British Business Investments has announced a £15m commitment to property finance lender, Roma Finance.
The investment is intended to help increase access to finance for smaller scale housing developers.
British Business Investments, a wholly owned commercial subsidiary of the British Business Bank, seeks to increase the supply and diversity of finance for smaller businesses by boosting the lending capacity of finance providers across the UK.
Since it was established in 2014, it has committed more than £3.0bn to providers of finance to UK smaller businesses.
British Business Investments CEO, Judith Hartley, commented: “This £15m commitment to Roma Finance supports our objectives as Roma Finance provides much needed support to the smaller housebuilding sector which has been subject to restricted access to funding in recent years.
“Supporting independent regionally based operators, such as Roma Finance, helps to diversify the finance market and provide more choice for companies across the UK, so they can access the finance they need to grow and prosper.”
The commitment will enable Roma Finance to support smaller housebuilders with funding to help with the construction of new residential homes.
Roma Finance is active in commercial to residential conversions and small to medium-sized new-build housing developments, with projects ranging from £75,000 to £3m. The lender is also committed to providing energy-efficient homes, having recently funded the first commercially available carbon-neutral properties in South Lanarkshire, Scotland.
“We’re thrilled to announce this new funding arrangement which will help us support yet more good quality smaller schemes around the country,” said Roma Finance managing director, Scott Marshall.
“British Business Investments’ goal is to make finance accessible to smaller businesses. Our visions and ideals are very much aligned, and we have close relationships with many builders and property investors.
“We’re committed to funding projects that benefit our communities and we offer fast decisions, access to our significant property expertise and a dedicated point of contact throughout the whole process, from application through to completion of the build and resale. We are very excited about this new partnership, and this will help our customers.”
Latest News
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories