8th Feb 2021 13:46
RNS Number : 3494O
Coventry Building Society
08 February 2021
RNS Announcement
COVENTRY BUILDING SOCIETY
Coventry Building Society announces that it has today repurchased more than £480 million of buy-to-let mortgages originated under its subsidiary, Godiva Mortgages Limited from UK Mortgages PLC, managed by TwentyFour Asset Management.
The completion of the repurchase is intended to occur in two phases, in February 2021 and May 2021.
The Society has maintained the servicing of the Loans since they were originally sold in two tranches in 2015 and 2018, resulting in a seamless transaction for borrowers under the Loans.
Media enquiries should be directed to:
Richard Field
Head of Communications
Tel: 0800 121 686
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
[email protected] or visit
www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy.
END
MSCUWSORARUURAR
Related Shares:
Coventry Bs12e%
