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SHAWBROOK MORTGAGE FUNDING 2019-1 PLC -- Moody's assigns provisional ratings to Notes to be issued by Shawbrook Mortgage Funding 2019-1 plc

Moody's has not assigned a rating to the GBP []M Class Z Mortgage Backed Floating Rate Notes due [2050]. The Notes are backed by a static pool of UK Buy-to-Let ("BTL") mortgage loans originated by Shawbrook Bank Limited ("Shawbrook"). The Reserve Fund will be funded to [1.5]% of the total rated Notes balance at closing and the total credit enhancement for the Class A Notes will be [16.9]%.