Deals completed - Recognise Bank – Production
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
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.
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
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.
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
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
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.
Location: Cathedral City in the South of England
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
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.
Location: North West
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.
Location: West Midlands
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.
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
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
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
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
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.
Location: South East and North West
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
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.