Member Article

Roma Finance strengthen underwriting team

Roma Finance, the specialist bridging finance lender, is delighted to announce the promotion of Daniel Hill to Bridging Sales Specialist and Lorraine Hart to Senior Underwriter following a number of record months for new business.

The promotions are part of a restructuring of the underwriting team at Roma Finance to cope with increasing demand for their market-leading products which also sees Tina Parry promoted to Underwriter and Jenny Gillies to Underwriting Assistant.

Since gaining significant funding last year from The Royal Bank of Scotland, Roma has achieved a number of record months, culminating with February being their best ever for valuation fees and fundings and which also saw them complete their largest ever bridging loan of £755,000 provided for a customer to complete the sales on a finished residential development on which the development lender refused to provide further support.

Daniel Hill has worked at Roma Finance for over three years and has played a significant role in the company’s growth. He has worked in the specialist lending industry for over 10 years and has built up an extensive knowledge of the bridging sector and underwriting expertise. The new role will allow Daniel to source new business and manage those cases to completion.

With over twenty years in the finance industry, Lorraine Hart has gained a strong reputation as a highly capable underwriter and case manager. Her new role as Senior Underwriter is in recognition of her expertise and ability to handle even the most complex cases with introducers and their customers.

Commenting on his new role Daniel said: “This is an exciting time for Roma Finance and in my new role I will take on greater underwriting and case review responsibilities to help our introducers and their customers on a wide variety of applications as the property and bridging finance markets continue to develop. I look forward to continuing to provide excellent service to existing and new introducers and helping the business reach its future growth targets.”

On her new role, Lorraine commented: “I am delighted with the promotion and being able to contribute even more to the success of Roma Finance. No matter how complex the case or how many hurdles there are, I will also look at each case individually and make pragmatic underwriting decisions to see if we can lend on viable property projects such as renovations and conversions. I look forward to continuing to build close relationships with existing and new introducers as our business levels increase.”

Scott Marshall, manging director, said: “The funding from RBS gave a massive boost to business levels. The time is right for Dan’s promotion and the development of other underwriting staff in the company to take on more responsibility as business levels continue to rise. It’s imperative we maintain our renowned high quality service levels and these staff promotions will provide for this along with the capacity to cope with increasing demand.”

This was posted in Bdaily's Members' News section by Ron Bell .