Bridging lender launches month long Black Friday event
Specialist lender Somo Bridging has offered borrowers a 90% refund on valuations as part of its Black Friday 2023 event.
The lender is encouraging brokers to consider any and all deals with its offer of 90% off valuation costs running throughout November.
To qualify, deals must be locked in and paid for before midnight on November 24, and valuations paid by midnight on November 30.
“Our Black Friday promotion is always the most popular one of the year, and with the potential to make such great savings, it’s easy to see why,” commented Jade Keval (pictured), sales director at Somo. “Brokers get deals over the line and borrowers can save up to £5,000.”
According to Somo, last year’s one-day-only Black Friday event resulted in a 400% increase in deals locked in, but the lender an even bigger number this year with the promotion going for almost an entire month.
“In 2022, four times more deals were locked in over a 24-hour Black Friday period, which was rewarding, but led to a super-busy few days,” Keval added. “To ease the pressure, we’re making every day Black Friday until November 24.
“Aside from these savings, borrowers get to benefit from our market-leading valuation-only product, speedy completions, and a simple, streamlined process that’s unrivalled in the sector.”
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