Redwood Bank

Redwood Bank launched in 2017 with a focused purpose: serving British businesses looking for savings products and property-related finance. The institution describes itself as a specialist bank, with offices in Letchworth Garden City and Warrington, and a model that pairs digital systems with an individual assessment of each lending proposal.

Its savings lineup includes business accounts with different notice periods, one- and two-year bonds, and accounts for charities. That structure lets a company or organization compare how long it can leave funds on deposit and how much flexibility it needs. Rates, minimums, and terms vary by product and should be checked in the current account details before applying.

The other main line is property-backed lending. Redwood offers commercial mortgages for investors, professional landlords, and businesses buying, refinancing, or developing residential, semi-commercial, and commercial property. It also provides bridging finance and products for business owners who occupy their own premises. Each application is assessed against the proposed transaction and property, so approval and terms are not automatic.

Intermediaries play an important role in sourcing the bank’s mortgages: Redwood has a team for brokers and materials to help assess transactions. For businesses comparing lenders, the proposition centers on manual underwriting and decisions tailored to the case rather than a single formula for every property or borrower.

The bank’s history helps put its scale in context. In its 2025 performance summary, it reported a fifth consecutive year of profitability, £91 million in new lending that year, and more than £850 million lent since 2017. These figures come from the bank’s own report and describe recent activity; they are not a promise of approval or future returns.

Redwood Bank is not a retail branch for personal banking; it focuses on businesses, organizations, and professional property finance. It is headquartered in Letchworth Garden City, while inquiries and applications are handled by phone, online, and through specialist teams. When comparing an offer, review the term, security, fees, and eligibility criteria.

The specialist approach may appeal to organizations that need to separate day-to-day banking from reserve management or a property transaction. The right fit depends on how long funds can remain on deposit or on the property and loan involved; the bank’s public information helps identify those product lines before a conversation begins.