London Wall Mortgage Capital PLC's Series 2024-01 Assigned Ratings - S&P Global Ratings’ Credit Research

London Wall Mortgage Capital PLC's Series 2024-01 Assigned Ratings

London Wall Mortgage Capital PLC's Series 2024-01 Assigned Ratings - S&P Global Ratings’ Credit Research
London Wall Mortgage Capital PLC's Series 2024-01 Assigned Ratings
Published Aug 15, 2024
4 pages (1891 words) — Published Aug 15, 2024
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We have assigned our credit ratings to London Wall Mortgage Capital PLC's series 2024-01 notes. This is an RMBS transaction that securitizes a portfolio of buy-to-let and owner-occupied mortgage loans secured on properties in the U.K. LONDON (S&P Global Ratings) Aug. 15, 2024--S&P Global Ratings today assigned credit ratings to London Wall Mortgage Capital PLC's series 2024-01 (London Wall 2024-1) notes. London Wall 2024-01 is an RMBS transaction that securitizes a portfolio of buy-to-let (BTL) and owner-occupied mortgage loans secured on properties in the U.K. This transaction is the sixth securitization under the London Wall Mortgage Capital PLC program. The loans in the pool were originated between 2014 and 2022 by Fleet Mortgages Ltd. (28%), Charter Court Financial Services Ltd.

  
Brief Excerpt:

...- We have assigned our credit ratings to London Wall Mortgage Capital PLC's series 2024-01 notes. - This is an RMBS transaction that securitizes a portfolio of buy-to-let and owner-occupied mortgage loans secured on properties in the U.K. LONDON (S&P Global Ratings) Aug. 15, 2024--S&P Global Ratings today assigned credit ratings to London Wall Mortgage Capital PLC's series 2024-01 (London Wall 2024-1) notes. London Wall 2024-01 is an RMBS transaction that securitizes a portfolio of buy-to-let (BTL) and owner-occupied mortgage loans secured on properties in the U.K. This transaction is the sixth securitization under the London Wall Mortgage Capital PLC program. The loans in the pool were originated between 2014 and 2022 by Fleet Mortgages Ltd. (28%), Charter Court Financial Services Ltd. (CCFS) (29%), and The Mortgage Lender Ltd. (TML) (43%). We have previously analyzed assets in this pool under the Charter Mortgage Funding 2017-1 PLC and Lanebrook Mortgage Transaction 2020-1 PLC (Lanebrook...

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Europe, Middle East, Africa
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "London Wall Mortgage Capital PLC's Series 2024-01 Assigned Ratings" Aug 15, 2024. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/London-Wall-Mortgage-Capital-PLC-s-Series-2024-01-Assigned-Ratings-3230845>
  
APA:
S&P Global Ratings’ Credit Research. (). London Wall Mortgage Capital PLC's Series 2024-01 Assigned Ratings Aug 15, 2024. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/London-Wall-Mortgage-Capital-PLC-s-Series-2024-01-Assigned-Ratings-3230845>
  
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