Somo adds its lending criteria to Knowledge Bank

Somo has joined mortgage and specialist finance intermediary criteria search platform Knowledge Bank.

This means brokers using Knowledge Bank can now search Somo's lending criteria live, alongside other lenders across the residential, BTL, bridging and commercial markets.

Intermediaries will be able to quickly check whether a case fits Somo's classic bridging loans, second-charge loans, homeowner business loans and other specialist products, without having to trawl lending guides for every enquiry.

Jade Keval, COO at Somo (pictured above), commented: “Brokers are at the heart of everything we do, and joining Knowledge Bank is another way of making it easier for them to find us and understand where we can help.

“Having our criteria searchable in real time gives intermediaries another quick and convenient way to identify where a Somo solution could fit, particularly on more complex cases.”

Shane Chawatama, sales director at Knowledge Bank, said: “We’re delighted to welcome Somo to the Knowledge Bank platform.

“Somo has built a strong reputation among brokers for taking a flexible, common-sense approach to bridging and specialist cases, and its addition gives our users another well-regarded option when they're searching for a lender that will consider the details of a case rather than just ticking boxes.”