Discover how Somo refinanced a £570,000 defaulted bridging loan with a second-charge facility at 62% LTV, secured on a £2.5m Brighton buy-to-let. Despite the existing loan being in default and accruing default interest, strong security, clean credit, a clear sale exit and additional borrower funds enabled completion at a market-leading 0.87% per month, repaying the previous lender in full and moving the client onto a stable 12-month term.

Specialist property finance lender Somo has announced the appointment of Lyam Denney as Relationship Director for London, further strengthening its commitment to brokers in the capital and expanding its London-based relationship team to three.

As we step into 2026, we wanted to ensure you didn't miss our 2025 recap, brought to you in a video exclusive over the Christmas period, so here’s another snapshot of the success we achieved together in 2025.

Relationship Director, Ben Rose, discusses how Somo supports clients facing adverse credit with flexible, judgment-free bridging loans. Learn about our Lifeline Loan, designed for complex cases, insolvency, and debt restructuring. Fast decisions, dedicated support, and real solutions when traditional lenders say no.

Overview We’re passionate about helping people find a way forward with their business ventures, especially when the financial situation is complicated. In this recent case, a couple came to us facing serious business debt. By working closely with them and using our unique Valuation Only™ bridging loan, we were able to provide the support they needed to get back on track. The Client’s Challenge A married couple running their own business in Manchester approached us with severa

Summary Somo, the specialist UK bridging lender, welcomes the Bank of England’s 0.25% base rate reduction and has confirmed competitive rate reductions across its key first and second charge products. The adjustment is designed to support landlords, buy-to-let investors and UK businesses in accessing quick, affordable short-term funding at a time when certainty and cost control are critical. Following the BoE’s decision to lower the base rate to 3.75%, Somo has reduced its br

Discover how Somo made bridging loans simpler in 2025 by cutting rates, launching new products and supporting brokers with award-winning service, record growth, and a renewed commitment to making bridging easier in 2026.

Discover why 2026 is set to be a breakthrough year for second charge bridging loans. Explore market trends, borrower benefits, and expert predictions from Somo.

In a world where automation and AI are reshaping finance, you could be forgiven for thinking that technology has all the answers. From instant decisions to algorithmic lending, many areas of the market are racing to remove people from the process. But in bridging, success still comes down to human relationships. Every case is different, every borrower story unique and no amount of automation can replace the experience, creativity and collaboration that brokers and lenders bri

Worried AI will replace brokers? Steve Dolmor from Somo explains why tech supports people, not replaces them. Relationships and trust still win deals.

Discover why sophisticated investors are adding property-backed lending to their 2025 portfolios. Loans are backed by UK brick and mortar, returns can often be higher than traditional bonds and Somo have had zero capital losses to date.

Somo has been shortlisted for three prestigious titles at this year’s NACFB Commercial Lender Awards.

Jaime-Leigh Johnson, Relationship Director for Somo’s direct-to-borrower bridging business. Whether you’re navigating a straightforward transaction or tackling a complex scenario, Jaime is here to help you every step of the way and no question is too basic or too intricate.

Speed matters in bridging finance, but brokers who invest time understanding clients, anticipating challenges, and building relationships create lasting value. I's a holistic approach - combining speed with insight to build trust that deliver sustainable, lasting relationships between brokers and clients. This blog is inspired by a recently published article in the NACFB Commercial Broker Magazine, of which Somo is a Patron Lender of.

"Landlords and investors are now contributing far more stamp duty than before. With another budget weeks away, there is real uncertainty about what comes next for their increasingly eroding yields."

TL;DR: Rising interest rates and tight lending criteria are creating funding challenges for UK property investors and developers. Somo's business bridging finance offers fast, flexible short-term loans (1-24 months) for refurbishment, development and refinancing - with decisions based on asset value, not the borrower’s credit file. Ideal for auction purchases, commercial conversions, and time-sensitive opportunities across the UK. Table of Contents The Remortgaging Wave and R

Somo, the award-winning bridging lender, has announced a Free Valuations promotion running throughout October 2025, offering brokers and borrowers the opportunity to save up to £5,000 on valuation fees.

As investors reviewing the property-backed lending landscape, you may already have noticed the rising prominence for second-charge bridging finance, particularly as we move into 2026. At Somo, we see this shift first-hand. Read our Director of Investor Relations perspective on the common misconceptions around second-charge loans - and why the latest numbers suggest they’re becoming an increasingly important part of the market.

New to bridging finance? Somo’s Phoebe Shaw explains what bridging loans are, who they’re for, and why brokers should see them as a flexible problem-solving tool.

Louis Alexander, chief executive of Somo, discusses how property-backed private lending has shown resilience during global market turbulence, consistently delivering higher, stable returns compared to equities and traditional lending. In the UK, Somo demonstrates how private credit is emerging as a reliable, high-growth investment strategy, offering security, diversification, and long-term performance for sophisticated investors.