The bank said bad loans meant it would make a loss this year Nationalised bank Northern Rock has said it is making "good progress" in restructuring its finances. The bank said gross mortgage lending rose to £1bn in the three... [read full story]
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Better trading for mortgage lender Northern Rock Mortgage lender Northern Rock claimed today that its prospects are improving despite an increase in the number of customers who have fallen into mortgage arrears . The bank,...
Francis Elliott and Suzy Jagger The Treasury expects Northern Rock to lose retail deposits worth billions of pounds once the Government removes financial guarantees from the state-owned lender in the spring. The Times has...
Northern Rock, the nationalised bank, has cut its mortgage rates for the fourth time in just over a month. Northern Rock's new rate of 2.59pc puts it at the top of the best buy tables for two-year variable rate deals Photo:...
Nationalised bank Northern Rock today cut its mortgage rates for the fourth time in just over a month. The group is slashing rates on 13 of its fixed rate and tracker products, reducing them by up to 0.5%, while it is also...
Updated on 05 November 2009 Source PA News Nationalised bank Northern Rock has cut its mortgage rates for the fourth time in just over a month. The group is slashing rates on 13 of its fixed rate and tracker products, reducing...
State-owned bank Northern Rock increased lending in the last three months to GBP1bn as it attempted to meet its government-set target of providing GBP 4bn of mortgages this year. In the first half it lent GBP1.3bn. Gary...
The government will have to pay back £445m to Northern Rock after charging the bank too much interest on loans it gave to rescue the group. As part of the European Commission's agreement to the state aid bailout package of the...
Nov 5 2009 by Karen Dent, The Journal NORTHERN Rock says it is making “good progress” in restructuring its finances ahead of being split up as the mortgage market picks up. In its third quarter trading update, released...
Northern Rock has announced that its performance has improved “against a challenging economic background”. In an update on the third quarter of the year, the nationalised lender said it continues to make good progress in...
Mortgage lending at Northern Rock accelerated to £1 billion in the third quarter as the company moved toward its new target. The lender added it would continue to increase lending in 2010 to hit its £9 billion goal in a third...
Mortgages & Home Equity Loans, Consumer Loans, Finance, Banking & Insurance, Banking, Loans & Financing, Mortgage, Northern Rock
