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Somo Reviews

https://www.somo.co.uk/

Welcome to Somo, we specialise in bridging finance secured over UK property.

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ratings over the past year

Displaying all 302 reviews
MI
Michael
Cambridge
1 year ago
Date of purchase: 21/07/2023
What Michael said about Somo:
Over 90% of my loans have repaid without an issue. When loan repayments are delayed SoMo manages the loan repayment both efficiently and effectively. Very impressed with their (100% repayment) track r
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Trusted Customer
1 year ago
Date of purchase: 21/07/2023
i really like Somo. Good rates, good service, good communication. What more can one ask for?!
1
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Trusted Customer
1 year ago
Date of purchase: 21/07/2023
They support lenders when borrowers default. They keep lenders informed.
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JB
John Jeffrey Baskin
1 year ago
Date of purchase: 21/07/2023
What John Jeffrey Baskin said about Somo:
Their website and service were always very good, making it easy to switch throgh several accounts from one page, but now they have listened to our suggestions and have started numbering each loan, whi
...
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AV
Anoop Vasishta
1 year ago
Date of purchase: 21/07/2023
What Anoop Vasishta said about Somo:
Responsive Customer Service
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RP
Roy Perkins
Nottingham
1 year ago
Date of purchase: 21/07/2023
What Roy Perkins said about Somo:
Very pleased with investing with SOMO. Interest is paid first day every month and a regular update is made in instances of where a borrower is struggling to repay, repaid early or is in default. I fee
...
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BG
Brian Gray
LONDON
1 year ago
Date of purchase: 21/07/2023
What Brian Gray said about Somo:
As a lender I've found SoMo to be very effective ... of course it's not risk free ... but I've found the way in which they manage loans in default and the way that they communicate to be excellent. I
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SH
Stephen Hunter
1 year ago
Date of purchase: 21/07/2023
What Stephen Hunter said about Somo:
I've been investing with Somo/TheBridgeCrowd since 2017. Despite the economic shocks over that period, I've received consistently excellent returns and haven't lost any capital even on some loans with
...
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KA
Karen
1 year ago
Date of purchase: 21/07/2023
What Karen said about Somo:
I am seasoned investor and have been investing with SoMo for many, many years. SoMo are, by far, the best P2P or crowdfunding investment platform in the UK. They demonstrate a tenacity to get money
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HE
Henry
Ascot
1 year ago
Date of purchase: 07/02/2023
What Henry said about Somo:
I have lent to many different borrowers on the Somo P2P platform since 2016. I have also lent money on many other P2P platforms, most have disappointed, others have behaved fraudulently or simply clos
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About Somo
Somo brings together Investors and Borrowers to provide secured loans over UK property. Our team have been lending and processing bridging loans for over 2 generations of family lenders. We have a combined experience of over 250 years in property lending. Our backgrounds range from accountancy, finance, insolvency practitioners, the legal profession (barristers and solicitors) and loan underwriting We believe that our experience has taught us the loans to enter into and the loans to turn down. Importantly we appreciate the loan-to-value criteria for different styles of properties as well as when to allow a loan extension and when to repossess. We have developed extensive due diligence processes and procedures with excellent fraud prevention systems.
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0161 312 5656
St. John's House, Barrington Road, Altrincham, Manchester, Lancashire, WA14 1JY, United Kingdom
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About Somo
Somo brings together Investors and Borrowers to provide secured loans over UK property. Our team have been lending and processing bridging loans for over 2 generations of family lenders. We have a combined experience of over 250 years in property lending. Our backgrounds range from accountancy, finance, insolvency practitioners, the legal profession (barristers and solicitors) and loan underwriting We believe that our experience has taught us the loans to enter into and the loans to turn down. Importantly we appreciate the loan-to-value criteria for different styles of properties as well as when to allow a loan extension and when to repossess. We have developed extensive due diligence processes and procedures with excellent fraud prevention systems.