Somo records strongest month on record as broker demand drives February surge

Record-breaking ‘lock-ins’ mark a 16% uplift on previous personal best

We've just recorded our strongest month for sales since launch, completing our highest ever number of lock-ins in February - a 16% uplift on our previous record - as broker demand for fast, pragmatic funding solutions continues to grow.

This milestone followed the launch of Landlord’s Breathing Space, our refinancing product designed to help landlords restructure short-term funding pressures. Despite launching only in January, the product has already gained strong traction, accounting for 12% of all enquiries within weeks of going live.

February’s performance was also supported by a broker-exclusive promotion available to brokers and intermediaries registered with Somo, reinforcing our long-standing focus on rewarding our broker community.

Our leadership team says the record month reflects both the strength of our broker relationships and the continued expansion of our product offering.

Jade Keval, Sales Director at Somo, said: “February was a fantastic month for the team and a clear reflection of the relationships we’ve built with brokers over the years, exceeding all targets and hitting a new PB. It’s also been brilliant to see the response to Landlord’s Breathing Space. Launching a new product and seeing it account for so many enquiries within weeks tells us we’ve tapped into a genuine need in the market.

“At Somo, our focus has always been on making bridging easier for brokers and their clients. As we move through 2026, we’re continuing to expand our product portfolio so that whatever the funding challenge - whether it’s bridging, refinancing, or business lending secured against property - brokers know they can come to us and find a ‘yes’.”

Looking ahead 

This record-breaking month forms part of a broader strategy for 2026, as we continue to expand our product range to support brokers across an even wider spectrum of funding scenarios.

With the launch of new products already underway and further developments planned this year, our aim is to ensure brokers can access a full suite of flexible property-backed funding solutions through a single trusted lender.

📞 0161 312 5656

📧 brokers@somo.co.uk

Find your Regional Relationship Director or explore our full range of bridging loan products.