000 pound50000
Max Loan Size pound500000 pound500000
bull Deals below pound50000 consideredbull Unacceptable property types include but are not limited to
- Single use industrial properties such as purpose built factories or chemical works- Contaminated properties- Petrol stations- Operating night clubs- Operating pubs or care homes- Rural residential or commercial properties- Single use leisure properties such as amusement parks sports centres casinos golf or
football clubs- Buildings used for religious purposes- Schools- Properties owned by charities- Livestock Farms- Grade 1 amp some Grade 2 listed properties
bull Larger loans considered on a case by case basis
Inclusive of Interest
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Developer Exit Product
Rates from 110 pmth
AFee 2
Exit 110
LTV up to 60
Min Loan Size pound100000
Max Loan Size pound1m
bull Site must be windwatertightbull Residential part-built sites onlybull LTV based on 90 day valuebull Terms up to 12 months considered
ltpound50k Bridge Product
ltpound50k Product
Rates from 145
AFee pound1995
Exit 145
LTV 70
Min Loan Size pound30000
Max Loan Size pound50000
bull Minimum property value pound40kbull ResidentialSemi-CommercialCommercialDevelopment Sites where properties are
predominantly wind and watertight
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Roma Bridge to Roma 5 Year BTL Product
Min Loan Max Loan Min Property Value
pound50000 pound500000 pound75000
Max lending to any one borrower is pound750000
bull To be used for exiting a Roma bridging or Roma development loanbull Standard Buy-to-Let amp HMOsbull Primary security to be a 1st charge residential BTL or HMO in England or Walesbull For HMOs Limited Company and individual borrowers are acceptablebull For BTLs only Limited Company borrowers are acceptablebull Limited Companies must be registered in England amp Walesbull Valuations will be on a bricks amp mortarvacant possession basisbull Properties must be income producing and compliant with the appropriate legislation and rules ie
building regulationplanning approval HMO licence EPC gas safety certificate electrical certificateASTrsquos and proof of rent deposit (as appropriate)
bull Security properties can only be let on standard AST agreementsbull Maximum number of rooms in an HMO is 8bull All applications considered on a case by case basis
Rental cover
Max LTV+ Interest RateArrangement
FeeERC Commission
BTL+
125
70 489 + base
195555
4305
75 539 + base
HMO65 489 + base
70 539 + base
+ Non-standard construction and flats over 4 storeys max LTV 65
bull Loans under pound100k add 1 premiumbull Romarsquos solicitor can at the borrowerrsquos request act on a dual representation basis The legal fees for dual
representation will be pound450 plus VATbull Romarsquos legal fees for each additional security property will be pound500 plus VATbull For corporate borrowers each guarantor will need independent legal advicebull Rental cover based on the lower of the valuerrsquos assessment of open market rental value and actual rentbull For properties not yet fully let we will allow the borrower to ldquoTop Slicerdquo actual rent from other provable
incomebull Repayment and interest only options availablebull For straight term loans that are not a bridge exit the LTV is reduced by 5bull For Foreign Nationals the LTV is reduced by 5
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
The Property Journey
Roma Finance can support borrowers even after their projects are completed
All projects whether an initial auction property a standard bridge or ground up development can be exited onto a buy-to-let from Roma Finance Borrowers who decide to take this route will benefit from a simplied legal process and the same valuer throughout reducing costs and valuation risk
This could be a multiple stage process
Buy-to-LetRefurbBridging Loan
AuctionPurchase
Development Developer Exit
Buy-to-Let
Romaco Ltd (Reg No 07232590) Romaco SPV 1 Ltd (Reg No 09732416) Romaco SPV 2 Ltd (Reg No 10179215) Romaco SPV 3 Ltd (Reg No 10518586) Romaco SPV 4 Ltd (Reg
