Roma Finance has completed a £1.3m buy-to-let refinance facility within six days, addressing a time-sensitive requirement for borrowers facing penalty charges on an existing development exit loan.
The facility covered two investment properties in Bedford: an 11-bedroom multi-unit freehold block, previously a doctor’s surgery converted to residential accommodation, and a detached single-family home let on an assured shorthold tenancy.
Transaction structure
The refinance consolidated borrowing across both assets under a new buy-to-let structure. According to Adam Evans, senior underwriter at Roma Finance, the borrowers held a strong asset-backed position with moderate leverage and a defined exit strategy through conventional buy-to-let refinancing.
An automated valuation model was used during the underwriting process to maintain transaction speed. The case was introduced to senior business development manager George Tuffin, with underwriting led by Evans.
Market context
The transaction comes as landlords face increasing regulatory pressures under new enforcement powers, and as demand for alternative finance solutions continues among property investors seeking to avoid penalty charges or meet urgent refinancing deadlines.
Evans stated: “The borrowers were in a strong asset-backed position with reasonable leverage and had a clear, credible BTL refinance exit, which enabled us to move quickly and confidently.”
Tuffin noted that the introducer relationship facilitated the rapid completion, citing clear communication and thorough documentation as factors in the six-day timeframe.
The case represents a growing segment of bridging finance activity where borrowers require short-term solutions to avoid penalties while arranging longer-term buy-to-let financing on investment portfolios.
