What we do
UKAR has been established 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 manages both organisations focusing on this common objective, whilst ensuring that both companies continue to treat customers fairly, deliver consistently high levels of service and support those customers who are facing financial difficulty.
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 the subsidiary businesses of B&B and NRAM. Both B&B and NRAM are individually authorised and regulated by the FCA.
UK Asset Resolution welcomes FCA focus on Interest Only mortgages
02 May 2013
UK Asset Resolution (UKAR) welcomes the recommendations from the Financial Conduct Authority (FCA) to focus on consumers’ ability to repay their interest only mortgages when they mature.
UKAR Annual Report & Accounts 2012
28 Mar 2013
UK Asset Resolution Limited (“UKAR”) which incorporates Bradford & Bingley plc (“B&B”) and Northern Rock (Asset Management) plc (“NRAM”) today issues its Annual Report & Accounts for the year ended 31 December 2012.
Key corporate information about UKAR for media and stakeholders.
Download our most recent fact sheet.