UK Asset Resolution

UKAR, the holding company for Bradford & Bingley plc (B&B) and NRAM Limited, was established on 1 October 2010 to facilitate the orderly management of the closed mortgage books of both B&B and NRAM, to maximise value for taxpayers.

The Executive team of UKAR is focused on achieving this one objective, whilst ensuring that both B&B and NRAM Limited continue to treat customers fairly, deliver consistently high levels of service and support those customers who are facing financial difficulty.

In addition, from 8 October 2013, UKAR Corporate Services (UKARcs) became responsible for the day to day administration of the Government's Help To Buy Mortgage Guarantee Scheme on behalf of HM Treasury.