Fosse Master Issuer PLC is a securitisation company that manages financial assets, primarily intercompany loans and cash, to generate cash flows. Its business model focuses on collecting contractual cash flows from these assets, which include loans linked to a residential mortgage portfolio. The company operates within the Fosse Securitisation Structure, relying on the performance of the underlying mortgage loans for repayment. It is exposed to credit risk associated with these loans and manages its financial liabilities through the issuance of Notes.