11 November 2019
On 2 April 2019, UKAR announced the sale of NRAM residential owner-occupied mortgages and unsecured loans to Citi. The final stage of this transaction is now complete and legal title to the loans included in the sale have been transferred. Citi appointed Topaz Finance Ltd (Topaz), an FCA regulated firm, to hold legal title to […]
Read more15 July 2019
On 26 April 2018, UKAR announced the sale of two separate portfolios of buy to let and owner occupied mortgages to an investor group led by Barclays Bank plc. The final stage of this transaction is now complete and legal title to the loans included in the sale have been transferred. Barclays Bank plc have […]
Read more5 June 2019
UK ASSET RESOLUTION LIMITED ANNUAL RESULTS ANNOUNCEMENT UKAR COMPLETES REPAYMENT OF £48.7BN GOVERNMENT LOANS1 UK Asset Resolution Limited (‘UKAR’) which incorporates Bradford & Bingley plc (‘B&B’) and NRAM Ltd (‘NRAM’) today issues its results for the year ended 31 March 2019 (‘2018/19′). UKAR’s mission is to maximise value for the taxpayer, whilst serving our customers […]
Read more2 April 2019
Following an open and competitive process, NRAM Ltd (NRAM) part of UK Asset Resolution Limited (UKAR), today confirms that it has agreed to sell two separate portfolios of residential owner-occupied mortgages and unsecured loans to Citi for a total of £4.9bn. The majority of financing for the transaction is being provided by PIMCO. Financial completion […]
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