News
Recognise Bank expands commercial mortgage range with 5-year fixed product
The new product is available for commercial investment and owner-occupied properties, with loans from £250,000 to £3m up to 70% loan-to-value (LTV).
Recognise Bank
News
Recognise Bank increases residential bridging finance to 80% LTV and introduces AVMs
Luke Watson said: “We can now support up to 80% LTV on the right residential bridging opportunities, providing greater leverage and helping clients access more of the capital they need."
Bridging Finance
Recognise Bank completes £2.95m bridging loan for Shrewsbury residential conversion
The transaction was led by Luke Beirne, senior lending manager at Recognise Bank.
News
Recognise Bank achieves post-tax profit of £8.9m
The loan book grew by 51.1% during the year to £461.9m and deposits increased by 18.8% to £575.5m.
Case Studies
Recognise Bank completes £4.75m bridging loan for Scottish hotel and golf estate
The deal was led by senior lending manager Luke Beirne, supported by the wider lending and operations team.
News
Recognise Bank appoints Julian Sawyer as a non-executive director
Sawyer said: “I’m incredibly excited to be joining Simon and the board at Recognise Bank at such a pivotal time for the Bank."
Bridging Finance
Recognise Bank completes £1.07m bridging loan for care home refinance
The owners of the two care homes required a short-term facility to repay existing borrowings while raising a small amount of additional equity to support ongoing upgrades to the assets.
News
Recognise Bank declares Milton Keynes office fully operational
The bank said the new office brings together all bridging and term lending origination operations, alongside loan servicing functions under one roof.
Bridging Finance
Recognise Bank completes £1.7m bridging loan for owner-occupier industrial acquisition
The finance facility was structured over an 18-month term at 67% loan-to-value (LTV) on a serviced basis.
Case Studies
Recognise Bank completes £801k bridging loan for Liverpool redevelopment
The four-storey Victorian building was previously used as office accommodation alongside a 30-bed hostel and associated parking.
Case Studies
Recognise Bank completes £2.7m bridging loan for Manchester housing site
Recognise Bank has provided a £2.665m bridging facility to refinance a Manchester site with planning permission for 66 homes, supporting a developer's next phase of investment activity.
Specialist Finance
Recognise Bank unveils ‘The Decisive Bank’ brand positioning
Recognise Bank has launched a new brand positioning focused on delivering faster and clearer lending decisions for brokers and SME borrowers.