"This is our 8th major issuance in less than 2 years and allows us to widen our product footprint to serve even more customers"
This brings the total issuance of notes backed by new originations since 2015 close to £2bn. The £443 million Fitch and Moody’s rated transaction is comprised of residential and buy-to-let loans.
Alex Maddox, Product and Capital Markets Director, commented: “This is a clear endorsement of The Northview Group’s strong UK franchise in sterling Residential Mortgage Backed Securities bonds, with 20 investors in the AAA bonds, including six new investors in our programme. This is great news for customers who struggle to find a mortgage on the high street and the brokers who serve them.
“This is our 8th major issuance in less than 2 years and allows us to widen our product footprint to serve even more customers, knowing there is investor demand for our assets.”