No 11111729) Romaco SPV 5 Ltd (Reg No 11112580) Romaco SPV 6 Ltd (Reg No 11698938) and Romaco SPV 7 Ltd (Reg No 12006443) are all companies which trade as Roma
Finance and are registered in England Scotland and Wales Registered office address 15 carnarvon Street Manchester M3 1HJ
Helping Fund UK Business
AWARD S
HIGHLYCOMMENDED
S E R V I C E E X C E L L E N C E
A W A R D ndash L E N D E R S
2 0 1 7
Product Guide May 2020 V13
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
BRAND NEW PRODUCTS
Standard BridgingAutomated Valuation Method (AVM) Solution
Rates from 099 pmth
AFee 2
Exit 099
LTV up to 60 of CMV
Min Loan Size pound30000
Max Loan Size pound500000
bull Only AVMs with a confidence score of at least C will be acceptedbull Only to be used on loans where there are no further advancesbull 1st charge purchase loans onlybull LTV based on the lower of purchase price and the acceptable AVM valuationbull pound100 Fee for AVMsbull Terms up to 12 months consideredbull Interest deducted
Standard BridgingDesk top Valuation Solution
Rates from 089 pmth
AFee 2
Exit 089
LTV up to 60 of CMV
Min Loan Size pound30000
Max Loan Size pound500000
bull Normal valuation fee will applybull Terms up to 12 months consideredbull Suitable for purchases and refinancesbull 1st charges - for purchases the LTV is based on the CMV for refinancing the LTV is based on the 90
day valuebull 2nd charges available
- Rate loaded by 01 per month- Max LTV is usually 60 of the 90 day market value
bull Further advances considered only against physical inspections by our paid surveyor on loans whereno structural work is being carried out
bull Interest deducted on initial advances
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Standard BridgingLight Refurb
Rates from 100 pmth
AFee 2
Exit 100
LTVCMV up to 65
LTVGDV up to 65
Min Loan Size pound50000
Max Loan Size pound1m
bull A premium of 05 per month with one month exit fee will apply to standardlight refurbishmentsbetween pound50000 and 100000
Medium Refurb
Rates from 125 pmth
AFee 2
Exit 125
LTVCMV up to 60
LTVGDV up to 60
Min Loan Size pound50000
Max Loan Size pound1m
bull Refurbishment projects- Light - cost of works between 10 and 50 of Current Market Value (CMV) Min works pound30K- Medium - cost of works between 50 and 100 of CMV
bull Rates based on interest deducted on the initial advancebull Servicing of loans not possiblebull 1st charges - for purchases the LTV is based on the CMV for refinancing the LTV is based on the
90 day valuebull 2nd charges available
- Rate loaded by 01 per month- Max LTV is usually 65 of the 90 day market value
bull LTCMV - Loan to Current Market Valuebull LTGDV - Loan to Gross Development Valuebull Terms up to 12 months consideredbull Longer loan terms considered on merit on medium refurb projectsbull Higher rates and exit fees may apply in some cases
Inclusive of Interest
bull Heavy refurb loans where the cost of work s is greater than the CMVconsidered on a case by case basis
bull Ground up development loans considered only for experienced developerson sites where up to four dwellings are being constructed
Semi-Commercial or Mixed Use Solution
9 months 12 months
Rates from 110 pmth 115 pmth
AFee 2 2
Exit 110 115
LTV up to 60 up to 60
Min Loan Size pound50000 pound50000
Max Loan Size pound500000 pound500000
bull Deals below pound50000 considered Rates of 15 per month and a one month exit fee will applybull Includes commercial property with residential dwelling(s) - flat above a shop or offices etc
Commercial Solution
9 months 12 months
Rates from 125 pmth 130 pmth
AFee 2 2
Exit 125 130
LTV up to 50 up to 50
Min Loan Size pound50000 pound50000
Max Loan Size pound500000 pound500000
bull Deals below pound50000 consideredbull Unacceptable property types include but are not limited to
- Single use industrial properties such as purpose built factories or chemical works- Contaminated properties- Petrol stations- Operating night clubs- Operating pubs or care homes- Rural residential or commercial properties- Single use leisure properties such as amusement parks sports centres casinos golf or
