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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 15

 CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF
THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
         SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

                             Commission File Number 333-13242

                           Granite Mortgages 01-1 plc
             (Exact name of registrant as specified in its charter)

           100 Wood Street, 5th Floor, London, United Kingdom EC2V 7EX
  (Address, including zip code, and telephone number, including area code, of
                    registrant's principal executive offices)

                  Class A1, Class A2, Class B, Class C, Class D
            (Title of each class of securities covered by this Form)

- --------------------------------------------------------------------------------
(Title of all other classes of securities for which a duty to file reports under
                        section 13(a) or 15(d) remains)

       Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:

        Rule 12g-4(a)(l)(i)   [box/_/]    Rule 12h-3(b)(l)(i)  [box/_/]
        Rule 12g-4(a)(l)(ii)  [box/_/]    Rule 12h-3(b)(l)(ii) [box/_/]
        Rule 12g-4(a)(2)(i)   [box/_/]    Rule 12h-3(b)(2)(i)  [box/x/]
        Rule 12g-4(a)(2)(ii)  [box/_/]    Rule 12h-3(b)(2)(ii) [box/_/]
                                          Rule 15d-6           [box/_/]

Approximate number of holders of record as of the certification or notice date:
under 300
- ------------------

Pursuant to the  requirements  of the  Securities  Exchange Act of 1934 (Name of
registrant as specified in charter) has caused this  certification/notice  to be
signed on its behalf by the undersigned duly authorized person.

Date:  December 31, 2002 By: /s/Clive Rakestrow,
                             representing LDC Securitisation Director No.1

Instruction:  This  form is  required  by Rules  12g-4,  12h-3  and 15d-6 of the
General Rules and  Regulations  under the  Securities  Exchange Act of 1934. The
registrant  shall file with the Commission three copies of Form 15, one of which
shall be manually signed.  It may be signed by an officer of the registrant,  by
counsel or by any other duly authorized person. The name and title of the person
signing the form shall be typed or printed under the signature.

PERSONS WHO RESPOND TO THE COLLECTION OF INFORMATION  CONTAINED IN THIS FORM ARE
NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL
NUMBER.

SEC 2069 (01-02)