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Treasury sells 66,000 UKAR loans to inactive lender Citi

Two portfolios of former Northern Rock mortgages have been sold to investment bank Citi in...

  • Apr 02, 2019
  • 0

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

Bradford and Bingley mortgages to be sold for £11.8bn

The government has sold its Bradford and Bingley loans book acquired during the financial ...

  • Mar 31, 2017
  • 0

Mortgage complaints rise for eight out of 10 worst offender lenders

Eight of the top 10 mortgage lenders with the most complaints have seen a rise in the numb...

  • Sep 06, 2016
  • 12

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
  • 0

Pepper takes on servicing of UKAR and NRAM mortgage portfolios

Mortgage administrator Pepper has been appointed to service two securitisation issues cont...

  • Nov 05, 2014
  • 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

UKAR returns £6.2bn to govt. as mortgage book shrinks

UK Asset Resolution (UKAR) has paid a further £6.2bn back to the government as it continu...

  • Jun 03, 2014
  • 0

Virgin Money refunds interest to 1,000 mortgage customers

Around 1,000 of Virgin Money’s former Northern Rock customers have been refunded interes...

  • Jun 26, 2013
  • 0

UKAR makes £1bn profit; repays £2bn to taxpayers in 2011

Taxpayer-owned UK Asset Resolution (UKAR), made up of bailed out banks Bradford & Bingley ...

  • Mar 02, 2012
  • 0

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