6-K 1 holmes2-6k_0322.htm

  

FORM 6-K

 

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

Report of Foreign Issuer

 

Pursuant to Rule 13a-16 or 15d-16 of

 

Securities Exchange Act of 1934

 

For the month of March 2006

 

HOLMES FINANCING (No 2) PLC

HOLMES FUNDING LIMITED

HOLMES TRUSTEES LIMITED

 

(Translation of registrant's name into English)

 

Abbey National House, 2 Triton Square, Regent’s

Place, London NW1 3AN, England

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F . . . .X. . . . Form 40-F . . . . . . . .

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes . . . . . . . No . . .X. . .    

 

 


 

Holmes Financing No 2 plc

Periodic Report re Holmes Trustees Limited and Holmes Funding Limited

For Period 09 February 2006 to 08 March 2006

 

 

 

 

 

All values are in thousands of pounds sterling unless otherwise stated

 

 

 

 

 

 

 

 

 

  

Mortgage Asset Analysis

 

 

 

 

 

 

 

 

 

Analysis of Mortgage Trust Movements

 

 

 

 

Current Period

 

 

 

Number

£000's

 

 

Brought Forward

397,199

29,981,465

 

 

Replenishment

14,272

1,453,606

 

 

Repurchased

(6,822)

(591,591)

 

 

Redemptions

(8,938)

(866,491)

 

 

Losses

(36)

(89)

 

 

Capitalised Interest

0

3,368

( * see below )

 

Other Movements

0

0

 

 

Carried Forward

395,675

29,980,268

 

 

 

 

 

 

 

 

 

 

 

 

* Capitalised interest refers to interest due met from amounts standing to

 

 

the credit of overpayment facilities on flexible loans

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

Number

£000's

 

 

Brought Forward

115,191

6,399,214

 

 

Replenishment

1,158,011

91,235,786

 

 

Repurchased

(363,757)

(27,355,962)

 

 

Redemptions

(512,867)

(40,437,607)

 

 

Losses

(903)

(1,772)

 

 

Capitalised Interest

0

140,609

( * see above )

 

Other Movements

0

0

 

 

Carried Forward

395,675

29,980,268

 

 

 

 

 

 

 

 

Trust Payment Rate (CPR)

Annualised Trust Payment Rate (CPR)

 

 

1 Month

4.86%

45.02%

( including

 

3 Month

14.41%

46.33%

redemptions and

 

12 Month

47.16%

47.16%

repurchases )

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 1 of 10

 


  

Holmes Financing No 2 plc

Periodic Report re Holmes Trustees Limited and Holmes Funding Limited

For Period 09 February 2006 to 08 March 2006

 

 

 

 

 

All values are in thousands of pounds sterling unless otherwise stated

 

 

 

 

 

 

 

 

 

 

 

Asset Profiles

 

 

 

 

Weighted Average Seasoning

37.44

months

 

 

Weighted Average Loan size

£75,769.93

 

 

 

Weighted Average LTV

66.69%

*** (see below)

 

 

Weighted Average Indexed LTV

53.61%

using Halifax House Price Index

 

Weighted Average Indexed LTV

52.13%

using Nationwide House Price Index

 

Weighted Average Remaining Term

17.86

Years

 

 

 

 

 

 

 

Product Type Analysis

£000's

%

 

 

Variable Rate

10,130,333

33.79%

 

 

Fixed Rate

6,367,809

21.24%

 

 

Tracker Rate

13,482,127

44.97%

 

 

 

29,980,268

100.00%

 

 

 

 

 

 

 

As at 08 March 2006 approximately 12.25% of the loans were flexible loans

 

 

 

 

 

 

 

Repayment Method Analysis

£000's

%

 

 

Endowment

5,138,618

17.14%

 

 

Interest Only

5,648,282

18.84%

 

 

Repayment

19,193,368

64.02%

 

 

 

29,980,268

100.00%

 

 

 

 

 

 

 

As at 08 March 2006 approximately 15.20% of the loans were written under Abbey's policy of non-income verification

 

 

 

 

 

Loan Purpose Analysis

£000's

%

 

 

Purchase

21,483,860

71.66%

 

 

Remortgage

8,496,408

28.34%

 

 

 

29,980,268

100.00%

 

 

 

