UK buy to let duo hit screens following Finsbury Square

By Bill Thornhill
15 Jan 2018

Charter Court Financial Services and BlackRock's London Wall Mortgage Capital are in the market with two UK buy-to-let RMBS deals, Precise Mortgage Funding 2018-1 and Fleet 2018-01. The deals take advantage of strong demand for UK RMBS seen in last week’s Finsbury Square 2018-1.

Bank of America Merrill Lynch, Lloyds Bank and Natixis announced and marketed Charter Court’s Precise Mortgage Funding 2018-1 RMBS last week.

Initial price thoughts were announced on Monday for the sterling-denominated transaction.

The 2.9 year, AAA/---/AAA rated class ‘A’ notes are being guided at 70bp-75bp ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial