Welcome to UKAR

UK Asset Resolution Ltd (UKAR) is wholly owned by HM Treasury (HMT) whose shareholding is managed by UK Government Investments (UKGI).

UKAR is responsible for meeting certain obligations and managing the remaining liabilities and other strategic matters arising out of the Government’s former ownership of NRAM Ltd (NRAM), Bradford & Bingley (B&B) and Mortgage Express (MX).

PricewaterhouseCoopers LLP (PwC) is UKAR’s outsourced services provider. UKAR has no employees.

More background information on UKAR, NRAM, B&B and MX is set out below. UKAR sold NRAM, B&B and MX in 2021 and these companies entered liquidation on 10 December 2025. Whilst these companies are no longer owned by UKAR, for a period of time currently expected to be not less than two years after the dissolution of NRAM, B&B and MX, UKAR has agreed to handle certain customer queries or complaints in place of the relevant company.

If you have a query or complaint relating to your former NRAM, B&B or MX account, please see the section of our website: Options for former customers of NRAM, B&B and MX.