Somo to offer 90% off valuation costs in Black Friday event

Somo Bridging has announced the launch of a one-day-only Black Friday 2022 event on Friday 18 November, which give borrowers a 90% refund on valuation costs.

To qualify, deals must be locked in and paid for before midnight on Friday 18 November and valuations paid by Wednesday 30 November.

Somo’s sales director, Jade Keval, said: “We understand the broker–borrower relationship and how flash discounts like this can both help brokers and galvanise the market. Our Black Friday event is one of many promotions we use to support brokers, but this one is always our most popular! Last year, we locked in a record number of deals within a 24-hour window, without compromising the high-quality client service of Somo, which is always our top priority.

“Somo is renowned for creating promotions that put borrowers at the centre. In addition, we’re fast becoming known for being a lender that gets the deal done. We complete so much more than our competitors - 21% on average – and this has formed the basis of a whole new proposition – ‘The Lender That Completes’.

“We have a great relationship with our brokers and will continue to provide support during these challenging times with market-leading offers like this.”