News

UKAR has now completed a sale of mortgages originated by Northern Rock to US private equity giant Cerebus. This reflects a ground breaking deal for UKAR and provides clear evidence that they do not intend to be medium or long term holders of the lending institutions they are now responsible for (e.g. Northern Rock, Bradford… Read more

The post UKAR sale of Northern Rock mortgages to Cerebus for £13bn – What does this mean? appeared first on Property118.com.