football clubs- Buildings used for religious purposes- Schools- Properties owned by charities- Livestock Farms- Grade 1 amp some Grade 2 listed properties
bull Larger loans considered on a case by case basis
Inclusive of Interest
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Developer Exit Product
Rates from 110 pmth
AFee 2
Exit 110
LTV up to 60
Min Loan Size pound100000
Max Loan Size pound1m
bull Site must be windwatertightbull Residential part-built sites onlybull LTV based on 90 day valuebull Terms up to 12 months considered
ltpound50k Bridge Product
ltpound50k Product
Rates from 145
AFee pound1995
Exit 145
LTV 70
Min Loan Size pound30000
Max Loan Size pound50000
bull Minimum property value pound40kbull ResidentialSemi-CommercialCommercialDevelopment Sites where properties are
predominantly wind and watertight
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Roma Bridge to Roma 5 Year BTL Product
Min Loan Max Loan Min Property Value
pound50000 pound500000 pound75000
Max lending to any one borrower is pound750000
bull To be used for exiting a Roma bridging or Roma development loanbull Standard Buy-to-Let amp HMOsbull Primary security to be a 1st charge residential BTL or HMO in England or Walesbull For HMOs Limited Company and individual borrowers are acceptablebull For BTLs only Limited Company borrowers are acceptablebull Limited Companies must be registered in England amp Walesbull Valuations will be on a bricks amp mortarvacant possession basisbull Properties must be income producing and compliant with the appropriate legislation and rules ie
building regulationplanning approval HMO licence EPC gas safety certificate electrical certificateASTrsquos and proof of rent deposit (as appropriate)
bull Security properties can only be let on standard AST agreementsbull Maximum number of rooms in an HMO is 8bull All applications considered on a case by case basis
Rental cover
Max LTV+ Interest RateArrangement
FeeERC Commission
BTL+
125
70 489 + base
195555
4305
75 539 + base
HMO65 489 + base
70 539 + base
+ Non-standard construction and flats over 4 storeys max LTV 65
bull Loans under pound100k add 1 premiumbull Romarsquos solicitor can at the borrowerrsquos request act on a dual representation basis The legal fees for dual
representation will be pound450 plus VATbull Romarsquos legal fees for each additional security property will be pound500 plus VATbull For corporate borrowers each guarantor will need independent legal advicebull Rental cover based on the lower of the valuerrsquos assessment of open market rental value and actual rentbull For properties not yet fully let we will allow the borrower to ldquoTop Slicerdquo actual rent from other provable
incomebull Repayment and interest only options availablebull For straight term loans that are not a bridge exit the LTV is reduced by 5bull For Foreign Nationals the LTV is reduced by 5
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
The Property Journey
Roma Finance can support borrowers even after their projects are completed
All projects whether an initial auction property a standard bridge or ground up development can be exited onto a buy-to-let from Roma Finance Borrowers who decide to take this route will benefit from a simplied legal process and the same valuer throughout reducing costs and valuation risk
This could be a multiple stage process
Buy-to-LetRefurbBridging Loan
AuctionPurchase
Development Developer Exit
Buy-to-Let
Romaco Ltd (Reg No 07232590) Romaco SPV 1 Ltd (Reg No 09732416) Romaco SPV 2 Ltd (Reg No 10179215) Romaco SPV 3 Ltd (Reg No 10518586) Romaco SPV 4 Ltd (Reg
No 11111729) Romaco SPV 5 Ltd (Reg No 11112580) Romaco SPV 6 Ltd (Reg No 11698938) and Romaco SPV 7 Ltd (Reg No 12006443) are all companies which trade as Roma
Finance and are registered in England Scotland and Wales Registered office address 15 carnarvon Street Manchester M3 1HJ
Helping Fund UK Business
AWARD S
HIGHLYCOMMENDED
S E R V I C E E X C E L L E N C E
A W A R D ndash L E N D E R S
2 0 1 7
Product Guide May 2020 V13
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Standard BridgingLight Refurb
