27 September 2018
UK Asset Resolution Limited (UKAR), the holding company for Bradford & Bingley plc (B&B) and NRAM Ltd (NRAM), has concluded a competitive sales process for the sale of an £860m portfolio of equity release loans to Rothesay Life Plc. This portfolio comprises equity release mortgages from the legacy books of NRAM, B&B and Mortgage Express […]
Read more31 July 2018
The Boards of UK Asset Resolution Ltd, Bradford & Bingley plc and NRAM Ltd announce the appointment of Holger Vieten as a Non-Executive Director of each Company, with immediate effect. Mr Vieten has been appointed by UK Government Investments Ltd (“UKGI”) to manage HM Government’s shareholdings in the aforementioned companies and replaces Mr Peter Norton who, […]
Read more3 July 2018
UK Asset Resolution Ltd (UKAR) today announces that Peter Norton, a Non-Executive Director appointed by UK Government Investments Ltd (UKGI), has stepped down as director of UKAR, Bradford & Bingley plc and NRAM Limited. In accordance with the Large and Medium Sized Companies and Groups (Accounts and Reports) (Amendment) Regulations 2013, we can confirm he […]
Read more26 June 2018
UK ASSET RESOLUTION LIMITED ANNUAL RESULTS ANNOUNCEMENT CONTINUING PROGRESS IN REDUCING THE BALANCE SHEET 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 2018 (‘2017/18′). UKAR’s mission is to maximise value for the taxpayer, whilst serving our customers […]
Read more26 April 2018
Following an open and competitive process, Bradford & Bingley plc (B&B), part of UK Asset Resolution Limited (UKAR), today confirms that it has agreed to sell two separate portfolios of buy to let and residential owner-occupied mortgages to an investor group led by Barclays Bank PLC for a total of £5.3bn. Financial completion is expected […]
Read more19 February 2018
As announced in March 2017, Bradford & Bingley plc (part of UK Asset Resolution Limited), sold two separate asset portfolios comprising performing buy to let loans to Prudential plc and to funds managed by Blackstone. The final stage of this transaction is now complete and the legal title to the loans included in the sale […]
Read more30 November 2017
UKAR BALANCE SHEET REDUCES BY A FURTHER £13.2 BILLION UK Asset Resolution Limited (‘UKAR’) which incorporates Bradford & Bingley plc (‘B&B’) and NRAM Limited (‘NRAM’) today issues its interim results for the six months ended 30 September 2017 (‘H1 2017/18’). UKAR’s mission is to maximise value for the taxpayer, whilst serving our customers well and […]
Read more4 July 2017
UK ASSET RESOLUTION LIMITED RESULTS ANNOUNCEMENT SUBSTANTIAL PROGRESS IN REDUCING THE BALANCE SHEET 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 2017 (‘2016/17′). UKAR’s mission is to maximise value for the taxpayer, whilst serving our customers well […]
Read more27 June 2017
UK Asset Resolution Ltd (“UKAR”) announces that Michael Buckley has today retired from his role as Non-Executive Director from the Boards of UKAR, Bradford & Bingley plc and NRAM Limited. Mr Buckley will be succeeded by Brendan Russell who will take up his position on the Boards with immediate effect. Mr Russell brings a wealth […]
Read more6 April 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. Mr Norton has been appointed by UK Financial Investments Ltd (“UKFI”) to manage HM Government’s shareholdings in the aforementioned companies and replaces Mr David Lunn who, […]
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