UK Mortgages Ltd - Monthly Factsheet - January 2021
PR Newswire
Monthly Factsheet
The Board of UK Mortgages Limited (UKML) and TwentyFour Asset Management LLP (TwentyFour) are pleased to present the latest factsheet for the fund. Information on current investments and pipeline can be found in the factsheet.
Copies can be downloaded from the Company s website:
https://twentyfouram.com/en/funds/uk-mortgages-fund/
or viewed here: https://mma.prnewswire.com/media/1443999/UKML Factsheet Jan 2021.pdf
For further information, please contact:
John Magrath +44 (0)20 7015 8900
Kostenloser Wertpapierhandel auf Smartbroker.de
FNRD-2.621.0
Wie bewerten Sie die aktuell angezeigte Seite?sehr gut123456schlechtProblem melden
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen.
UK Mortgages Ltd - Net Asset Value(s)
PR Newswire
LEI 549300388LT7VTHCIT59
UKML RNS: Commentary accompanying UK Mortgages Limited December 2020 NAV
The UKML NAV per share was calculated for December 2020 month end at 81.79 pence per share, an increase of 0.36 pence per share.
Alongside the regular monthly income generated by the Company s investments, the key drivers for the movement in the NAV for this period have been the updated IFRS 9 Expected Credit Loss (ECL) provisioning assessment and the hedge effectiveness calculations both of which occur semi-annually. With regard to ECL provisioning, there has been a significant reduction in the number of loans taking a payment holiday, with current levels having fallen to a fraction of the amount at the previous calculation in June 2020, which essentially coincided with the peak take-up. The effect of this has been to partially reduce the required provisioning, despite continuing to model an enhanced level of stress on loans where t
UK Mortgages Ltd - Monthly Factsheet - December 2020
PR Newswire
Monthly Factsheet
The Board of UK Mortgages Limited (UKML) and TwentyFour Asset Management LLP (TwentyFour) are pleased to present the latest factsheet for the fund. Information on current investments and pipeline can be found in the factsheet.
Copies can be downloaded from the Company s website:
https://twentyfouram.com/en/funds/uk-mortgages-fund/
or viewed here
John Magrath +44 (0)20 7015 8900
Kostenloser Wertpapierhandel auf Smartbroker.de
FNRD-2.621.0
Wie bewerten Sie die aktuell angezeigte Seite?sehr gut123456schlechtProblem melden
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen.
UK Mortgages Ltd - Investor Update 4.2.2021
PR Newswire
Investor Update
The UK Mortgages Ltd Portfolio Management team will be hosting an update on Thursday 4th February at 10:30am to present a structural breakdown of the recently completed successful Hops Hill No.1 securitisation and to update the Funds outlook and future milestones.
For more information on how to register, please contact s.murphy@numis.com or events@twentyfouram.com
Kostenloser Wertpapierhandel auf Smartbroker.de
FNRD-2.621.0
Wie bewerten Sie die aktuell angezeigte Seite?sehr gut123456schlechtProblem melden
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen.
IN BRIEF: UK Mortgages Launches Portfolio Securitisation With Keystone
Thu, 21st Jan 2021 07:35
UK Mortgages Ltd - Bromsgrove, England-based investor in UK residential mortgages - Announces launch and pricing of Hops Hill No 1 PLC, the debut securitisation of a portfolio of first ranking, buy-to-let mortgage loans originated by Keystone Property Finance Ltd. Says the deal, which it carried out with TwentyFour Asset Management LLP, has been ready since early November last year, but as the year-end approached and the resolution of a number of broader uncertainties became apparent, such as the approval and roll-out of vaccines, it became strategically beneficial to hold off until the new year. Notes this allowed the portfolio to grow as ongoing origination flowed into the loans pool, resulting in a larger transaction of GBP400 million.