The latter sum represents the total issuance for the specialist mortgage lender since the group was formed under its current ownership in 2015.
The £465m deal saw significant demand from investors, which lead to the transaction being upsized from an initial sum of £325m.
- B&C roundtable: BTL lender departures, hybrid products and utopian underwriters
- Kensington Mortgages names new chief operating officer
- Kensington Mortgages joins Crystal Specialist Finance's lending panel
“The last few weeks have been very busy in the market with a number of lenders who haven’t previously used the securitisation route for funding bringing deals to the market,” said Alex Maddox, capital markets and digital director at Kensington (pictured above).
“The continued strong investor demand for Kensington’s transactions is evidence of the market’s recognition of the high-quality collateral we originate.”
Leave a comment