Somo launches early Black Friday event offering 90% off valuation costs
Specialist lending firm Somo | Bridging has announced the launch of its much-anticipated, one-day-only Black Friday 2022 event on Friday 18 November, which give borrowers a massive 90% refund on valuation costs.
Somo’s famous Black Friday event is specifically designed to give back to the borrower, support brokers in getting deals over the line and create repeat business and relationships that last. While all limited-time promotions are much anticipated by brokers, SoMo is famous for going the extra mile during Black Friday. With a massive 90% off valuation costs, this promotion always results in one of its busiest days of the year.
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.”
To qualify, deals must be locked in and paid for before midnight on Friday 18 November and valuations paid by Wednesday 30 November.
Despite the volatile economic climate, Somo has enjoyed 20% growth over the last year and has increased its team by 58% to support business growth and ensure high levels of service are maintained.