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Free Legals this May

  • Writer: Emily Jackson
    Emily Jackson
  • May 1, 2025
  • 2 min read

Free Legals this May.

Don't miss out on last year's most popular promotion. Lock-in a deal with Somo this May and we'll pay your lender legal fees up to £2,000*.


Why make bridging difficult? We pride ourselves on lending to borrowers who may not fit the standard lending criteria. And, this month we're going one step further to remove potential roadblocks in borrowing, by covering your clients lender legal fees!


Promotion runs 6th-30th May 2025.


Plus, all the usual features and benefits that come as standard when working with Somo:

  • Any Business Purpose.

  • Open Market Value. We lend based on your property’s Open Market Value, not restrictive 180 or 90-day values.

  • Flexible Products. We cater to all client circumstances.

  • Equitable Charge Loans. We offer lending even when consent has been refused by the first charge lender.

  • Director’s Main Residence. We’ll lend against a director’s residence in their personal name. 

  • Specialist Second Charge Team. The market leaders with dedicated in-house consent department.

  • No application forms. Paperless until completion, with just a simple 18-point checklist required for us to provide an offer.

  • 1-hour Offer. We can provide you an approved offer within 1 hour of enquiring with us.

  • Direct Access to an Underwriter. From the day your case “locks in”, you’ll have direct access to one of our expert Underwriters. 

  • 360Promise. Somo looks at every loan independently and from every angle.



Got a case? Get in touch with our team today:



TERMS AND CONDITIONS

VAT included. Up to £2,000 refund on Lender Legal fees, refunded upon full repayment of the loan. To qualify for the offer, 'Lock-in' fee must be paid between Tuesday 6th May and midnight Friday 30th May 2025. The loan must complete within 6 weeks of the date the Lock-in fee is paid, regardless of when the Valuation fee is paid to qualify. Legal fee refund will be paid only upon full repayment of the loan, provided that all payments have been made on time.

Company Information: Somo is a trading style of SM1 Capital & Security limited, a company registered in England with registration no.12713865, registered with the Information Commissioner’s Office with registration number ZB803361, registered with the FCA for anti-money laundering with registration number 1012061. Registered Office: St Johns House, Barrington Road, Altrincham, Manchester WA14 1JY. The Somo business is unregulated for both borrowers and investors.

Borrowers: Any property used as security is at risk of repossession if you do not keep up with your payments. Somo’s bridging loans are unregulated. If you are unsure about any aspect of the information provided by the company, you should seek advice from an independent financial adviser familiar with bridging loans. Terms apply.

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