Post-Brexit clarity lets European accounts dive into UK RMBS

By Tom Brown
25 Jan 2021

A flood of European accounts entering the sterling market helped boost the UK RMBS market to levels not seen since 2018, with debut issuer Lendco push Atlas Funding 2021-1 at the tightest pricing seen for an inaugural buy-to-let deal since 2008.

Lendco, a specialist UK mortgage lender led by former GMAC-RFC boss Simon Knight, has been monitoring securitization markets since the Covid crisis first struck, hoping to get its debut deal away at the most attractive levels possible. 

The wait paid off with the execution of Atlas Funding 2021-1 on ...

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