JP Morgan returns to UK warehouse lending

By Owen Sanderson
16 Feb 2021

JP Morgan is opening warehouse lines for UK mortgage origination, ending a prolonged absence from a core part of the European securitization market for the US giant — a prohibition said to have been mandated by senior figures in the bank’s management team.

In recent weeks Enra, which made its securitization market debut last year, and LendInvest, with two term deals to its name, have announced substantial warehouse facilities for UK buy-to-let origination with the US bank — £500m for LendInvest and £250m for Enra. It also bought £125m ...

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