Aire Valley Mortgages 2007-2 plc

The 7th Buy-to-Let transaction from originator Bradford & Bingley, and the fifth to be issued off the
Master Issuer programme. All of the residential mortgage loans have been originated in England,
Wales, Scotland and Northern Ireland, primarily through the Mortgage Express wholly-owned
subsiduary.

There are 96,567 first-charge residential mortgage loans in the provisional pool, and some 77.94%
of the loans by value, are to buy-to-let borrowers and the balance (21.35%, by value), are to
borrowers that have self-certified their income. It should also be noted that additional loan types
may be substituted into the trust in the future. By value, 85.39% of the portfolio consists of interest
-only loans, and almost 60% of the provisional portfolio by current balance had an original LTV of
greater than 80%.

Geographically, the portfolio has a high concentration (by value) of properties located in London
(34.38%), Outer Metro (12.08%), and the South East (13.40%). The weighted average LTV is
80.47%, with average seasoning of 2.8yrs.

All the notes were pre-placed, or retained.


Compare/contrast: Aire Valley Mortgages 2007-1 plc, Eurosail Prime UK 2007-A, Eurohome UK
Mortgages 2007-2


Aire Valley Mortgages 2007-1 plcEurosail Prime UK 2007-AEurohome UK Mortgages 2007-2