Rates from 100 pmth
AFee 2
Exit 100
LTVCMV up to 65
LTVGDV up to 65
Min Loan Size pound50000
Max Loan Size pound1m
bull A premium of 05 per month with one month exit fee will apply to standardlight refurbishmentsbetween pound50000 and 100000
Medium Refurb
Rates from 125 pmth
AFee 2
Exit 125
LTVCMV up to 60
LTVGDV up to 60
Min Loan Size pound50000
Max Loan Size pound1m
bull Refurbishment projects- Light - cost of works between 10 and 50 of Current Market Value (CMV) Min works pound30K- Medium - cost of works between 50 and 100 of CMV
bull Rates based on interest deducted on the initial advancebull Servicing of loans not possiblebull 1st charges - for purchases the LTV is based on the CMV for refinancing the LTV is based on the
90 day valuebull 2nd charges available
- Rate loaded by 01 per month- Max LTV is usually 65 of the 90 day market value
bull LTCMV - Loan to Current Market Valuebull LTGDV - Loan to Gross Development Valuebull Terms up to 12 months consideredbull Longer loan terms considered on merit on medium refurb projectsbull Higher rates and exit fees may apply in some cases
Inclusive of Interest
bull Heavy refurb loans where the cost of work s is greater than the CMVconsidered on a case by case basis
bull Ground up development loans considered only for experienced developerson sites where up to four dwellings are being constructed
Semi-Commercial or Mixed Use Solution
9 months 12 months
Rates from 110 pmth 115 pmth
AFee 2 2
Exit 110 115
LTV up to 60 up to 60
Min Loan Size pound50000 pound50000
Max Loan Size pound500000 pound500000
bull Deals below pound50000 considered Rates of 15 per month and a one month exit fee will applybull Includes commercial property with residential dwelling(s) - flat above a shop or offices etc
Commercial Solution
9 months 12 months
Rates from 125 pmth 130 pmth
AFee 2 2
Exit 125 130
LTV up to 50 up to 50
Min Loan Size pound50000 pound50000
Max Loan Size pound500000 pound500000
bull Deals below pound50000 consideredbull Unacceptable property types include but are not limited to
- Single use industrial properties such as purpose built factories or chemical works- Contaminated properties- Petrol stations- Operating night clubs- Operating pubs or care homes- Rural residential or commercial properties- Single use leisure properties such as amusement parks sports centres casinos golf or
football clubs- Buildings used for religious purposes- Schools- Properties owned by charities- Livestock Farms- Grade 1 amp some Grade 2 listed properties
bull Larger loans considered on a case by case basis
Inclusive of Interest
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Developer Exit Product
Rates from 110 pmth
AFee 2
Exit 110
LTV up to 60
Min Loan Size pound100000
Max Loan Size pound1m
bull Site must be windwatertightbull Residential part-built sites onlybull LTV based on 90 day valuebull Terms up to 12 months considered
ltpound50k Bridge Product
ltpound50k Product
Rates from 145
AFee pound1995
Exit 145
LTV 70
Min Loan Size pound30000
Max Loan Size pound50000
bull Minimum property value pound40kbull ResidentialSemi-CommercialCommercialDevelopment Sites where properties are
predominantly wind and watertight
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Roma Bridge to Roma 5 Year BTL Product
Min Loan Max Loan Min Property Value
pound50000 pound500000 pound75000
Max lending to any one borrower is pound750000
bull To be used for exiting a Roma bridging or Roma development loanbull Standard Buy-to-Let amp HMOsbull Primary security to be a 1st charge residential BTL or HMO in England or Walesbull For HMOs Limited Company and individual borrowers are acceptablebull For BTLs only Limited Company borrowers are acceptablebull Limited Companies must be registered in England amp Walesbull Valuations will be on a bricks amp mortarvacant possession basisbull Properties must be income producing and compliant with the appropriate legislation and rules ie
building regulationplanning approval HMO licence EPC gas safety certificate electrical certificateASTrsquos and proof of rent deposit (as appropriate)
