Recognise Bank has provided a £1.825m bridge-to-term facility to support an experienced London landlord with a time-sensitive property acquisition.

The funding was structured as a 12-month bridging loan, with the lender agreeing from the outset to transition the facility onto a buy-to-let term loan at the end of the initial period. The deal completed at 70% LTV.

The transaction was introduced by Matthew Martin, co-founder and director at Align Property Finance Limited, and enabled the borrower to move quickly to secure their next acquisition while maintaining certainty over longer-term funding.

Recognise Bank, which was established to deliver lending and savings solutions tailored to small and medium-sized businesses, said the case demonstrated its ability to combine short-term flexibility with longer-term stability for property investors.

Paul Bagan (pictured), senior lending manager at Recognise Bank, said: “By providing a term solution after agreeing the bridging finance, we could provide the experienced borrower with certainty and confidence.

“This case highlights our ability to provide creative and flexible solutions to SMEs and property investors.”

Martin added: “I’ve known Paul for several years and we have quickly struck up a great working relationship since Align started.

“I’ve been extremely impressed by the team at Recognise and by their ability to find creative solutions as and when required.”