The candle did
the job, until
the lightbulb was
invented.
We do Bridging differently.
Built on evolutionary thinking since its inception in 2014, SoMo, a family-owned business, pioneered the crowd funding formula that allows Borrowers and Investors to bypass the more traditional lending and investing channels and help each other through financing secured bridging loans.
Today we continually look for better ways to lend, combining commerciality with an ambition to live and lend safely and compassionately.
- One of the first and oldest crowd funded Bridging lenders in the UK
- All underlying loans secured against bricks and mortar UK property
- Zero capital losses to date*
- £12.8 Million in Interest paid to date with an average return of 11.8%*
- First to use Open Banking technology for anti-fraud
- Committed to the continuous improvement of our products and ways of working
One bright idea
after another
*Your Capital is at risk. Your loan repayment may take longer than you expect. Past performance is not necessarily a reliable indicator of future performance. A capital loss is recognised after all reasonable avenues of recovery have been exhausted.
"Slow and steady wins the race"
“We only lend on deals that we are willing to put our own money into. Our focus isn’t on volume or the size of the Loan Book, we combine a brilliant team that people genuinely love working with, good, tried and tested products with excellent returns. I’m most proud of being able to say we’ve suffered no capital losses since I started the company in 2014. My philosophy is “slow and steady wins the race”. I know SoMo will be bigger, better and still going from strength to strength in another 15 years”
-
"…a tower of support… you worked so
hard to make it happen… the bridge
was settled this afternoon and exactly
to term.Whilst I have other bridging
company contacts nothing compares
to how well we work together.”Belinda Roughton
Director
Property And Business Finance
Invoice Finance Solutions Limited
-
Invest Money
- Up to 10.8% returns PA. Interest is paid monthly*
- Zero capital losses and 100% recovery rate*
- We have lent over £140,000,000
- All underlying loans are SECURED over UK property
- Manually choose the loans or auto invest
- Active resale option
*As of 2020. Your capital is at risk and you could lose some or all of your money. Past performance is not necessarily an indicator of future performance. Your loans are not covered by the Financial Services Compensation Scheme. Capital losses are only recorded once all reasonable avenues of recovery have been exhausted.
I'm an Investor -
Borrow Money
- Rates from 0.49% per month
- Loans from £25,000 to £5,000,000
- No set criteria, all statuses considered and arranged quickly
- Property and bridging loans up to 75% LTV
- 1st and 2nd charge and Equitable Charges
- You choose the loan term and when to pay the interest
*Warning: Any property used as security is at risk of repossession if you do not keep up with your payments. If you are unsure about any aspect of the information provided by the company, you should seek advice from an independent financial adviser.
I'm a Borrower -
Brokers
- Low Rate Bridging Loans - 0.49% PCM to 75% LTV
- Valuation Only Bridging Loans - 0.6% PCM to 70% LTV
- 1st Charge Loans - 0.49% PCM to 75% LTV
- 2nd Charge Loans - 0.49% PCM to 75% LTV
- Equitable Charge Loans - 0.49% PCM to 75% LTV
- Auction Finance - 0.49% PCM to 75% LTV
*Any property used as security is at risk of repossession if you do not keep up with your payments. If you are unsure about any aspect of the information provided by the company, you should seek advice from an independent financial adviser.
I'm a Broker -
Institutions
- Unique investment access to property and bridging loans
- Banks & Hedge funds
- Institutions and Family Offices
- Zero capital losses and 100% recovery rate
- Over £140,000,000 successfully lent
- All underlying loans are SECURED over UK property
*As of 2020. Your capital is at risk and you could lose some or all of your money. Past performance is not necessarily an indicator of future performance. Your loans are not covered by the Financial Services Compensation Scheme.
I'm an institution
Stay up to date with all the latest SoMo updates, Investor news and much more.
We've got the best Second Charge product out there
We'll always look to beat ANY like-for-like offer you have on the table.
One Month Interest Free!
June is here, and so is SoMo’s exclusive Summer Saving!
Introducing... SoMo Family
SoMo has launched an exclusive new invitation-only initiative, SoMo Family.
Welcome to the SoMo website, the new home for the BridgeCrowd
We're excited to launch our new website and new name.
Introducing...
SoMo Broker Family
Club, Clan, Tribe, Network. Whatever you call it, life’s better with one. Introducing SoMo Family, invitation-only access to exclusive member benefits.
Some of the publications we have featured in.
What people say about Social Money (SoMo).
