"We’ve listened to our broker partners and customers and put in place practical, meaningful improvements, backed by trusted legal partners and a commitment to delivering value at every stage"
- Michael Allison - Roma Finance
Roma Finance has announced that it has launched dual representation across its bridging and term loan products, aiming to streamline legal processes, reduce delays, and lower costs for brokers and borrowers. The offering applies to the lender’s FLOW and PRO product ranges for single-bullet bridging and term loans of up to £1m.
To deliver this service, Roma has partnered with legal firms Insight Law, JQ Law, McHale & Co, and TLT LLP. Dual representation allows both the lender and borrower to use the same solicitor, removing a frequent source of friction in loan completions.
The change is part of a wider initiative to improve the end-to-end experience for Roma customers by refining legal procedures and accelerating deal times.
As part of the legal process overhaul, Roma is also offering a 10% discount on Independent Legal Advice (ILA) services. This optional support is intended to further reduce borrower costs while maintaining legal compliance and transparency, especially for personal guarantees and other regulated components of loan agreements. A dedicated booking platform has also been introduced to help borrowers access ILA services efficiently.
“Introducing dual representation is a crucial step in our mission to simplify the borrower journey," said Michael Allison, commercial director at Roma Finance (pictured). "We’ve listened to our broker partners and customers and put in place practical, meaningful improvements, backed by trusted legal partners and a commitment to delivering value at every stage.”
He continued, “With the addition of discounted ILA support, our bridging and term legal processes are now faster, clearer and more cost-effective than ever, helping more deals complete smoothly.”
The changes reflect Roma’s ongoing efforts to support intermediaries and borrowers through more efficient lending options, while maintaining competitive pricing and service quality.
