Deals completed
Sector: Retail/Industrial/Residential
Location: South
Amount: £950,000
Product: Owner Occupied Property Loan
The Client: A successful family business supplying schools with software and hardware to deliver online teaching to pupils, as well as tailored school trip packages.
The Solution: Recognise assisted with a property purchase for the expansion of the trading business, which in turn created additional space that the client let to a tenant, creating a new income stream.
Sector: Retail – Charity Sector
Location: London
Amount: £550,000
Product: Commercial Property Loan
The Client: A property investor who stepped in to purchase a retail property, securing the tenancy for a vital specialised charity providing low cost food and home goods to the local community.
The Solution: Recognise assisted with the purchase of the property in the demanding retail sector, identifying an opportunity to help the local community by supporting a grass roots organisation.
Sector: Semi-Commercial/Retail
Location: Chester
Amount: £700,000
Product: Semi-Commercial Property Loan
The Client: A property investor supporting the local retail sector.
The Solution: Recognise provided a primarily retail based Semi-Commercial Property Loan, supporting investment in to the important local high street, a sector that many other lenders are no longer supporting.
Sector: Commercial Property
Location: Cheshire
Amount: £110,000
Product: Commercial Property Loan
The Client: A new landlord making his first commercial property purchase, which will support two successful small businesses and the local community.
The Solution: Recognise helped provide a solution by thinking ‘outside the box’ when many lenders were resistant to a first time landlord. We considered the borrower and his proposal on merit, making an informed decision rather than a ‘policy says no’ decline like other lenders.
Sector: Commercial/Industrial/Residential
Location: South-East
Amount: £440,000
The Client: A specialist supplier of plant equipment and tool hire.
The Solution: Recognise assisted with the purchase of an industrial property for the expansion of the business, providing further storage space. The site included a residential property to be let for investment purposes, forming part of the client’s wealth management strategy.
Sector: Commercial Consultancy
Location: Manchester
Amount: Undisclosed
The Client: A Structural, Civil and Geo-environmental consultancy providing engineering solutions to clients globally.
The Solution: Recognise assisted the client with a 12-month term finance facility to fund their Professional Indemnity Insurance premium. Recognise was recommended by the client’s broker, after considering a number of lenders, because of our understanding of the client’s requirements.
Sector: Health Care
Location: Leeds
Amount: £250,000
The Client: A family-owned business providing specialist elderly and dementia care.
The Solution: Recognise assisted the family-business when a high street lender pulled out of the deal. Our strong relationship management and speed of delivery were key to securing the loan.
Sector: Retail
Location: Cathedral City in the South of England
Amount: £960,000
Product: Commercial Property Loan
The Client: Highly experienced private investor.
The Solution: Recognise provided a five-year Commercial Mortgage for the purchase of a prime retail unit in a busy city location. We took into account the covenant strength of the existing tenant and re-let prospects of the property, as well as its revised rental values.
Sector: Waste Management & Recycling
Location: London
Amount: £1,900,000
The Client: Specialist in waste management and recycling.
The Solution: Recognise assisted with the refinance and equity release of a highly specialised industrial property, having won the deal from a high street lender. The deal helped the business secure its future and reinforce its commitment to providing green waste management and recycling services.
Sector: Retail
Location: North West
Amount: £175,000
Product: Commercial Property Loan
The Client: Private investor with a strong background in owning and developing roadside retail and residential sites.
The Solution: Recognise provided a Commercial Property Loan to repay an expiring bridging loan. The loan enabled the borrower to retain ownership of the profitable roadside site until it becomes vacant and is redeveloped.
Sector: Retail
Location: West Midlands
Amount: £125k
Product: Commercial Property Loan
The Client: Owner occupier coffee shop.
The Solution: Recognise supported a local business owner in purchasing the freehold of the property they were already successfully trading from. This enabled the client to own their own business premises and secure their place on a thriving high street.
Sector: Commercial
Location: Manchester
Amount: £202,000
Product: Small-Business Working Capital Loan
The Client: A professional property investor.
The Solution: Recognise helped secure a 12-month Working Capital Loan for a commercial property owner who was developing a substantial mixed-use scheme ahead of its planned sale to a national developer.
Sector: Office premises
Location: Yorkshire
Amount: £200,000
Product: Commercial Property Loan
The Client: A successful property owner looking to make his first commercial investment in a popular North Yorkshire city.
The Solution: Recognise offered a five-year Commercial Property Loan after the borrower secured change of use planning consent that allowed the property to be used as offices and a clinic.
Sector: Commercial HMO
Location: London / South East
Amount: £394k
Product: Commercial Property Loan
The Client: A property investor experienced in the HMO sector and working with local authorities.
The Solution: Recognise assisted with the acquisition of a residential property to expand the client’s existing portfolio, with the property to be used as an HMO. An initial ‘interest only’ period was provided to allow the property to be fully occupied with tenants.
