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Somo brings back its biggest-ever offer

  • Writer: Emily Jackson
    Emily Jackson
  • May 8
  • 2 min read

Somo is bringing back its standout Black Friday promotion for one month only this May, following overwhelming demand and broker feedback from last year’s campaign.


Running from Tuesday 5th May to midnight Friday 29th May 2026, the offer gives brokers and their clients the flexibility to choose where they save the most:


Up to £4,000 refunded on valuation fees OR up to £4,000 refunded on lender legal fees - paid back on completion.


The original Black Friday campaign proved to be one of Somo’s most successful to date, driving a significant uplift in activity and reinforcing the lender’s reputation for putting brokers and borrowers first with Somo committing to pay £302,915 of borrowers' fees during last year's promotion.




Somo momentum

At a time when speed, flexibility and cost control are critical, Somo’s May promotion is deliberately simple: give brokers a choice that helps unlock deals.

Whether it’s reducing upfront costs or keeping momentum on time-sensitive transactions, the offer sits squarely within Somo’s broader proposition – making bridging easier through smart, practical solutions.


Daniel Hobbs, CEO of New Leaf Distribution, commented:

"Having the option to choose where the saving mattered most was a big win for my client. We went with free legals, which took the pressure off and kept things moving."



A track record of delivery

Somo’s approach combines speed, experience and a willingness to look at cases differently:

  • Any business purpose 

  • Decisions in as little as 30 minutes

  • Smart use of AVMs and desktop valuations to avoid unnecessary delays

  • Lending based on Open Market Value, not restrictive time-based valuations



Real deals. Real impact.

A recent Black Friday case highlights how the right saving at the right time can make all the difference:


A broker working on a time-sensitive buy-to-let purchase in North West London needed to keep costs down and momentum high. By opting for free legals, the borrower saved over £1,300, helping secure a £198,750 first charge bridging loan at 75% LTV under Somo Prime -  and complete in time to secure the asset.


Jade Keval, Sales Director at Somo, said:

"Last year’s Black Friday promotion showed us just how valuable flexibility is for brokers and their clients. Every deal is different so giving people the choice to save where it matters most can be the difference between a deal progressing or falling away.


Bringing this back for May is about listening to our brokers and doubling down on what works. It’s another example of how we’re always looking for ways to make bridging easier, more accessible and more practical in the real world."



One month only

The promotion is available on eligible deals locked in between 5th May and 29th May 2026, with refunds of up to £4,000 on either valuation or lender legal fees, paid on completion.

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.

Investors: Somo loans are secured over property (“the security”) and the security is held on trust for you as investors. The loans that you make are not regulated by the FCA . Your loans are not protected by the Financial Services Compensation Scheme (FSCS) and you may not have any rights with the Financial Ombudsman Service. All your capital and uncredited interest is at risk. Past performance is not a reliable indicator of future results. There are many risks involved in lending, and you should seek independent financial advice from an advisor familiar with high-risk investments if you are not sure about the risks. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you are unlikely to be protected if something goes wrong. Once you have lent, you are committed for the full term and subject to the Global Lender Provisions for loan extensions. Your loan interest and/or capital repayment may take longer than you expect. A capital loss is recognised after all reasonable avenues of loan recovery have been exhausted. Property values may go up or down. You may be able to sell your loan back to the firm, if there are other willing lenders to take your place. You should not rely on the ability to re-sell the loan and you may have to sell it at a discount if you need liquidity quickly. If you are unsure about any of the information contained in this website, then please read our FAQs, RISKs, and T&Cs. Tax treatment of any of the loans will depend on the individual circumstances of each lender and may be subject to change in the future. You are liable for your own tax and may wish to consult with a tax/legal adviser for specific advice. Terms apply.

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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