bull Security properties can only be let on standard AST agreementsbull Maximum number of rooms in an HMO is 8bull All applications considered on a case by case basis
Rental cover
Max LTV+ Interest RateArrangement
FeeERC Commission
BTL+
125
70 489 + base
195555
4305
75 539 + base
HMO65 489 + base
70 539 + base
+ Non-standard construction and flats over 4 storeys max LTV 65
bull Loans under pound100k add 1 premiumbull Romarsquos solicitor can at the borrowerrsquos request act on a dual representation basis The legal fees for dual
representation will be pound450 plus VATbull Romarsquos legal fees for each additional security property will be pound500 plus VATbull For corporate borrowers each guarantor will need independent legal advicebull Rental cover based on the lower of the valuerrsquos assessment of open market rental value and actual rentbull For properties not yet fully let we will allow the borrower to ldquoTop Slicerdquo actual rent from other provable
incomebull Repayment and interest only options availablebull For straight term loans that are not a bridge exit the LTV is reduced by 5bull For Foreign Nationals the LTV is reduced by 5
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
The Property Journey
Roma Finance can support borrowers even after their projects are completed
All projects whether an initial auction property a standard bridge or ground up development can be exited onto a buy-to-let from Roma Finance Borrowers who decide to take this route will benefit from a simplied legal process and the same valuer throughout reducing costs and valuation risk
This could be a multiple stage process
Buy-to-LetRefurbBridging Loan
AuctionPurchase
Development Developer Exit
Buy-to-Let
Romaco Ltd (Reg No 07232590) Romaco SPV 1 Ltd (Reg No 09732416) Romaco SPV 2 Ltd (Reg No 10179215) Romaco SPV 3 Ltd (Reg No 10518586) Romaco SPV 4 Ltd (Reg
No 11111729) Romaco SPV 5 Ltd (Reg No 11112580) Romaco SPV 6 Ltd (Reg No 11698938) and Romaco SPV 7 Ltd (Reg No 12006443) are all companies which trade as Roma
Finance and are registered in England Scotland and Wales Registered office address 15 carnarvon Street Manchester M3 1HJ
Helping Fund UK Business
AWARD S
HIGHLYCOMMENDED
S E R V I C E E X C E L L E N C E
A W A R D ndash L E N D E R S
2 0 1 7
Product Guide May 2020 V13
Semi-Commercial or Mixed Use Solution
9 months 12 months
Rates from 110 pmth 115 pmth
AFee 2 2
Exit 110 115
LTV up to 60 up to 60
Min Loan Size pound50000 pound50000
Max Loan Size pound500000 pound500000
bull Deals below pound50000 considered Rates of 15 per month and a one month exit fee will applybull Includes commercial property with residential dwelling(s) - flat above a shop or offices etc
Commercial Solution
9 months 12 months
Rates from 125 pmth 130 pmth
AFee 2 2
Exit 125 130
LTV up to 50 up to 50
Min Loan Size pound50000 pound50000
Max Loan Size pound500000 pound500000
bull Deals below pound50000 consideredbull Unacceptable property types include but are not limited to
- Single use industrial properties such as purpose built factories or chemical works- Contaminated properties- Petrol stations- Operating night clubs- Operating pubs or care homes- Rural residential or commercial properties- Single use leisure properties such as amusement parks sports centres casinos golf or
football clubs- Buildings used for religious purposes- Schools- Properties owned by charities- Livestock Farms- Grade 1 amp some Grade 2 listed properties
bull Larger loans considered on a case by case basis
Inclusive of Interest
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Developer Exit Product
Rates from 110 pmth
AFee 2
Exit 110
LTV up to 60
Min Loan Size pound100000
Max Loan Size pound1m
bull Site must be windwatertightbull Residential part-built sites onlybull LTV based on 90 day valuebull Terms up to 12 months considered
ltpound50k Bridge Product
ltpound50k Product
Rates from 145
AFee pound1995
Exit 145
LTV 70
Min Loan Size pound30000
Max Loan Size pound50000
bull Minimum property value pound40kbull ResidentialSemi-CommercialCommercialDevelopment Sites where properties are
