Pierpont BTL 2026-2 plc: 24 July 2026

The sixth stand-alone transaction via the Pierpont label, where the Issuer will make payments on the Notes and the Residual Certificates from payments of principal and revenue received from a portfolio comprising buy-to-let mortgage loans and their related security sold on the Closing Date by JP Morgan Chase Bank NA London Branch and originated by LendInvest BTL Limited, and a portfolio comprising buy-to-let mortgage loans and their related security sold on the Closing Date by the Seller to the Issuer and originated by MTF (LE) Limited, and secured over residential properties located in England, Wales and Scotland.

The mortgage pool as at 31 May 2026 consisted of 1,137 full valuation BTL loans (Lendinvest 727 loans / 59.19% by current balance; MTF 410/40.81%) where the average balance is £282,863 and the largest loan is for £3.060mln. None are in arrears. Borrower Type: company – 86.72%, individual – 13.28%. Loan Purpose: re-mortgage – 45.07%, purchase – 32.70%, re-mortgage and equity release – 13.67%, equity release – 8.56%. Redemption type: Interest only – 99.36%. Interest rate type: Fixed to Floating – 100.00%. The WA current LTV is 75.85% (original LTV was 75.86%) and the WA seasoning is 4.05 months. Regional distribution: Greater London – 47.55%, the South East – 15.61% and the North West – 8.64%.

UK & EU Risk Retention: JP Morgan Chase Bank NA London Branch (the Retention Holder) will retain, as an originator for the purposes of the Securitisation Regulations, on an ongoing basis, a material net economic interest of not less than 5% of the nominal value of each class of Notes sold or transferred to investors, in order to satisfy the EU Retention Requirement and UK Retention Requirement.

US Risk Retention: The Retention Holder intends to comply with the requirements of the US Risk Retention Rules by acquiring on the Closing Date and retaining, either directly or through a majority-owned affiliate, the US Risk Retained Interest in the form of an eligible vertical interest equal to not less than 5% of each Class of Notes and 5% of the Certificates or Residual Certificates.

Compare/contrast: Pierpont BTL 2026-1 plc, Frontier Mortgage Funding 2026-1 plc, Together Asset Backed Securitisation 2026-CRE6 plc