Together completes £562.9 million securitisation

Cheadle-based specialist property lender, Together, has announced the successful pricing its £562.9 million 1st charge only residential mortgage backed securitisation.

Pricing of the Together Asset Backed Securitisation 16 2026 (TABS16) is the second such deal completed by the lender so far in 2026. It is supported by a portfolio of 1st charge owner occupied and buy-to-let loans secured against residential properties in England, Scotland and Wales. The facility refinances assets forming part of the Group’s £1.2 billion Kingsway facility (“KABS”) and the Group’s senior secured notes.

Richard Rowntree, Group CEO of Together, commented:

“We are delighted to announce the successful pricing of our latest RMBS, the £562.9m TABS16. By maintaining strong access to funding, we can continue to provide the flexible, common-sense lending solutions that help to give people a fair chance to turn their home ownership ambitions into reality.”

Gary Beckett, Group MD and Chief Treasury Officer at Together, added:

“Since January, we have raised or refinanced more than £1.9 billion across four transactions, maintaining strong momentum across our funding programme. The successful pricing of TABS16 reflects the quality of our loan book and highlights the continued confidence and support of our investors, positioning us well for future growth.”

The new facility complements the Group’s existing twelve public mortgage-backed securitisations, eight private
securitisations, senior secured notes and banking syndicate facility (RCF). BNP acted as Arrangers and Joint Lead Managers accompanied by Lloyds, Natixis, Wells Fargo and Barclays as Joint Lead Managers.