55OJ Res.mort.7'a'4a

RNS Number:7356Y
Residential Mortgage Secs No.7 PLC
12 February 2001



To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
12-Feb-2001.

Issue:            Residential Mortgage Securities 7 PLC - Class M
                  #16,200,000 Mortgage Backed FRN Due 2038
ISIN NO:          XS0102820981                
Issue Nominal GBP:16,200,000.00
Period:           12-Feb-2001    To   11-May-2001     Payment Date: 11-May-2001
Number of Days:   88
Rate:             7.02891                        
Denomination GBP: 100,000.00
Amount Payable
Per Denomination: 1,694.64


Issue:             Residential Mortgage Securities 7 PLC - Class B
                   #8,000,000 Mortgage Backed FRN Due 2038
ISIN NO:           XS0102822177               
Issue Nominal GBP: 8,000,000.00
Period:            12-Feb-2001    To   11-May-2001     Payment Date: 11-May-2001
Number of Days:    88
Rate:              10.22891                       
Denomination GBP:  100,000.00
Amount Payable
Per Denomination: 2,466.15

From:
Steven Coutts                           Telephone 44 (0) 1202 34 1286
Capital Markets Fiduciary Services      Facsimile 44 (0) 1202 34 7438

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