predominantly wind and watertight
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Roma Bridge to Roma 5 Year BTL Product
Min Loan Max Loan Min Property Value
pound50000 pound500000 pound75000
Max lending to any one borrower is pound750000
bull To be used for exiting a Roma bridging or Roma development loanbull Standard Buy-to-Let amp HMOsbull Primary security to be a 1st charge residential BTL or HMO in England or Walesbull For HMOs Limited Company and individual borrowers are acceptablebull For BTLs only Limited Company borrowers are acceptablebull Limited Companies must be registered in England amp Walesbull Valuations will be on a bricks amp mortarvacant possession basisbull Properties must be income producing and compliant with the appropriate legislation and rules ie
building regulationplanning approval HMO licence EPC gas safety certificate electrical certificateASTrsquos and proof of rent deposit (as appropriate)
bull Security properties can only be let on standard AST agreementsbull Maximum number of rooms in an HMO is 8bull All applications considered on a case by case basis
Rental cover
Max LTV+ Interest RateArrangement
FeeERC Commission
BTL+
125
70 489 + base
195555
4305
75 539 + base
HMO65 489 + base
70 539 + base
+ Non-standard construction and flats over 4 storeys max LTV 65
bull Loans under pound100k add 1 premiumbull Romarsquos solicitor can at the borrowerrsquos request act on a dual representation basis The legal fees for dual
representation will be pound450 plus VATbull Romarsquos legal fees for each additional security property will be pound500 plus VATbull For corporate borrowers each guarantor will need independent legal advicebull Rental cover based on the lower of the valuerrsquos assessment of open market rental value and actual rentbull For properties not yet fully let we will allow the borrower to ldquoTop Slicerdquo actual rent from other provable
incomebull Repayment and interest only options availablebull For straight term loans that are not a bridge exit the LTV is reduced by 5bull For Foreign Nationals the LTV is reduced by 5
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
The Property Journey
Roma Finance can support borrowers even after their projects are completed
All projects whether an initial auction property a standard bridge or ground up development can be exited onto a buy-to-let from Roma Finance Borrowers who decide to take this route will benefit from a simplied legal process and the same valuer throughout reducing costs and valuation risk
This could be a multiple stage process
Buy-to-LetRefurbBridging Loan
AuctionPurchase
Development Developer Exit
Buy-to-Let
Romaco Ltd (Reg No 07232590) Romaco SPV 1 Ltd (Reg No 09732416) Romaco SPV 2 Ltd (Reg No 10179215) Romaco SPV 3 Ltd (Reg No 10518586) Romaco SPV 4 Ltd (Reg
No 11111729) Romaco SPV 5 Ltd (Reg No 11112580) Romaco SPV 6 Ltd (Reg No 11698938) and Romaco SPV 7 Ltd (Reg No 12006443) are all companies which trade as Roma
Finance and are registered in England Scotland and Wales Registered office address 15 carnarvon Street Manchester M3 1HJ
Helping Fund UK Business
AWARD S
HIGHLYCOMMENDED
S E R V I C E E X C E L L E N C E
A W A R D ndash L E N D E R S
2 0 1 7
Product Guide May 2020 V13
Developer Exit Product
Rates from 110 pmth
AFee 2
Exit 110
LTV up to 60
Min Loan Size pound100000
Max Loan Size pound1m
bull Site must be windwatertightbull Residential part-built sites onlybull LTV based on 90 day valuebull Terms up to 12 months considered
ltpound50k Bridge Product
ltpound50k Product
Rates from 145
AFee pound1995
Exit 145
LTV 70
Min Loan Size pound30000
Max Loan Size pound50000
bull Minimum property value pound40kbull ResidentialSemi-CommercialCommercialDevelopment Sites where properties are
predominantly wind and watertight
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
Roma Bridge to Roma 5 Year BTL Product
Min Loan Max Loan Min Property Value
pound50000 pound500000 pound75000
Max lending to any one borrower is pound750000
