RomaGrow

Development finance for ambitious projects

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Specialist development finance for ground‑up and refurbishment projects

RomaGROW is the next step in the property journey, designed for those looking at medium and heavy refurbishment projects and full ground-up developments.

Roma has a ‘specialist’ underwriting team focussed solely on development cases.

RomaGROW products are designed for those looking to spend more than 50% of a property value on works to improve or create new homes.

The products included within RomaGROW are Light Development*, Medium Refurbishment, Heavy Refurbishment, Residential Ground-Up Development and Commercial Ground-Up Development.

*Light Development is a RomaGROW product but also goes through the RomaFLOW process

Loans from £75,000 – £3 million in England, Scotland and Wales

Competitive rates

Up to 75% LTV

Terms up to 24 months

Intelligent touch underwriting; every case is considered on its merits

Quick decisions, speedy completions

Clear communication throughout the life of your finance

Inroducing...

Got a question? We have the answers

What is developer exit lending?
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Developer exit lending, commonly called a development exit loan is a short term finance option that enables a property developer to refinance, usually at a lower rate than their initial development finance facility. Development projects qualify for developer exit funding when they are wind and watertight. This funding allows developers to release equity and also save on interest payments due to a lower rate.

GDV stands for Gross development Value. It is an estimate of the open market value or rental value a property development is likely to have on completion. It is determined on the basis of current and recent similar transactions.

Roma considers development finance up to £3 million although larger loans can be considered by referral.

A refurbishment loan is a type of bridging loan, a secured borrowing available for developers and landlords looking to improve a property before selling or renting out. The finance is essentially to cover the costs of property refurbishment.

The definitions for light medium and heavy refurbishment are different for each lender. The nature of the requirements will determine which option is most appropriate. At Roma, our guidelines are as follows:

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