Residential Mortgage-Backed Securities May 2026

Shawbrook Bank Limited has announced the successful completion of its Aldbrook Mortgage Transaction 2026-1 plc, a c.£799 million securitisation of mortgage loans originated by The Mortgage Lender Limited ('TML'). The transaction is the second under the Aldbrook shelf and Shawbrook's thirteenth securitisation to date. The c.£96 million of Class B to X Notes, together with the Residual Certificates, were pre-placed with investors, while Shawbrook retained the c.£719 million Class A Notes. The securitised portfolio comprises a mix of buy-to-let and owner-occupied mortgages 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 "Aldbrook 2026-1 is our thirteenth securitisation and reflects our routine access to wholesale markets to support diversification of the Group's funding base and strengthen our liquidity and capital position. The transaction evidences the continued scaling of our originate-to-distribute platform and continued investor demand for our paper. Retaining the Class A Notes provides balance sheet flexibility, and we will continue to assess transactions of this type where consistent with our growth and capital management plans."