Two UK buy-to-let RMBS line up

PA-UK houses
By Asad Ali
10 Apr 2018

Monday and Tuesday this week saw two UK buy-to-let RMBS announced, with Monday's Paragon 25 announcement joined on Tuesday by Tower Bridge No.2, the second outing from Belmont Green Finance.

Macquarie and NatWest Markets are arrangers and Barclays is co-manager of Tower Bridge Funding No.2.

This is the second static RMBS transaction from specialist lender Belmont Green, which operates an originate-to-securitize model under the Tower Bridge platform for its buy-to-let and specialist residential origination business.

The transaction is ...

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