Quarterly Report - Securitisation

    RNS Number : 4206D
  Bradford & Bingley PLC
  15 September 2008
   

    15 September 2008


    Bradford & Bingley plc

    Aire Valley Finance (No.2) plc

    The latest Quarterly Report for Aire Valley Finance (No.2) plc is now available at www.bbg.co.uk/bbg/ir/dis/securitisation/ 

    During the previous quarter the following movements have occurred:


 Portfolio Characteristics                 September 2008     June 2008

 Outstanding current balance of mortgages    �267,199,322  �286,824,303
 Number of mortgages                                3,104         3,290
 Average loan balance                             �86,082       �87,181
 Average LTV                                       60.71%        61.11%
 Arrears:
   1 month +                                        0.16%         0.36%
   3 months +                                       0.13%         0.03%
   12 months +                                      0.00%         0.00%


    END


    Contacts:

 Investor Relations:          
 Katherine Conway             
 Tel: +44 (0) 1274 554928     
 Email:                       
 katherine.conway@bbg.co.uk   
                              
                              
 Press Office:                
 Nickie Aiken                 
 Tel: +44 (0) 20 7067 5632    
 Email:                       
 nickie.aiken@bbg.co.uk       
                              


This information is provided by RNS
The company news service from the London Stock Exchange
 
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