Budding bakers from around the industry are tying up their apron strings and getting their ingredients ready as they prepare to do battle again in Precise Mortgage’s bake challenge.

Now in its third year, the specialist lender’s Great Special-iced Bake 2021 competition will see more than a dozen corporate account teams rising to the occasion over the next fortnight as they try to impress with their show-stopping creations based on a specialist lending theme.

Entrants will upload pictures of their cakes to LinkedIn where the total number of reactions they receive will decide who receives the coveted Bake 2021 Champion title.

The winning team will receive a £1,000 donation to a charity of their choice, while Precise Mortgages will also donate £1,000 to their chosen charity, CALM.

Liza Campion, Precise Mortgages’ head of corporate accounts, said: “The standard of entries in previous years has been breathtaking and we’ve been amazed by some of the very imaginative cakes that have been entered.

“It’s always great to see teams really throwing themselves into it. It’s competitive, but it’s good fun and it seems as though everyone’s raring to go and put their skills to the test.

“Sadly we can’t go around and taste the cakes this year for obvious reasons, which is why we’re asking people to vote for their favourite on LinkedIn. You can follow all the fun and see who’s the best of the batch by following #TheGreatSpecialicedBake2021.”

Sam Gray, provider relationship manager at last year’s champions Tenet, added: “We had so much fun taking part last time that we’re looking forward to entering again this year.

“It was a real team effort and we can’t wait to defend our title and hopefully whip up another showstopper.”