Exhibit 34.1

             Report of Independent Registered Public Accounting Firm

The Board of Directors
Bank of Scotland plc:

We have examined management's assessment, included in the accompanying Report on
Assessment of Compliance with Servicing Criteria, that Bank of Scotland plc (the
"Company") complied with the servicing criteria set forth in Item 1122(d) of the
Securities and Exchange Commission's Regulation AB for residential
mortgage-backed securities transactions of Permanent Master Issuer plc (the
"Platform"), except for servicing criteria 1122 (d)(1)(ii),(iii) and (iv),
(d)(2)(iii), (d)(4)(x) and (xii) which the Company has determined are not
applicable to the activities it performs with respect to the Platform as of and
for the year ended 31 December 2007. Appendix A to the accompanying Report on
Assessment of Compliance with Servicing Criteria identifies the individual
asset-backed transactions and securities defined by management as constituting
the Platform. Management is responsible for the Company's compliance with those
servicing criteria. Our responsibility is to express an opinion on management's
assessment about the Company's compliance based on our examination.

Our examination was conducted in accordance with the standards of the Public
Company Accounting Oversight Board (United States) and, accordingly, included
examining, on a test basis, evidence about the Company's compliance with the
servicing criteria specified above and performing such other procedures as we
considered necessary in the circumstances. Our examination included testing
selected asset-backed transactions and securities that comprise the Platform,
testing selected servicing activities related to the Platform, and determining
whether the Company processed those selected transactions and performed those
selected activities in compliance with the servicing criteria. Furthermore, our
procedures were limited to the selected transactions and servicing activities
performed by the Company during the period covered by this report. Our
procedures were not designed to determine whether errors may have occurred
either prior to or subsequent to our tests that may have affected the balances
or amounts calculated or reported by the Company during the period covered by
this report for the selected transactions or any other transactions. We believe
that our examination provides a reasonable basis for our opinion. Our
examination does not provide a legal determination on the Company's compliance
with the servicing criteria.

In our opinion, management's assessment that the Company complied with the
aforementioned servicing criteria as of and for the year ended 31 December 2007
is fairly stated, in all material respects.

KPMG Audit Plc

Leeds, England
19 March 2008