bull To be used for exiting a Roma bridging or Roma development loanbull Standard Buy-to-Let amp HMOsbull Primary security to be a 1st charge residential BTL or HMO in England or Walesbull For HMOs Limited Company and individual borrowers are acceptablebull For BTLs only Limited Company borrowers are acceptablebull Limited Companies must be registered in England amp Walesbull Valuations will be on a bricks amp mortarvacant possession basisbull Properties must be income producing and compliant with the appropriate legislation and rules ie
building regulationplanning approval HMO licence EPC gas safety certificate electrical certificateASTrsquos and proof of rent deposit (as appropriate)
bull Security properties can only be let on standard AST agreementsbull Maximum number of rooms in an HMO is 8bull All applications considered on a case by case basis
Rental cover
Max LTV+ Interest RateArrangement
FeeERC Commission
BTL+
125
70 489 + base
195555
4305
75 539 + base
HMO65 489 + base
70 539 + base
+ Non-standard construction and flats over 4 storeys max LTV 65
bull Loans under pound100k add 1 premiumbull Romarsquos solicitor can at the borrowerrsquos request act on a dual representation basis The legal fees for dual
representation will be pound450 plus VATbull Romarsquos legal fees for each additional security property will be pound500 plus VATbull For corporate borrowers each guarantor will need independent legal advicebull Rental cover based on the lower of the valuerrsquos assessment of open market rental value and actual rentbull For properties not yet fully let we will allow the borrower to ldquoTop Slicerdquo actual rent from other provable
incomebull Repayment and interest only options availablebull For straight term loans that are not a bridge exit the LTV is reduced by 5bull For Foreign Nationals the LTV is reduced by 5
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
The Property Journey
Roma Finance can support borrowers even after their projects are completed
All projects whether an initial auction property a standard bridge or ground up development can be exited onto a buy-to-let from Roma Finance Borrowers who decide to take this route will benefit from a simplied legal process and the same valuer throughout reducing costs and valuation risk
This could be a multiple stage process
Buy-to-LetRefurbBridging Loan
AuctionPurchase
Development Developer Exit
Buy-to-Let
Romaco Ltd (Reg No 07232590) Romaco SPV 1 Ltd (Reg No 09732416) Romaco SPV 2 Ltd (Reg No 10179215) Romaco SPV 3 Ltd (Reg No 10518586) Romaco SPV 4 Ltd (Reg
No 11111729) Romaco SPV 5 Ltd (Reg No 11112580) Romaco SPV 6 Ltd (Reg No 11698938) and Romaco SPV 7 Ltd (Reg No 12006443) are all companies which trade as Roma
Finance and are registered in England Scotland and Wales Registered office address 15 carnarvon Street Manchester M3 1HJ
Helping Fund UK Business
AWARD S
HIGHLYCOMMENDED
S E R V I C E E X C E L L E N C E
A W A R D ndash L E N D E R S
2 0 1 7
Product Guide May 2020 V13
Roma Bridge to Roma 5 Year BTL Product
Min Loan Max Loan Min Property Value
pound50000 pound500000 pound75000
Max lending to any one borrower is pound750000
bull To be used for exiting a Roma bridging or Roma development loanbull Standard Buy-to-Let amp HMOsbull Primary security to be a 1st charge residential BTL or HMO in England or Walesbull For HMOs Limited Company and individual borrowers are acceptablebull For BTLs only Limited Company borrowers are acceptablebull Limited Companies must be registered in England amp Walesbull Valuations will be on a bricks amp mortarvacant possession basisbull Properties must be income producing and compliant with the appropriate legislation and rules ie
building regulationplanning approval HMO licence EPC gas safety certificate electrical certificateASTrsquos and proof of rent deposit (as appropriate)
bull Security properties can only be let on standard AST agreementsbull Maximum number of rooms in an HMO is 8bull All applications considered on a case by case basis
Rental cover
Max LTV+ Interest RateArrangement
FeeERC Commission
BTL+
125
70 489 + base
195555
4305
75 539 + base
HMO65 489 + base
70 539 + base
+ Non-standard construction and flats over 4 storeys max LTV 65
