Welcome to the UKAR media centre

The media team handles enquiries on issues concerning UKAR and its subsidiary businesses. These include annual results, interim statements, corporate announcements, Board and senior management appointments and related issues.

Press releases

UK Asset Resolution announces successful sale of £13bn assets
13 Nov 2015
After a highly competitive six month bidding process, UK Asset Resolution Limited (UKAR) confirms that it has agreed to sell a £13bn asset portfolio to affiliates of Cerberus Capital Management LP (Cerberus). [Read More]
UKAR Interim Results Announcement 2015
29 Oct 2015
UK Asset Resolution Limited ('UKAR') which incorporates Bradford & Bingley plc ('B&B') and NRAM plc ('NRAM') today issues its interim results for the six months ended 30 September 2015 ('H1 2015/16'). [Read More]
NRAM plc v McAdam & Hartley – Court of Appeal decision in favour of NRAM
23 Jul 2015
NRAM notes the judgment made today by the Court of Appeal confirming that customers who took out unsecured loans of more than £25,000 under agreements that incorrectly stated these loans were regulated under the CCA, are not entitled to the same rights and remedies as those customers who took out loans that were regulated under the CCA. [Read More]
UKAR Annual Report & Accounts 2015
16 Jun 2015
UK Asset Resolution Limited ('UKAR') which incorporates Bradford & Bingley plc ('B&B') and NRAM plc (formerly Northern Rock (Asset Management) plc) ('NRAM') today issues its results for the 12 month period ended 31 March 2015. [Read More]
UKAR adopts Buy to Let statement of practice
10 Apr 2015
As a member of the Council of Mortgage Lenders, UKAR has recently adopted a new statement of practice for buy-to-let lending, designed to provide more clarity about how responsible lenders operate. The statement was released on 7 April 2015. [Read More]
UKAR Update
18 Mar 2015
Following the success of last year’s £2.7bn mortgage asset sale and against a background of supportive market conditions, in November 2014 UKAR appointed Credit Suisse to conduct a strategic review of options to accelerate repayment of the government loans whilst ensuring the stability and continuity of service to customers. [Read More]
NRAM plc v McAdam & Hartley – NRAM Board decides to appeal
06 Mar 2015
NRAM plc previously disclosed that it had commenced declaratory proceedings in the High Court to determine whether customers who took out unsecured loans above the Consumer Credit Act 1974 (CCA) regulated cap of £25,000 and that were written on CCA documentation are entitled to similar rights and remedies as those who took out loans that were regulated by the CCA. [Read More]
NRAM plc v McAdam & Hartley – NRAM Board Granted Leave to Appeal
18 Feb 2015
Following the decision today by the Appeal Court to grant leave to appeal, the NRAM Board is considering next steps and taking legal advice. [Read More]

For specific press releases for our subsidiaries, please visit:

NRAM  Bradford & Bingley and Mortgage Express