BOND.AZ - Shawbrook Bank Limited has completed a £799 million securitization of mortgage loans originated by The Mortgage Lender Limited.
The transaction, named Aldbrook Mortgage Transaction 2026-1 plc, marks Shawbrook's thirteenth securitization and the second under its Aldbrook shelf program. The bank retained approximately £719 million of Class A Notes, while around £96 million of Class B to X Notes and Residual Certificates were placed with investors.
The securitized portfolio comprises buy-to-let and owner-occupied mortgages secured against properties in England, Wales and Scotland. Shawbrook Group (LSE:SHAW) stated the transaction supports its funding strategy and capital management.
"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," said Dylan Minto, Chief Financial Officer.
Minto added that retaining the Class A Notes provides balance sheet flexibility and the company will continue to assess similar transactions aligned with its growth and capital management plans.
