Specialist bridging lender, Somo, is bringing back its free legals promotion for the month of May.
Until 30th May, brokers can lock in a deal with Somo and receive up to £2,000 towards lender legal fees.
Last year’s promotion drove an 82% increase in locked-in deals, and the surge in demand saw Somo commit to covering over £112,000 in legal fees on behalf of borrowers.
Jade Keval (pictured), sales director at Somo, commented: “Last year’s free legals promotion was a huge success – we saw an 82% uplift in locked-in deals and committed to covering over £100,000 in borrower legal fees.
“It proved to be a real game-changer for brokers, helping get more deals over the line and giving borrowers meaningful savings at a time when cutting costs really mattered – and these savings are just as relevant, if not more so, today!
“This May, we’re bringing it back and hoping to go even further. With up to £2,000 in lender legal fees covered, we expect another huge response – and we’re ready for it. It’s a great opportunity for brokers to stand out and deliver added value to their clients.”
