Somo reports surge in landlord demand for breathing space loan

By

Jade Keval - Sales Director at Somo (1)

Somo has reported a strong surge in demand for its newly launched Landlord’s Breathing Space Loan, as landlords seek short-term flexibility amid regulatory change and rising finance costs.

Early data shows more than 65% of enquiries are from landlords facing immediate refinancing pressure, with the remainder linked to compliance upgrades, refurbishments and arrears management.

The product offers up to 24 months with no monthly payments, providing landlords with time to stabilise cashflow and plan exits more strategically in the wake of the Renters’ Rights Act 2025 and higher buy-to-let borrowing costs.

To further assess landlord sentiment, Somo has partnered with Landlord Knowledge on independent research exploring how reform and funding pressures are shaping investment decisions.

The findings will be published next month and used to inform future product development and broker support.

Jade Keval, Sales Director at Somo, said:

“The level of interest has been exceptional and it tells a powerful story about what’s happening in the rental market.

Landlords aren’t rushing for the exits, they’re looking for time and flexibility while they adjust to reform, refinancing pressure and higher costs.

Breathing Space gives them exactly that: liquidity without the monthly strain, and the freedom to make strategic decisions rather than distressed ones.”

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