Hampshire Trust Bank (HTB) has completed its first mortgage securitisation Winchester No.1 in a transaction worth £300 million.

The securities are backed by a portfolio of buy-to-let mortgage loans originated by HTB.

HTB chief executive officer Matthew Wyles says: “This is an important milestone in the development of HTB.”

“Our first mortgage securitisation is a critical step in further diversifying our funding sources, bolstering our capital base and providing a sound platform for our ongoing profitable growth. It was particularly pleasing to see such strong demand from investors.”