 

 

 

 

Mortgage Standard Variable Rate

 

 

 

 

Effective Date

Rate

 

 

 

01 September 2005

6.50%

 

 

 

01 September 2004

6.75%

 

 

 

01 July 2004

6.50%

 

 

 

01 June 2004

6.25%

 

 

 

 

 

 

 

 

 

 

Page 2 of 10

 


  

Holmes Financing No 2 plc

Periodic Report re Holmes Trustees Limited and Holmes Funding Limited

For Period 09 February 2006 to 08 March 2006

 

 

 

 

 

All values are in thousands of pounds sterling unless otherwise stated

 

 

 

 

 

 

 

 

 

 

 

Geographic Analysis

 

 

 

 

Region

Number

£000's

%

 

East Anglia

16,141

1,142,169

3.81%

 

East Midlands

21,365

1,418,463

4.73%

 

Greater London

68,091

6,573,120

21.92%

 

North

16,983

951,051

3.17%

 

North West

44,682

2,720,324

9.07%

 

Scotland

26,021

1,483,339

4.95%

 

South East

102,354

9,152,643

30.53%

 

South West

30,778

2,322,278

7.75%

 

Wales

18,253

1,068,537

3.56%

 

West Midlands

26,256

1,706,210

5.69%

 

Yorkshire and Humberside

24,410

1,423,794

4.75%

 

Unknown

341

18,340

0.06%

 

Total

395,675

29,980,268

100.00%

 

 

 

 

 

 

Original LTV Bands

 

 

 

 

 

 

 

 

 

Range

Number

£000's

%

Average Seasoning

0.00 - 25.00

22,002

921,827

3.07%

29.07

25.01 - 50.00

93,710

5,765,401

19.23%

31.21

50.01 - 75.00

151,904

12,680,796

42.30%

33.51

75.01 - 80.00

18,664

1,647,731

5.50%

39.71

80.01 - 85.00

22,799

2,122,860

7.08%

38.74

85.01 - 90.00

39,390

3,722,338

12.42%

39.02

90.01 - 95.00

47,206

3,119,315

10.40%

57.79

Total

395,675

29,980,268

100.00%

37.44

 

 

 

 

 

*** The balance is the current outstanding balance on the account

 

 

including accrued interest. The LTV is that at origination and

 

 

excludes any capitalised high loan to value fees, valuation fees

 

 

or booking fees.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 3 of 10

 


  

Holmes Financing No 2 plc

Periodic Report re Holmes Trustees Limited and Holmes Funding Limited

For Period 09 February 2006 to 08 March 2006

 

 

 

 

 

All values are in thousands of pounds sterling unless otherwise stated

 

 

 

 

 

 

 

 

 

 

 

Arrears

 

 

 

 

Band

Number

Principal

Overdue

%

Current

385,133

29,118,921

(3,386)

97.17%

1.00 - 1.99 months

5,327

452,910

3,789

1.51%

2.00 - 2.99 months

2,161

162,707

2,556

0.54%

3.00 - 3.99 months

1,121

85,447

1,849

0.29%

4.00 - 4.99 months

563

43,284

1,236

0.14%

5.00 - 5.99 months

382

28,912

1,028

0.10%

6.00 -11.99 months

693

54,981

2,742

0.18%

12 months and over

77

6,080

618

0.02%

Properties in Possession

218

15,001

1,593

0.05%

Total

395,675

29,968,243

12,025

100.00%

 

 

 

 

 

Definition of Arrears

 

 

 

 

This arrears multiplier is calculated as the arrears amount ( which is

 

 

the difference between the expected monthly repayments and the

 

 

amount that has actually been paid, i.e. a total of under and/or

 

 

over payments ) divided by the monthly amount repayable. It is

 

 

recalculated every time the arrears amount changes, i.e. on the

 

 

date when a payment is due.

