We've Agreed New £120m Lending Facility With Roma Finance
12 October 2023 • Corporate
We've agreed a brand new £120 million facility with Roma Finance for bridging loans, development finance and specialist buy-to-let mortgages and is designed to support landlords who wish to expand their property portfolios.
We've been successful collaborators with Roma since 2017 and this new line has led to the launch of a host of highly competitive short-term lending products into the market this month, with buy-to-let products to follow.
Chief Commercial Officer at The Cambridge, Carole Charter said: “We are delighted to have agreed this new facility with Roma. They are focussed entirely on the interests of their borrower, and we have been highly impressed with their track record for repeat business and successful redemptions. We are wholly aligned as organisations, and I am very enthusiastic about the future of both our businesses and the partnership.”
Scott Marshall, Founder and Managing Director of Roma said: “The extension of our partnership with The Cambridge Building Society marks a very exciting time in our business and is a major step forwards in our vision. Roma has an incredibly strong working relationship with all its funding partners and The Cambridge Building Society is no exception. We believe this to be the largest-ever funding agreement between a building society and a non-bank lender in the UK and we are already seeing firm demand for these new products. I’m looking forward to supporting more great customers in building their property portfolios.”
Our mortgage products can be found by clicking here.
All our mortgages are available on properties across England and Wales.
For more information contact the team today.