When it comes to bridging finance, brokers need fast, honest answers they can trust. At Recognise Bank, we pride ourselves on building strong relationships grounded in transparency, speed and practical solutions.
Here are five frequently asked questions we hear from brokers, along with clear responses that reflect how we work and what we stand for.
1. How quickly can Recognise Bank provide Heads of Terms ?
Speed matters. That’s why we’ve streamlined our approach to get brokers the answers they need fast.
- Heads of Terms issued same working day – Based on a deal summary, we aim to provide a Heads of Terms within the same working day.
- Formal offer within 48 hours – Once we receive a full application pack, our team works to deliver a credit-backed offer within 48 hours and at no cost to the client.
- Direct access to underwriters – Recognise Bank lending managers have direct access to its underwriters that streamlines the process and eliminates bottlenecks for faster turnaround.
2. What types of clients and scenarios are a good fit for Recognise Bank?
- SMEs, landlords, and property investors.
- We lend against residential , commercial and semi-commercial assets, as well as land with or without planning.
- We also assist on light refurbishment projects designed to support value-add opportunities.
3. Can Recognise support complex or time-sensitive applications?
- Our Lending team are highly experienced and understand the nuances of bridging finance. They are always willing to assist in tailoring elegant solutions for both simple and complex requirements.
- We assist in shaping realistic and effective exit strategies.
- We work closely with valuers and legal teams to facilitate swift completions and accept readdressed valuations where appropriate.
- Our panel of Valuers can quickly deliver to support efficient decision-making.
- We will utilise Title Insurance where appropriate to help accelerate completion timelines.
4. What level of communication and transparency can brokers expect?
We believe in clear, consistent communication every step of the way.
- To ensure we offer the highest level of service, Brokers will have direct access to a dedicated Lending Manager through to offer and a dedicated Operations Manager through to completion.
- Proactive updates throughout, not just at key milestones.
- We’ll tell you what’s happening, even if there is a delay.
5. How does Recognise support brokers beyond the transaction?
- We actively seek regular broker feedback, which helps shape our product roadmap and future enhancements.
- We will pay brokers procuration fees when they introduce a new loan, and for any future loan extensions.
- We’re easy to reach and always open to a conversation.
- And we value face-to-face relationships. We’re keen to meet brokers in person, because real partnerships are built on trust and connection.
Read more about our recently completed deals and how we’ve helped brokers and clients build stronger futures with our bespoke lending solutions here: Success Stories | Recognise Bank.
Want to learn more or talk through a deal? Get in touch with us at [email protected].
