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PMF 2024-1: 05 February 2024

The Issuer will make payments on the Notes from payments of principal and revenue received from a portfolio comprising mortgage loans and their related security originated by Charter Court Financial Services Limited under its trading name of Precise Mortgages, and secured over residential properties located in England and Wales.

As at the Portfolio Reference Date (30 November 2023) the Provisional Portfolio comprises of 2,683 fixed-rate loans, secured over BTL properties located in England and Wales. All mortgages are first legal mortgage / first ranking standard security, all were subject to a full property valuation and none were in arrears. The average current balance is £190,337 and the largest is for £1.015mln. Repayment Method: Interest only – 93.15%, repayment – 6.85%. Additional information (% of current balances): self-employed borrowers - 47.99%, portfolio landlords – 26.14%, refinanced loans - 53.09%. The WA current LTV is 72.79% (original LTV 72.90%) and the WA seasoning is 17.31 months. Regional concentration (by current balances): Greater London – 27.59%, South East - 17.78%, East Anglia - 11.15%, the West Midlands - 8.96%.

UK & EU Risk Retention: CCFS (in its capacity as originator) retains on an ongoing basis a material net economic interest of not less than 5% in the securitisation.

US Risk Retention: The sponsor under the US Risk Retention Rules does not intend to retain at least 5% of the credit risk of the securitised assets for purposes of compliance, but rather intends to rely on an exemption provided for in Section 20 of the US Risk Retention Rules regarding non-US transactions.

Compare/contrast: CMF 2023-1, Canterbury Finance No.5 plc