View more on these topics

Roma Finance boosts sales and underwriting teams

Bridging and development lender Roma Finance has doubled its BDM and underwriting teams with a wave of new appointments.

The lender says this is in response to a significant increase in lending levels this year.

New appointments include Tom Hill, Sohail Akram and Will Sterio, who are all have the role of business development manager.

Hill has seven years’ experience as a bridging and commercial packager, and joins from Y3S, where he was head of bridging finance.

Akram has worked in the finance and banking sector for over 10 years, including roles at Natwest and HSBC. Sterio has worked for seven years in the banking and peer-to-peer lending sector.

In addition, Rachel Pollock and George Tuffin join the company as bridging specialists.

Internal promotions have also taken place with Simon Micklethwaite becoming a senior BDM and Daniel Hill promoted to divisional sales manager.

Roma Finance says it has seen an 80 per cent increase in lending in the first half of 2018, and has introduced new systems to process this volume of business.

Roma Finance head of sales, Tracey Martin says: “These appointments put the business in a good position to move forward with new products and sales initiatives.”

Recommended

Knowledge Bank expands criteria with commercial and bridging loans

Criteria sourcing provider Knowledge Bank has expanded its offering to include two new lending types to its system: bridging and commercial. This adds over 9,000 new criteria to the system, bringing the total criteria to over 70,000. Today’s announcement follows a six-month trial period with Connect for Intermediaries, in which time Connect’s brokers performed in […]

lifetime lease purchases
2

What is a lifetime lease purchase?

Lifetime lease purchase deals involve raising finance but not on current properties. Rather, they are taken out when consumers move home. They are called lifetime lease schemes. Although not identical to sell-and-rent-back options, they are unregulated too. Lifetime leases are designed for clients who want to move but either cannot afford to or don’t want […]

Newsletter

News and expert analysis straight to your inbox

Sign up