Securitisation of Receivables Under English Law

Turning “I owe you” into “Thank you very much”

Receivables securitisation is one of those things that sounds terribly niche until you realise it’s quietly powering everything from mortgage markets to mobile phone bills. It’s the financial equivalent of a backstage crew – unseen, underappreciated, but essential if the show’s going to go on.

In this article, we look at how receivables can be turned into structured finance magic under English law – what counts as a receivable, why anyone would want to securitise one, and how to avoid the classic legal missteps (like forgetting that some contracts don’t like being handed around like a tray of biscuits).