UK RCBC Members
There are currently thirteen members of the UK RCBC . These are among the largest banks and building societies in the UK. All are top 20 UK mortgage lenders who between them accounted for approximately £1,300bn of UK mortgages and over 88% of new UK mortgage lending in 2022. The value of UK regulated covered bonds in issue at the end of 2022 was approximately £76bn.
The list of members together with a link to the page setting out the details of their covered bond programmes is set out below:
- Barclays Bank UK plc
- Co-operative Bank plc
- Coventry Building Society
- HSBC UK Bank plc
- Leeds Building Society
- Lloyds Banking Group
- National Westminster Bank plc
- Nationwide Building Society
- Santander UK plc
- Skipton Building Society
- TSB Bank plc
- Clydesdale Bank plc (trading as Virgin Money)
- Yorkshire Building Society
Associate Members
A&O Shearman, Clifford Chance and Linklaters are leading law firms advising members in the area of UK Covered Bonds and are Associate Members of the UK RCBC: