Kensington Mortgages

Gemgarto (GMG)

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Gemgarto 2021-1 (GMG21-1)

GMG 21-1 is a £470 million deal, comprising prime, performing, first-ranking mortgages originated by Kensington and advanced to individual borrowers ONLY for the purchase or remortgage of their main residence (Owner-Occupied). The deal includes a revolver feature that can be used until the call date. This GMG bond is the first Social bond issued by Kensington. The main difference with the Finsbury Square platform is that Gemgarto is structured to be STS & LCR eligible (i.e. Owner Occupied loans only, no credit impaired borrowers 3 years prior to their application, no loans more than 90DIA etc…). The deal closed in February 2021.

Loan Level Data

Gemgarto 2021-1 (GMG21-1)

2021

August
GMG 2021-1_BoE_Aug 21
May
GMG 2021-1_BoE_May 21
February
GMG21-1 Data Tape Closing

Quarterly Investor Reports

Gemgarto 2021-1 (GMG21-1)

Transactional Documents

Gemgarto 2021-1 (GMG21-1)

Investor Presentation

Gemgarto 2021-1 (GMG21-1)

Offering circular

Gemgarto 2021-1 (GMG21-1)