Enra Specialist Finance has completed its sixth securitisation, Elstree 2025-1, worth £320m and consisting of first charge and buy-to-let (BTL) loans.
The securitisation issuance will help Enra Specialist Finance and its subsidiary West One Loans to boost its lending as “part of it[s] ambitious growth plans”
The firm said the transaction was “oversubscribed” and added around six new investors to the programme.
Emily Gestetner, Enra Specialist Finance’s CFO, added: “We’re delighted to have closed our sixth securitisation, and inaugural pure 1st charge transaction, cementing Enra’s reputation as a reliable repeat issuer of high-quality RMBS.
“The fact the issue was oversubscribed and achieved market-leading pricing is a testament to the quality of our underwriting and the robust performance of our loan book.
“Importantly, this deal gives us the firepower to ramp up our lending as we execute our ambitious growth plans for the year ahead.”
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Enra Specialist Finance is a property finance and specialist lending group, with its subsidiary brands including West One Loans and Aria Finance.
West One Loans originates around £1.5bn of assets per annum, and Aria Finance was formed by the merging of Enterprise Finance and Vantage Finance in 2022.
