Edeus completes £150m loan sale

Edeus has completed its fifth whole loan sale, worth £150m, with a mystery new partner.

The trade comprised a mix of self-cert, buy-to-let, and adverse lending.

Edeus has declined to name the partner, but says it is “prolific”.

Richard Monahan, head of asset management at edeus, says: “I am delighted to have completed a trade with another new purchaser of edeus collateral.

“This sale further confirms edeus’ ability to originate asset and successfully create liquidity with a diverse range of funding partners.”