Specialist bridging and development lender Somo has been shortlisted for Finance Partner of the Year at the Manchester Property Awards, a recognition that, on the surface, reads as routine industry housekeeping but in fact points to a far more significant shift in how the UK's property sector is being financed. As high-street banks continue to retreat from all but the most vanilla lending propositions, specialist finance houses like Somo have quietly become the backbone of regional development activity, particularly in fast-moving markets such as Manchester, Leeds and Birmingham where speed of execution often determines whether a scheme gets built at all.
Manchester Awards Shortlist Signals Specialist Lending's Rising Clout
Somo's Finance Partner nod at the Manchester Property Awards underscores how specialist lenders now underpin the North's development pipeline.
Topics
Manchesterspecialist lendingbridging financeproperty developmentcommercial investment
