Overview

What we do

UKAR, the holding company for Bradford & Bingley plc (B&B) and NRAM Limited, was established on 1 October 2010 to facilitate the orderly management of the closed mortgage books of both B&B and NRAM, to maximise value for taxpayers.

The Executive team of UKAR is focused on achieving this one objective, whilst ensuring that both B&B and NRAM Limited continue to treat customers fairly, deliver consistently high levels of service and support those customers who are facing financial difficulty.

In addition, from 8 October 2013, UKAR Corporate Services (UKARcs) became responsible for the day to day administration of the Government's Help To Buy Mortgage Guarantee Scheme on behalf of HM Treasury.

On 1 December 2015 UKARcs also became responsible for the administration of the Government's Help to Buy ISA Scheme on behalf of HM Treasury.

How we work

UKAR is not authorised or regulated by the Financial Conduct Authority (FCA). UKAR does not deal with customers directly, who continue to be serviced through UKAR's subsidiary businesses. Both B&B and NRAM are individually authorised and regulated by the FCA.

UKAR's subsidiary business, UKARcs, operates entirely separately from UKAR's core function of servicing the loan books of B&B and NRAM.

Media Centre

Board Change
06 Apr 2017
The Boards of UK Asset Resolution Ltd, Bradford & Bingley plc and NRAM Ltd announce the appointment of Peter Norton as a Non-Executive Director of each Company, with immediate effect. [Read More]
UK Asset Resolution announces sale of Bradford & Bingley assets for £11.8 billion
31 Mar 2017
Bradford & Bingley plc (B&B), part of UK Asset Resolution (UKAR), today confirms that following an open and competitive process it has agreed to sell two separate asset portfolios comprising performing buy to let loans for a total of £11.8bn to Prudential plc and to funds managed by Blackstone. [Read More]