Together prices £528 million facility

Cheadle-based specialist property lender, Together, has announced the successful pricing of a £528 million securitisation facility.

The 1st charge only residential mortgage backed securitisation (RMBS), Together Asset Backed Securitisation 15 2026 – 1ST1 PLC (TABS15), is supported by a portfolio of 1st charge owner occupied and buy-to-let loans secured against residential property in England, Scotland and Wales. The facility refinances assets forming part of the Group’s £1.2 billion Kingsway facility and the Group’s senior secured notes.

Richard Rowntree, Group Chief Executive Officer of Together commented, said:

“The successful pricing of our first RMBS transaction of 2026 marks another important milestone, as we continue to open doors to give people a fair chance to turn their home ownership and investment property ambitions into reality.”

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

“The successful pricing of TABS15 highlights the strength of our platform, the quality of our loan book and the ongoing confidence and support of our investors.”

The new facility complements the Group’s existing nine public residential and three commercial real estate MBS, nine private securitisation facilities, senior secured notes and banking syndicate facility.

Wells Fargo acted as Arrangers and Joint Lead Managers accompanied by Barclays, Lloyds, MUFG, SMBC as Joint Lead Managers.