Residential Mortgage-Backed Securities May 2025

Shawbrook Bank Limited has announced the successful completion of its Aldbrook Mortgage Transaction 2025-1 plc, a £568 million securitisation of loans originated by The Mortgage Lender Limited ('TML'). The £67 million Class B to X Notes as well as the Residual Certificates were pre-placed, with Shawbrook retaining the £501 million Class A Notes. The securitised pool is comprised of predominately buy-to-let (80%) and owner-occupied (20%) loans, secured against properties in England, Wales and Scotland. The transaction will support the Group's targeted growth trajectory, capital management and funding strategy. Dylan Minto, Chief Financial Officer commented "We are delighted to have successfully completed our eleventh securitisation transaction, further reinforcing our track record as a repeat issuer into the wholesale debt markets. Retention of the Class A notes provides diversification of liquidity sources, while the transaction also delivers an attractive gain on sale to support the Group's performance. The transaction received considerable interest from investors, highlighting the strength of our portfolio and business model. Looking ahead, we remain focused on leveraging our Retail Mortgage Brands 'originate to distribute' strategy to execute transactions that enhance our financial resilience and the creation of long-term value."