Molossus BTL 2025-1 PLC : 15 November 2025

A stand-alone transaction, where the Issuer will make payments on the Notes and the Certificates from payments of principal and revenue received from a portfolio of buy-to-let mortgage loans originated by ColCap Financial UK Limited or, as applicable, Molo Holdings No.1 Limited, and secured over residential properties located in England and Wales, which will be purchased by the Issuer on the Issue Date.

The provisional pool (as at 30 September 2025) comprises of 1,485 fully performing BTL loans, where the average current balance is £174,553 and the largest loan is for £1.825mln. Borrower : limited company – 74.92%, individual – 25.08%. Redemption type: interest only – 99.55. Interest type: fixed – 97.94%, variable – 2.06%. The WA current LTV is 72.58% (original LTV was 72.64%) and the WA seasoning is 9.88 mnths. Regional concentration: London – 24.56%, North West – 22.57%, South East – 10.47% and West Midlands – 9.72%.

UK & EU Risk Retention: The Retention Holder (Elizabeth RR No.5 Limited) will undertake that it will retain, as originator, on an ongoing basis, a material net economic interest of at least 5% in the securitisation as required by Article 6(1) of the UK Securitisation Regulation and as determined in accordance with Article 6 of the EU Securitisation Regulation (as such legislation is in force at the Issue Date) as required for the purposes of Article 5(1)(d) of the EU Securitisation Regulation (as such legislation is in force as at the Issue Date).

US Risk Retention: The transaction is not intended to involve the retention by a sponsor of at least 5% of the credit risk of the securitised assets for purposes of compliance with the final rules promulgated under Section 15G of the US Securities Exchange Act of 1934, but rather it is intended to rely on an exemption provided for in Section 20 of the US Risk Retention Rules regarding non-US transactions.

Compare/contrast: Molossus BTL 2024-1, Atlas Funding 2025-2 plc, Temple Quay No.2 plc