Roma Finance has launched its buy-to-let (BTL) product in Scotland, expanding its offering that is already established in England and Wales.
The new product offers loans up to £750,000 with up to 75% loan-to-value (LTV).
It covers standard BTL, portfolios, houses in multiple occupation and multi-unit freehold blocks.
Top slicing is included so an applicant’s personal income can be used if rental income does not meet affordability requirements.
Roma Finance is also bringing its revolving credit facility to Scotland, with loans up to £750,000.
The facility lets approved borrowers access a pre-agreed credit limit for property purchases, which they can draw down and repay as needed.
Sonia Mann (pictured), head of sales at Roma Finance, said: “Scotland has always been an important market for us, so it makes sense to expand our buy-to-let offering here.
“We already work closely with brokers and developers, and this launch means we can do more to support landlords and investors.
“By lending up to 75% LTV across different property types, and offering top slicing where it helps, we give brokers the ability to keep deals moving in a tricky market.”
Mann added: “It’s about practical, flexible lending from people who know the local market.”