US capital ‘travelling across the pond’ to UK BTL issuers

Warehouse terms and costs of financing are improving for buy-to-let lenders looking to tap into the securitization market for funding. Issuers say clouds are clearing for the UK housing sector in 2021, prompting overseas interest in these assets.
“We're seeing relatively good price tension as a result of US capital travelling across the pond, and even some European mezzanine sizing up the UK as a hunting ground in a post-Brexit environment,” said Hugo Davies, head of capital markets at LendInvest. “Given where senior spreads and attachment
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