 

 

 

 

 

 

 

 

 

Movement in Shares of Trust

 

 

 

 

 

Funding

Seller

 

 

 

£000's

£000's

 

 

Balance Brought Forward

14,267,617

15,713,848

 

 

Replenishment of Assets

0

1,453,606

 

 

Acquisition by Funding

0

0

 

 

Distribution of Principal Receipts

0

(1,458,082)

 

 

Allocation of Losses

(42)

(47)

 

 

Share of Capitalised Interest

1,603

1,765

 

 

Payment Re Capitalised Interest

(1,603)

1,603

 

 

Balance Carried Forward

14,267,575

15,712,693

 

 

 

 

 

 

 

Carried Forward Percentage

47.58989%

52.41011%

 

 

 

 

 

 

 

Minimum Seller Share

1,485,304

4.95%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 4 of 10

 


  

Holmes Financing No 2 plc

Periodic Report re Holmes Trustees Limited and Holmes Funding Limited

For Period 09 February 2006 to 08 March 2006

 

 

 

 

 

All values are in thousands of pounds sterling unless otherwise stated

 

 

 

 

 

 

 

 

 

 

 

Cash Accumulation Ledger

 

 

 

 

 

£000's

 

 

 

Brought Forward

444,371

 

 

 

Additional Amounts Accumulated

0

 

 

 

Payment of Notes

0

 

 

 

Carried Forward

444,371

 

 

 

 

 

 

 

 

Target Balance

190,014

payable on 18th April 2006

 

 

254,357

payable on 15th December 2006

 

 

444,371

 

 

 

 

 

 

 

 

Excess Spread *

 

 

 

 

Quarter to 15/01/06

0.5407%

 

 

 

Quarter to 15/10/05

0.4882%

 

 

 

Quarter to 15/07/05

0.2536%

 

 

 

Quarter to 15/04/05

0.2725%

 

 

 

 

 

 

 

 

*Excess spread is calculated by reference to deferred consideration

 

 

(determined according to relevant accounting policies) for the period,

 

 

adjusted for non-cash related items and items relating to amounts

 

 

falling due after transfers to the first and second reserve funds in the

 

 

Funding Revenue Priority of Payments, expressed as a percentage of

 

 

the average note balance over that period.

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve Funds

First Reserve

Second Reserve

Funding Reserve

 

Balance as at 17/01/2006

£264,000,000.00

£0.00

£0.00

 

Required Amount as at 17/01/2006

£264,000,000.00

£0.00

£0.00

 

Percentage of Notes

1.79%

0.00%

0.00%

 

 

 

 

 

 

Properties in Possession

 

 

 

 

 

 

 

 

 

 

 

Page 5 of 10

 


  

Holmes Financing No 2 plc

Periodic Report re Holmes Trustees Limited and Holmes Funding Limited

For Period 09 February 2006 to 08 March 2006

 

 

 

 

 

All values are in thousands of pounds sterling unless otherwise stated

 

 

 

 

 

 

 

 

 

 

 

Stock

 

 

 

 

 

Current Period

 

 

 

Number

£000's

 

 

Brought Forward

222

16,581

 

 

Repossessed in Period

34

7,443

 

 

Sold in Period

(38)

(7,430)

 

 

Carried Forward

218

16,594

 

 

 

 

 

 

 

 

Cumulative

 

 

 

Number

£000's

 

 

Repossessed to date

1,120

115,305

 

 

Sold to date

(902)

(98,711)

 

 

Carried Forward

218

16,594

 

 

 

 

 

 

 

Repossession Sales Information

 

 

 

 

Average time Possession to Sale

95

Days

 

 

Average arrears at time of Sale

£4,581

 

 

 

 

 

 

 

 

MIG Claim Status **

 

 

 

 

 

Number

£000's

 

 

MIG Claims made

199

1,396

 

 

 

 

 

 

 

**On the 14th October 2005, Abbey exercised its right to cancel all relevant MIG policies and

 

therefore, none of the mortgage loans in the portfolio are currently covered by a MIG policy.

 

 

 

 

 

 

 

 

 

 

 

Trigger Events

 

 

 

 

There has been no debit to the AAA Principal Deficiency Ledger

 

 

The Seller has not suffered an Insolvency Event

 

 

 

The Seller is still the Servicer

 

 

 

 

The Outstanding Principal balance is in excess of £25 billion

 

 

 

 

 

 

 

 

 

 

 

 

Contact Details

 

 

 

 

If you have any queries regarding this report please contact the Securitisation Team via

 

 

 

 

 

 

Telephone : +44 (1908) 343232 / 344602 / 343836

 

 

 

Facsimilie : +44 (1908) 343019

 

 

