The lender said that the RMBS transaction, which is Together Asset Backed Securitisation 2024 – 1ST2 PLC (TABS12), is supported by a portfolio of first charge owner-occupied and buy-to-let (BTL) loans secured against residential property in England, Scotland and Wales.

It also refinances assets that are part of its £1.25bn Charles Street facility and some of the group’s senior secured notes.

The RMBS facility complements the group’s existing seven public residential and four commercial mortgage-backed securities, six private securitisation facilities, senior secured notes and banking syndicate facility.

Lloyds acted as arrangers and joint lead managers, accompanied by Natixis and Santander as joint lead managers.

Mike McTighe, chair of Together, said: “We are delighted to announce the successful pricing of our third RMBS this year as we continue to support more residential owner-occupier and buy-to-let customers in realising their ambitions.”

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Gary Beckett, group managing director and chief treasury officer at Together, added: “Since the start of this calendar year, we have successfully raised or refinanced over £2.2bn across six transactions.

“As we continue to strengthen and diversify our funding, this highlights the strength of our business model, quality of our loan book and strong ongoing support from our investors.”

In August, Together upsized its Delta Asset Backed Securitisation (DABS) 2 Limited facility from £400m to £600m.

At the time, the company said that it had raised or refinanced over £3.4bn across eight transactions in the last 12 months, showing its “continued strong support from its funding partners”.