Welcome to UKAR
UK Asset Resolution Limited (UKAR) is the holding company established on 1 October 2010 to bring together the Government-owned businesses of Bradford & Bingley plc (B&B) and Northern Rock (Asset Management) plc (NRAM).
Together, the combined organisation supports around 491,000 customers with £64.3 billion of loans, with some 2,250 colleagues based at its main sites in West Yorkshire and the North East.
UK Financial Investments Limited (UKFI) manages HM Treasury’s 100% shareholding in UKAR Limited.
On 8 October 2013 UKAR Corporate Services Limited (UKARcs), a subsidiary business of UKAR, became responsible for the administration of the Government's Help to Buy Mortgage Guarantee Scheme on behalf of HM Treasury.