 

 

Email : Securitisation@Abbey.com

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 6 of 10

 


  

Holmes Financing No 2 plc

Periodic Report re Holmes Trustees Limited and Holmes Funding Limited

For Period 09 February 2006 to 08 March 2006

 

 

 

 

 

All values are in thousands of pounds sterling unless otherwise stated

 

 

 

 

 

 

 

 

 

 

  

Notes

Deal

Rating (S&P/Moody's/Fitch)

Outstanding

Reference Rate

Margin

Series 3 Class A1

Holmes Financing No. 1

AAA/Aaa/AAA

£375,000,000

4.59625%

0.26%

Series 3 Class A2

Holmes Financing No. 1

AAA/Aaa/AAA

€ 320,000,000

2.50700%

0.26%

Series 3 Class B

Holmes Financing No. 1

AA/Aa3/AA

£24,000,000

4.59625%

0.45%

Series 3 Class C

Holmes Financing No. 1

BBB/Baa2/BBB

£30,000,000

4.59625%

1.60%

Series 4 Class A

Holmes Financing No. 1

AAA/Aaa/AAA

£250,000,000

 

6.62%

Series 4 Class B

Holmes Financing No. 1

AA/Aa3/AA

£11,000,000

4.59625%

0.62%

Series 4 Class C

Holmes Financing No. 1

BBB/Baa2/BBB

£14,000,000

4.59625%

1.75%

Series 3 Class A

Holmes Financing No. 2

AAA/Aaa/AAA

£250,000,000

4.59625%

0.24%

Series 3 Class B

Holmes Financing No. 2

AA/Aa3/AA

£19,000,000

4.59625%

0.45%

Series 3 Class C

Holmes Financing No. 2

BBB/Baa2/BBB

£25,000,000

4.59625%

1.50%

Series 4 Class A

Holmes Financing No. 2

AAA/Aaa/AAA

€ 500,000,000

2.50700%

0.27%

Series 4 Class B

Holmes Financing No. 2

AA/Aa3/AA

€ 21,000,000

2.50700%

0.50%

Series 4 Class C

Holmes Financing No. 2

BBB/Baa2/BBB

€ 35,000,000

2.50700%

1.60%

Series 3 Class A

Holmes Financing No. 3

AAA/Aaa/AAA

€ 805,000,000

2.50700%

0.24%

Series 3 Class B

Holmes Financing No. 3

AA/Aa3/AA

€ 24,000,000

2.50700%

0.40%

Series 3 Class C

Holmes Financing No. 3

BBB/Baa2/BBB

€ 50,000,000

2.50700%

1.50%

Series 2 Class A

Holmes Financing No. 4

AAA/Aaa/AAA

€ 800,000,000

 

5.05%

Series 2 Class B

Holmes Financing No. 4

AA/Aa3/AA

€ 35,800,000

2.50700%

0.40%

Series 2 Class C

Holmes Financing No. 4

BBB/Baa2/BBB

€ 53,800,000

2.50700%

1.45%

Series 3 Class A1

Holmes Financing No. 4

AAA/Aaa/AAA

£550,000,000

4.59625%

0.23%

Series 3 Class A2

Holmes Financing No. 4

AAA/Aaa/AAA

$410,000,000

4.60000%

0.23%

Series 3 Class B

Holmes Financing No. 4

AA/Aa3/AA

$34,500,000

4.60000%

0.44%

Series 3 Class C

Holmes Financing No. 4

BBB/Baa2/BBB

$49,500,000

4.60000%

1.30%

Series 4 Class A

Holmes Financing No. 4

AAA/Aaa/AAA

CHF 850,000,000

 

3.50%

Series 4 Class B

Holmes Financing No. 4

AA/Aa3/AA

£11,000,000

4.59625%

0.43%

Series 4 Class C

Holmes Financing No. 4

BBB/Baa2/BBB

£19,000,000

4.59625%

1.50%

Series 3 Class A 1

Holmes Financing No. 5

AAA/Aaa/AAA

€ 600,000,000

 