Sector: Commercial Industrial
Location: London/South East
Amount: £1.17m
The Client: Landlord and specialist in Property and Construction.
The Solution: Recognise assisted with the acquisition of a large industrial site to support the expansion of the client’s business, to be used for offices and storage of materials.
Sector: Commercial Property
Location: London
Amount: £460k
Product: Commercial Property Loan
The Client: An experienced partnership purchasing a large office space in a new development as an investment.
The Solution: Recognise helped provide a Commercial Loan on an interest only basis, enabling the client to refurbish the property to their own design and specification ahead of securing tenants.
Sector: Semi-Commercial/Retail
Location: South East and North West
Amount: £4m
Product: Commercial Property Loan
The Client: An experienced investment property owner.
The Solution: Recognise provided a Commercial Property Loan that enabled the investor to expand their portfolio with the acquisition of a number of sought-after properties. To enable the deal to be completed quickly, we agreed to secure the loan against two properties the investor already owned, rather than the new purchases.
Sector: Commercial Property Acquisition
Location: Cardiff
Amount: £630,000
Product: Commercial Property Loan
The Client: A long established financial advisory company who were seeking new premises to co-locate all of their businesses which were previously operating from separate locations.
The Solution: Recognise helped provide a solution to acquire the clients’ preferred site in a short time in order to enable the clints’ business to run more efficiently. Recognise acted swiftly moving from initial enquiry to completion which was the key since there were other interested parties for this desirable commercial office.
Sector: Residential Property
Location: Manchester
Amount: £5m
Product: Professional Buy-to-Let Loan
The Client: A property Investor and entrepreneur in the residential property sector.
The Solution: Recognise Bank refinanced a residential property portfolio of over 100 properties, which was reaching the end of its previous funding arrangement. We worked closely with the client and its advisors to understand a complex set of requirements, structure an appropriate deal and deliver it in an effective and speedy manner.
Sector: Food and retail
Location: Liverpool
Amount: £300,000
Product: Commercial Real Estate Loan
The Client: A packager of food products.
The Solution: Recognise Bank helped the client with a loan to acquire a commercial property as part of a management buyout. Despite a challenging trading environment during COVID, we worked with the client to understand its historic trading performance and future growth plans, enabling us to structure a deal to meet its needs.
Sector: Retail
Location: York
Amount: £260,000
Product: Commercial Real Estate Loan
The Client: Popular local coffee shop.
The Solution: A successful coffee shop needed a commercial mortgage to acquire its own premises. By taking time to understand both its business challenges and growth opportunities, Recognise Bank was able to provide a loan and help the coffee shop secure its own premises as the second coffee shop on a bustling shopping street.
Sector: Residential
Location: Cambridge
Amount: £2.29m
Product: Bridging Loan
The Client: An experienced property entrepreneur owning a large number of successful property developments.
The Solution: Recognise assisted the client with a bridging facility to enable the first stage of the build of an environmentally friendly green multi house development. The refinance of the acquisition loan through this facility enabled the client to proceed quickly with the much needed green development.
Sector: Healthcare
Location: London
Amount: £250,000
Product: Working Capital Loan
The Client: The client are a specialist medical recruitment provider to NHS Trusts providing GPs, Surgeons, Nurses operating as Locums around the UK to fulfil the demands from the NHS.
The Solution: Recognise assisted the business quickly and efficiently with a much required working capital loan in order to support their ambitions of providing more Medical Professionals to the NHS under an agreed framework to meet the NHS requirements following lockdowns brought on by COVID-19.
Sector: Residential
Location: South East
Amount: £3m
Product: Professional Buy to Let
The Client: A family owned property investment and management business run by experienced individuals. They were looking for a supportive lender who could help them with the growth of their portfolio.
The Solution: : Recognise assisted them by refinancing their existing debt and releasing equity towards further property investments. We also supported them in negotiating an exit from their existing lender.
Sector: Semi-Commercial/Retail
Location: Central London
Amount: £950,000
Product: Commercial Real Estate Loan
The Client: A local property investor.
The Solution: Recognise provided a Commercial Real Estate Loan for investment properties whose tenants operate in the retail sector. The purpose of the loan was to refinance their existing lender and fund a modest equity release.
Sector: Commercial/Mixed use
Location: West London
Amount: Undisclosed
Product: Commercial Property Loan
The Client: A long standing and successful property investment business.
The Solution: Recognise helped the client to achieve their goals by refinancing a bridging loan following a successful extension of the mixed-use property and letting of the upper floors for short term leases.
Sector: Commercial
Location: Norfolk
Amount: £2.9m
Product: Commercial Property Loan
The Client: A property investment business.
The Solution: The client needed to raise equity to fund a site purchase via a related company. Recognise supported the client in achieving their ambitions by structuring a complex deal that involved providing a commercial mortgage which allowed for the equity raise.