bull Loans under pound100k add 1 premiumbull Romarsquos solicitor can at the borrowerrsquos request act on a dual representation basis The legal fees for dual
representation will be pound450 plus VATbull Romarsquos legal fees for each additional security property will be pound500 plus VATbull For corporate borrowers each guarantor will need independent legal advicebull Rental cover based on the lower of the valuerrsquos assessment of open market rental value and actual rentbull For properties not yet fully let we will allow the borrower to ldquoTop Slicerdquo actual rent from other provable
incomebull Repayment and interest only options availablebull For straight term loans that are not a bridge exit the LTV is reduced by 5bull For Foreign Nationals the LTV is reduced by 5
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
The Property Journey
Roma Finance can support borrowers even after their projects are completed
All projects whether an initial auction property a standard bridge or ground up development can be exited onto a buy-to-let from Roma Finance Borrowers who decide to take this route will benefit from a simplied legal process and the same valuer throughout reducing costs and valuation risk
This could be a multiple stage process
Buy-to-LetRefurbBridging Loan
AuctionPurchase
Development Developer Exit
Buy-to-Let
Romaco Ltd (Reg No 07232590) Romaco SPV 1 Ltd (Reg No 09732416) Romaco SPV 2 Ltd (Reg No 10179215) Romaco SPV 3 Ltd (Reg No 10518586) Romaco SPV 4 Ltd (Reg
No 11111729) Romaco SPV 5 Ltd (Reg No 11112580) Romaco SPV 6 Ltd (Reg No 11698938) and Romaco SPV 7 Ltd (Reg No 12006443) are all companies which trade as Roma
Finance and are registered in England Scotland and Wales Registered office address 15 carnarvon Street Manchester M3 1HJ
Helping Fund UK Business
AWARD S
HIGHLYCOMMENDED
S E R V I C E E X C E L L E N C E
A W A R D ndash L E N D E R S
2 0 1 7
Product Guide May 2020 V13
THIS PRODUCT GUIDE IS INTENDED FOR PROPERTY PROFESSIONALS AND INTRODUCERS ONLY All loans subject to underwriting approval Romaco Ltd (ta Roma Finance) is not authorised or regulated by the Financial Conduct Authority and as such is only able to write unregulat-ed loans Loans can be secured against land and property THROUGHOUT EnglandWales amp Scotland Loans accepted subject to Introducers agreeing to our latest Introducer Terms of Business Copies available on our website
The Property Journey
Roma Finance can support borrowers even after their projects are completed
All projects whether an initial auction property a standard bridge or ground up development can be exited onto a buy-to-let from Roma Finance Borrowers who decide to take this route will benefit from a simplied legal process and the same valuer throughout reducing costs and valuation risk
This could be a multiple stage process
Buy-to-LetRefurbBridging Loan
AuctionPurchase
Development Developer Exit
Buy-to-Let
Romaco Ltd (Reg No 07232590) Romaco SPV 1 Ltd (Reg No 09732416) Romaco SPV 2 Ltd (Reg No 10179215) Romaco SPV 3 Ltd (Reg No 10518586) Romaco SPV 4 Ltd (Reg
No 11111729) Romaco SPV 5 Ltd (Reg No 11112580) Romaco SPV 6 Ltd (Reg No 11698938) and Romaco SPV 7 Ltd (Reg No 12006443) are all companies which trade as Roma
Finance and are registered in England Scotland and Wales Registered office address 15 carnarvon Street Manchester M3 1HJ
Helping Fund UK Business
AWARD S
HIGHLYCOMMENDED
S E R V I C E E X C E L L E N C E
A W A R D ndash L E N D E R S
2 0 1 7
Product Guide May 2020 V13
Romaco Ltd (Reg No 07232590) Romaco SPV 1 Ltd (Reg No 09732416) Romaco SPV 2 Ltd (Reg No 10179215) Romaco SPV 3 Ltd (Reg No 10518586) Romaco SPV 4 Ltd (Reg
No 11111729) Romaco SPV 5 Ltd (Reg No 11112580) Romaco SPV 6 Ltd (Reg No 11698938) and Romaco SPV 7 Ltd (Reg No 12006443) are all companies which trade as Roma
Finance and are registered in England Scotland and Wales Registered office address 15 carnarvon Street Manchester M3 1HJ
Helping Fund UK Business
AWARD S
HIGHLYCOMMENDED
S E R V I C E E X C E L L E N C E
A W A R D ndash L E N D E R S
2 0 1 7
Product Guide May 2020 V13