4.25%

Series 3 Class A 2

Holmes Financing No. 5

AAA/Aaa/AAA

£500,000,000

4.59625%

0.23%

Series 3 Class B

Holmes Financing No. 5

AA/Aa3/AA

€ 53,000,000

2.50700%

0.40%

Series 3 Class C

Holmes Financing No. 5

BBB/Baa2/BBB

€ 76,000,000

2.50700%

1.47%

Series 3 Class A

Holmes Financing No. 6

AAA/Aaa/AAA

€ 1,000,000,000

2.50700%

0.24%

Series 3 Class B

Holmes Financing No. 6

AA/Aa3/AA

€ 34,000,000

2.50700%

0.50%

Series 3 Class C

Holmes Financing No. 6

BBB/Baa2/BBB

€ 57,000,000

2.50700%

1.50%

Series 4 Class A 1

Holmes Financing No. 6

AAA/Aaa/AAA

$1,000,000,000

4.60000%

0.24%

Series 4 Class A 2

Holmes Financing No. 6

AAA/Aaa/AAA

CHF 300,000,000

 

2.50%

Series 4 Class B

Holmes Financing No. 6

AA/Aa3/AA

$40,000,000

4.60000%

0.52%

Series 4 Class C

Holmes Financing No. 6

BBB/Baa2/BBB

$69,000,000

4.60000%

1.55%

Series 5 Class A

Holmes Financing No. 6

AAA/Aaa/AAA

£500,000,000

4.59625%

0.24%

Series 5 Class B

Holmes Financing No. 6

AA/Aa3/AA

£17,000,000

4.59625%

0.52%

Series 5 Class C

Holmes Financing No. 6

BBB/Baa2/BBB

£29,000,000

4.59625%

1.55%

Series 2 Class B

Holmes Financing No. 7

AA/Aa3/AA

$37,500,000

4.60000%

0.35%

Series 2 Class C

Holmes Financing No. 7

BBB/Baa2/BBB

$63,750,000

4.60000%

0.80%

Series 3 Class A

Holmes Financing No. 7

AAA/Aaa/AAA

$500,000,000

4.60000%

0.23%

Series 3 Class B

Holmes Financing No. 7

AA/Aa3/AA

£15,000,000

4.59625%

0.50%

 

 

Page 7 of 10

 


  

Holmes Financing No 2 plc

Periodic Report re Holmes Trustees Limited and Holmes Funding Limited

For Period 09 February 2006 to 08 March 2006

 

 

 

 

 

All values are in thousands of pounds sterling unless otherwise stated

 

 

 

 

 

 

 

 

 

 

 

Notes

Deal

Rating (S&P/Moody's/Fitch)

