Loan supports ground-breaking healthcare project
The Bank has agreed a £2.9 million deal to help fund the creation of a new dementia care village in Suffolk Recognise Bank is working with the Central and Regional Estates (CARE) Healthcare Team to fund a ground-breaking new approach to dementia care. The Bank has provided an interest only three-year term commercial facility for […]
The advantages of bridge-to-term loans
Chris Stevens, Recognise Bank’s Bridging Specialist, explains reasons behind the growing popularity of bridge-to-loan facilities The advantages of bridging loans are well known among borrowers looking for speed and flexibility — especially if they’re buying at an auction or wanting to acquire a new property while still in the process of disposing of an existing […]
Recognise Bank Builds Loan Partnership with Galliard Homes
New facility has already delivered £10m in bridging finance for a range of property deals Recognise Bank has agreed a multi-million pound “loan on loan” partnership with bridging loan specialist, Reflex Bridging, which is run by property developer Galliard Homes. Under the facility, Recognise will part-fund a number of Reflex’s bridging loans, with the bank […]
We pass on Base Rate increase to all existing variable rate savers
Following the decision by the Bank of England on 3 February to increase the Base Rate from 0.25% to 0.50%, Recognise Bank passed on the full 0.25 percentage point increase to all its existing personal savings customers with variable rate accounts. Recognise also passed on the full 0.15 percentage point increase to its variable rate […]
Dean Carter appointed as Group Treasurer
Carter brings huge experience of banking and building society sector Recognise Bank has announced that Dean Carter is to become the SME bank’s Group Treasurer. Carter had been working with the Bank last year as it achieved full authorisation, launching a range of personal savings products in September 2021. He is now taking on the […]
Recognise completes £2.3m bridging loan for eco-housing
Funding allows developer to refinance and progress to next stage of the development. Recognise Bank has announced the completion of a £2.3 million bridging loan deal on an eco-housing development in Cambridgeshire. The Bank supported adviser Jason Caprioli, Lending Director at Kingswood Associates, by providing the funding for an experienced property developer. The bridging loan […]
Recognise Bank Opens New Leeds Hub
New base will be a Platform in the heart of the city’s tech cluster. Recognise Bank, one of the UK’s newest challenger banks, has opened a new regional hub in Leeds, showing its commitment to the North and reinforcing its fintech credentials. Recognise will now be based in Platform, Bruntwood SciTech’s building at the heart […]
Recognise Bank Appoints Paul Beadle as Head of Comms
Beadle will oversee the launch of new business savings and lending products. Paul Beadle has been appointed as Head of Communications for Recognise Bank, one of the UK’s newest fintech challenger banks, which launched just over a year ago to serve the country’s small business sector, as well as offering personal and business savings products. […]
Recognise Bank Partners with Rent Chief to Offer Free Property Investment and Research Tools
First lender to work with the property-tech firm, offering free tools and customer discounts. Challenger bank Recognise Bank is partnering with leading property-tech firm, Rent Chief, to offer professional landlords and property investors a range of research tools to help them identify property investment opportunities and better manage their rental portfolios. Recognise Bank is the […]
Recognise Bank appoints new MD of Commercial Banking
Ian Workman joins from Barclays, where he headed up SME banking relationships. New SME lender Recognise Bank has appointed Ian Workman as its Managing Director of Commercial Banking. Workman joins from Barclays Bank where he spent the bulk of his 30-year career in financial services, the last five years of which he was Head of […]
