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Rothesay Life buys £860m UKAR equity release mortgage portfolio

Chancellor Philip Hammond has signed off the sale of an equity release mortgage portfolio ...

  • Sep 27, 2018
  • 0

Northern Rock mortgage account sale sees 100,000 miss out on rate cut

Hundreds of thousands of Northern Rock customers will not benefit from the Bank of England...

  • Aug 24, 2016
  • 0

TSB creates brand for historic Northern Rock mortgages

Lloyds Bank spin-off TSB has set up a new home for former Northern Rock mortgages and loan...

  • Jul 18, 2016
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Tyrie tells Osborne ‘get out of the mortgage business’

Treasury Committee chair Andrew Tyrie MP has urged George Osborne to ensure the government...

  • May 20, 2016
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Northern Rock customers protected from excessive SVR hike

Northern Rock customers are being protected from an excessive Standard Variable Rate (SVR)...

  • Jan 18, 2016
  • 1

Tyrie questions Baldwin over Northen Rock sale price

Andrew Tyrie, chairman of the Treasury Select Committee, has written to the economic secre...

  • Dec 16, 2015
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UKAR sells £13bn Northern Rock book to Cerberus: TSB to purchase £3.3bn

Northern Rock mortgages worth £13bn have been sold by UK Asset Resolution (UKAR) at a pre...

  • Nov 13, 2015
  • 0

Court reverses Northern Rock Together mortgage compensation decision

The Court of Appeal reversed a decision that would have led to compensation being paid to ...

  • Jul 24, 2015
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Government offloads £8.8bn from mortgage balance sheet

The government has sold off almost £50bn in total legacy mortgages from defunct lenders N...

  • Jun 16, 2015
  • 0

UKAR sells £2.7bn of ‘bad bank’ mortgages to JP Morgan

UK Asset Resolution has sold £2.7bn worth of mortgages to JP Morgan-led consortium Commer...

  • Oct 15, 2014
  • 0

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