TAB has completed a private securitisation facility with NatWest and Atalaya Capital Management of up to £300m to support its lending products.
Both funding partners support TAB's commitment to offering ESG-focused mortgage loans to borrowers, prioritising sustainable and responsible business practices.
As part of the funding line, Atalaya Capital Management is strengthening its partnership with TAB by providing mezzanine notes for the facility, demonstrating its continued commitment following a £120m revolving credit facility which closed in 2022.
Duncan Kreeger, CEO and founder of TAB, said: “Our new funding line marks a monumental moment for TAB. Partnering with an established institution of NatWest's size is testament to the progress we have made and the confidence in our vision. The completion of the private securitisation facility is a strategic move that will significantly enhance our ability to provide more competitive and flexible financing options to our borrowers for both short term bridging finance and longer term mortgages."
Latest News
-
FCA receives nearly 5,000 reports of scammers impersonating regulator in H1
-
UK banks to invest over £1.8bn in AI by 2030
-
56,000 mortgages completed under Govt’s guarantee scheme since 2021
-
UK bank branch numbers decline rapidly in five years, figures show
-
Third of advisers targeting growth from existing clients
-
Savings providers and product choices reach record highs
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
Air and the role of later-life lending
Content editor at MoneyAge, Dan McGrath, spoke to the chief executive officer at Air, Will Hale, about the later-life lending industry, the importance of tailored advice and how technology and obligations have shaped the sector.
Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.
In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.
In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.
The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories