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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
Trusted Customer
1 year ago
Date of purchase: 07/02/2023
They have a great record and excellent customer service. Total contrast to other PtoP sites. My returns over 6 years have been excellent.
2
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GJ
Gareth Jones
1 year ago
Date of purchase: 15/07/2022
What Gareth Jones said about Somo:
Fully refunded with a goodwill gesture in the end thanks
4
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AV
Anoop Vasishta
2 years ago
Date of purchase: 16/05/2022
What Anoop Vasishta said about Somo:
Very efficient Platform & Customer focused service - Simon is always helpful in responding & resolving any queries 👍🏻
0
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Trusted Customer
2 years ago
Date of purchase: 10/05/2022
Excellent place to invest some money backed by housing loans. Been with them several years and still impressed by the service
1
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Trusted Customer
2 years ago
Date of purchase: 10/05/2022
Excellent all round. They appear to be very professional and have provided great returns. Far better than other P2P platforms that I have used.
1
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Trusted Customer
2 years ago
Date of purchase: 24/02/2022
Exceptional service. Everything explained so we can understand it and we can follow our investment and enjoy the returns.
1
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Trusted Customer
2 years ago
Date of purchase: 24/02/2022
A great business to deal with. Simon quickly solves any queries or problems. I find investing with them interesting and feel comfortable relying on their experience and expertise.
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Emily Jackson
Somo
2 years ago
Dear SoMo Investor, Thank you so much for your positive feedback and for taking the time to post this review. It's your feedback that lets us know how we’re doing and allows us to constantly improve the way we do business, one of which we're proud of. We’re so pleased to hear that you were happy with your investor experience and look forward to investing together in the future. Kind regards, the SoMo team.
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PB
Peter Barkas
2 years ago
Date of purchase: 08/03/2019
What Peter Barkas said about Somo:
Communications can be hit and miss, platform does not have approval as P2P so losses cannot be offset against profits elsewhere. Fortunately SoMo do everything else right and as a result there are no
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Emily Jackson
Somo
2 years ago
Dear SoMo Investor, Thank you for taking the time to write this review. We really appreciate the feedback and are so pleased to hear that you were happy with your investor experience. We look forward to investing together in the future. Kind regards, the SoMo team.
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EP
Eco Earth Products
2 years ago
Date of purchase: 01/06/2019
What Eco Earth Products said about Somo:
Having been with these guys for years they really are top notch at recovering defaults and have a fantastic team. I can't recommend them enough. The only issue I have is their very high 5,000 min inve
...
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Emily Jackson
Somo
2 years ago
Dear SoMo Investor, Thank you so much for your positive feedback and for taking the time to post this review. It's your feedback that lets us know how we’re doing and allows us to constantly improve the way we do business, one of which we're proud of. We’re so pleased to hear that you were happy with your investor experience and look forward to investing together in the future. Kind regards, the SoMo team.
0
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Trusted Customer
2 years ago
Date of purchase: 08/03/2019
I like communication about defaulted loans and recovery rates to date
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Emily Jackson
Somo
2 years ago
Dear SoMo Investor, Thank you for taking the time to write this review. We really appreciate the feedback and are so pleased to hear that you were happy with your investor experience. We look forward to investing together in the future. Kind regards, the SoMo team.
0
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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.