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Another record month for Recognise Bank

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Recognise Bank has announced yet another strong month, with £27 million lent via bridging loans alone. The lender has also shared a flawless 100% broker satisfaction rate, along with a Net Promoter Score (NPS) of 84 according to this year's post-completion surveys.

This record lending amount comes just weeks following on from a strong first financial quarter which saw over £40 million in bridging lent to a variety of UK based property companies and investors. “Bridging remains a key product for Recognise Bank and we’re delighted with the positive response we have received from our partners and customers,” said James Meigh, director of lending at Recognise. “I’m particularly proud of the speed in which we can respond to enquiries and facilitate requests, with many complex deals in the last month being completed within just two weeks," he added.

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