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Mortgage Securitisation

Did you know that there’s an 80% probability that your Mortgage Lender has sold your mortgage under the process of Mortgage Securitisation, which may result in you clearing your mortgage?

What is Mortgage Securitisation?

Lenders don’t have unlimited funds at their disposal to lend. To free up funds they must remove existing liabilities from their books.

Lenders bundle up hundreds, sometimes thousands of residential and commercial mortgages and sell them on as bonds to large financial institutions (third party investors). These large institutions then resell these bonds to insurance companies, pension funds and other various funds. In some cases, the mortgage funds end up being traded as securities and bonds.

Once the liabilities have been sold on by the Bank they can remove the debt from their balance sheet allowing them to lend more money.

In every case, securitisation of the mortgages is auctioned by the Lenders by their use of a power of attorney or equivalent rights granted by the borrowers to the Bank (usually without the borrower’s knowledge). The power of attorney or equivalent rights to sell, transfer or assign the mortgage is present in every single mortgage loan application, offer and acceptance or related documentation provided by the lender.

How does Mortgage Securitisation affect me?

If your mortgage has been securitised your financial obligation to your lender would have been paid in full. Once your lender removes your mortgage from their balance sheet your contractual obligation ceases. Your mortgage may not be with the mortgage lender who you are continuing to pay. They may be just acting as collection agents for the third party they sold it to.

The major error that the Lenders have made is not completing the paperwork correctly and amending the charge they hold on your property. Therefore they do not have the legal and equitable right to hold a valid charge on your property and you are entitled to have the charge removed.

You may technically owe it to someone of whom you have no knowledge, but that is for that third party to prove. The Lenders have already been challenged on wrongful practices and forced to pay billions in compensation for mis-selling Payment Protection Insurance (PPI). They now face a similar situation with Mortgage Securitisation and its impact on the borrower, but on a stronger foundation and on a far larger scale.

Experience and Expertise

Barings Solicitors have an experienced team waiting to advise and guide you through the process of mortgage securitisation and fighting for your rights.

To get started with your claim on a no win, no fee, get in touch today by calling our team on 0161 200 9960.


Barings Solicitors were outstanding! I have used other solicitors before but no other firm made me feel like they really cared about me as a person. Thank you so much!



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