Sedgwick: Securitisation market ‘awash with lenders this year’

  • 13/09/2018
  • 0
Sedgwick: Securitisation market ‘awash with lenders this year’
Lenders are increasingly turning to the securitisation market for funding sources after the end of the Term Funding Scheme (TFS).


Speaking at the Financial Services Expo, Keystone Property Finance CEO David Whittaker suggested the end of the Bank of England’s TFS could result in funding costs rising for lenders and a corresponding increase in interest rates.

However, Vida Homeloans director of sales – mortgages Louisa Sedgwick (pictured) queried whether this would be the case as more lenders were choosing the securitisation route.

“We work within the securitisation market and this time last year when we were looking to securitise a book we were one of very few lenders who sat in that market,” she said.

“But as Funding for Lending [and TFS] has ended and lenders are looking to fund in different ways the securitisation market is awash with lenders this year.

“By comparison to last year we’re starting to see different funding which means that money might be potentially cheaper and washing around more readily.

“So what effect that might have on interest rates in general is probably yet to be seen,” she added.


There are 0 Comment(s)

You may also be interested in


Keep up-to-date with all the breaking bridging and short-term lending news and analysis, from regulatory changes to product innovation and inside market knowledge. Take a look at our broker and lender case studies showing short-term finance in practice.


Find all the news, opinion and analysis for property finance brokers specialising in commercial and semi-commercial mortgages, alternative and development finance for commercial investments in residential projects.

Second charge

Stay up-to-date with the latest news, analysis and opinion on the secured loan market as it evolves into a mainstream finance option following European regulation on 21 March 2016.

Complex buy-to-let

Whether it’s a complicated asset or a complex customer, you’ll find out all the breaking buy-to-let news in this section. From limited companies to portfolio landlords, student lets to a House in Multiple Occupation, we’ve got all bases covered with our up-to-the-minute news, analysis and opinion.

Mortgage Solutions

Find all the breaking news, analysis and industry comment on Specialist Lending Solutions' sister site, Mortgage Solutions

Read previous post:
Jupp: BDMs should not be offering ‘backdoor’ tax advice

Buy-to-let lenders have been warned that they could get into hot water by their business development managers (BDMs) offering tax...