Our securitisation team is the market leading team in Scotland, dealing with the full range of participants, asset classes and deal structures involving Scottish assets which are operative in the UK market.

Having been instrumental in devising the initial structures used to securitise assets in Scotland over 25 years ago, we continue to work with clients to apply our extensive knowledge in this field to new structures and asset types and are regularly involved in similar structured transactions, such as covered bond and national government sponsored bank liquidity programmes.  

Experience

The Co-operative Bank plc
Acted for Co-op Bank as Scots Counsel in the £1.7 billion securitisation of a mixed buy-to-let and owner-occupied residential mortgage portfolio.
Together Financial Services Ltd
Acted for Together Financial Services as Scots Counsel in relation to its £275 million inaugural public securitisation of mortgages.
Charter Court Financial Services Ltd
Acted as Scots Counsel in the £300 million securitisation of Precise Mortgages residential mortgage portfolio.
PSA Finance UK Ltd
Acted for PSA Finance on Scottish aspects of its £400 million Auto ABS UK Loans 2017 receivables programme issuance.
Volkswagen Financial Services (UK) Ltd
Acted for Volkswagen Financial on the Scottish aspects of its £10 billion Driver UK Master C2 Programme Update and Issuance.
GMAC UK plc
Acted for GMAC plc as Scots Counsel in relation to the £486.1 million securitisation of auto loan receivables through E-Carat 8 plc.