Tuesday 17th June 2025, Bletchley – Quantum Mortgages, the specialist Buy to Let lender for professional landlords, has completed its 2nd securitisation, just 10 months after its inaugural deal in 2024.
Representing its 2nd deal in 3 years since launching, Bletchley Park Funding 2025-1 comprised £278 Million of UK Buy to Let loans originated by the lender, taking the total value of assets within their Bletchley Park Funding programme to over £500 Million.
Due to increased demand, following the success of last year’s transaction, the issuance received the tightest pricing of any UK Buy to Let securitisation since Quantum Mortgages was launched in 2022 with senior notes priced at 0.77% over SONIA.
The deal also represents continued confidence in the UK buy to let sector, with all bond categories oversubscribed because of the strong take up from investors including UK & International Clearing Banks, Challenger Banks, Investment Banks, Asset Managers and Fund Managers.
HSBC acted as sole arranger while Lloyds and Citi acted as Joint Lead Managers. Quantum’s funding partner ABCarval was the transactions Sponsor.
Jason Neale, Founder and CEO at Quantum Mortgages comments,
“We are delighted to complete our 2nd securitisation, especially so soon after our inaugural deal last summer. The huge interest and demand from the investor community confirms our position as an established expert in providing finance for professional landlords and the pricing of the deal reflects the quality and diligent work our team produce every day.
The continued high demand for assets backed by UK Buy to Let mortgages, is not only great news for us but all UK Non-Bank lenders who rely on the capital markets for funding. Greater demand allows us all to continue to grow and innovate while reducing our cost of funds to provide better value products for landlords.”