Welcome to UKAR

UK Asset Resolution Limited (UKAR) is the holding company established to bring together the government-owned businesses of Bradford & Bingley plc (B&B) and NRAM plc.

Together, the combined organisation supports around 435,000 customers with £58 billion of loans, with over 2,000 colleagues based at its main sites in West Yorkshire and the North East.

UK Financial Investments Limited (UKFI) manages HM Treasury’s 100% shareholding in UKAR Limited.

On 8 October 2013 UKAR Corporate Services Limited (UKARcs), a subsidiary business of UKAR, became responsible for the administration of the Government's Help to Buy Mortgage Guarantee Scheme on behalf of HM Treasury.

Media Centre

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]