Outstanding

Reference Rate

Margin

Series 3 Class M

Holmes Financing No. 7

A/A2/A

£20,000,000

4.59625%

0.80%

Series 4 Class A 1

Holmes Financing No. 7

AAA/Aaa/AAA

€ 500,000,000

2.50700%

0.26%

Series 4 Class A 2

Holmes Financing No. 7

AAA/Aaa/AAA

£250,000,000

4.59625%

0.26%

Series 4 Class B

Holmes Financing No. 7

AA/Aa3/AA

€ 41,000,000

2.50700%

0.53%

Series 4 Class M

Holmes Financing No. 7

A/A2/A

€ 56,000,000

2.50700%

0.80%

Series 2 Class A

Holmes Financing No. 8

AAA/Aaa/AAA

$1,500,000,000

4.60000%

0.08%

Series 2 Class B

Holmes Financing No. 8

AA/Aa3/AA

$51,000,000

4.60000%

0.17%

Series 2 Class C

Holmes Financing No. 8

BBB/Baa2/BBB

$87,000,000

4.60000%

0.72%

Series 3 Class A

Holmes Financing No. 8

AAA/Aaa/AAA

€ 990,000,000

2.50700%

0.15%

Series 3 Class B

Holmes Financing No. 8

AA/Aa3/AA

€ 34,000,000

2.50700%

0.27%

Series 3 Class C

Holmes Financing No. 8

BBB/Baa2/BBB

€ 57,500,000

2.50700%

0.85%

Series 4 Class A 1

Holmes Financing No. 8

AAA/Aaa/AAA

£900,000,000

4.59625%

0.15%

Series 4 Class A 2

Holmes Financing No. 8

AAA/Aaa/AAA

$500,000,000

4.60000%

0.14%

Series 4 Class B

Holmes Financing No. 8

AA/Aa3/AA

£39,900,000

4.59625%

0.30%

Series 4 Class C

Holmes Financing No. 8

BBB/Baa2/BBB

£68,000,000

4.59625%

0.90%

Series 1 Class A

Holmes Financing No. 9

AAA/Aaa/AAA

$1,740,000,000

4.53599%

-0.03%

Series 2 Class A

Holmes Financing No. 9

AAA/Aaa/AAA

$2,175,000,000

4.53599%

0.06%

Series 3 Class A1

Holmes Financing No. 9

AAA/Aaa/AAA

€ 740,000,000

2.50100%

0.10%

Series 3 Class A2

Holmes Financing No. 9

AAA/Aaa/AAA

£400,000,000

4.64000%

0.09%

Series 4 Class A

Holmes Financing No. 9

AAA/Aaa/AAA

£600,000,000

4.64000%

0.09%

 

 

 

 

 

 

 

 

Page 8 of 10

 


  

Holmes Financing No 2 plc

Periodic Report re Holmes Trustees Limited and Holmes Funding Limited

For Period 09 February 2006 to 08 March 2006

 

 

 

 

 

All values are in thousands of pounds sterling unless otherwise stated

 

 

 

 

 

 

 

 

 

 

  

Retired Class A Notes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date Retired

Holmes 1

Holmes 2

Holmes 3

Holmes4

Holmes 5

Holmes 6

Holmes 7

Holmes 8

Holmes 9

02Q3

-

703

-

-

352

-

-

-

-

02Q4

-

-

-

-

352

-

-

-

-

03Q1

-

-

750

-

-

-

-

-

-

03Q2

-

-

-

-

-

-

-

-

-

03Q3

600

-

-

-

-

481

-

-

-

03Q4

-

176

-

191

-

481

-

-

-

04Q1

-

176

-

191

-

-

241

-

-

04Q2

-

176

-

191

-

-

241

-

-

04Q3

-

176

-

191

-

-

-

-

-

04Q4

-

-

-

-

698

-

-

-

-

05Q1

-

-

750

-

-

-

-

-

-

05Q2

-

-

-

-

-

801

-

1,001

-

05Q3

650

-

-

-

-

-

-

-

-

05Q4

-

125

-

-

-

-

-

-

-

06Q1

-

125

-

-

-

-

803

-

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding Class A Notes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expected Redemption

Holmes 1

Holmes 2

Holmes 3

Holmes4

Holmes 5

Holmes 6

Holmes 7

Holmes 8

Holmes 9

06Q1

-

-

-

-

-

-

-

-

-

06Q2

-

125

-

-

-

-

-

-

-

06Q3

-

125

500

1,340

-

-

-

-

-

06Q4

-

-

-

350

875

-

-

-

-

07Q1

-

-

-

-

-

-

161

812

1,018

07Q2

-

-

-

-

-

634

161

-

-

07Q3

575

-

-

-

-

-

-

-

-

07Q4

-

300

-

-

-

770

-

-

-

08Q1

-

-

-

-

-

-

-

-

-

08Q2

-

-

-

-

-

500

592

221

-

08Q3

-

-

-

-

-

-

-

221

1,272

08Q4

-

-

-

-

-

-

-

221

-

09Q1

-

-

-

-

-

-

-

1,171

-

09Q2

-

-

-

-

-

-

-

-

-

09Q3

-

-

-

-

-

-

-

-

-

09Q4

-

-

-

-

-

-

-

-

-

10Q1

-

-

-

-

-

-

-

-

453

10Q2

-

-

-

-

-

-

-

-

453

10Q3

250

-

-

-

-

-

-

-

600

10Q4

-

-

-

-

-

-

-

-

-

 

 

Page 9 of 10

 


  

Holmes Financing No 2 plc

Periodic Report re Holmes Trustees Limited and Holmes Funding Limited

For Period 09 February 2006 to 08 March 2006

 

 

 

 

 

All values are in thousands of pounds sterling unless otherwise stated

 

 

 

 

 

 

 

 

 

 

 


 

 

Page 10 of 10 

 

 

 

 


SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

 

  HOLMES FINANCING (No 2) PLC
   
   

Dated: 22nd March 2006

By / s / Karen Carson

 

 

              (Authorised Signatory)