Roma Finance has reported a record month of redemptions for volume and value in December, attaining 165% of expected redemptions.
The lender said it achieved multiple record-breaking months across new business, loan book growth and redemptions through 2023.
Redemption exits have been a mixture of refinances and sales, with a trend towards refinance as more landlords grow their portfolios.
Roma says continues to experience record-breaking periods of enquiries and completions and starting 2024 it has its highest ever pipeline in both volume and value with demand for its bridging and development products.
Deborah Chaplain (pictured), Roma’s head of collections said: “I am delighted with this achievement, the result of our robust engagement strategy which has proved highly successful. The customer service and collections team build relationships with all borrowers from the day of funding.
“We support them and are highly transparent. This means that so many of our borrowers and partners work with us time and again. We love to lend and we love to lend again.”