Belmont Green, trading as Vida Homeloans, has announced its third residential mortgage-backed security (RMBS) this year.
Tower Bridge Funding 2024-3 has raised £300 million to drive lending growth across the specialist housing and build-to-let (BTL) markets. 
This is Belmont Green's 13th RMBS deal and is backed by Barclays, BNP Paribas, Macquarie Group and NatWest.
Belmont Green chief executive Anse Mooney said: “This transaction demonstrates investors' strong confidence in our business as we prepare to become a bank.”
“The high level of interest reflects the strength of our loan book and our ability to consistently deliver in the specialty mortgage market. This additional funding will enable us to continue supporting our brokers and providing tailored solutions to their customers to help more people find the best place to live.”
