Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will publish unredacted data on (a) the interest revenue produced by the former Northern Rock mortgage book in public ownership, (b) the overall revenue produced by that book including revenue from redemptions, (c) the level of arrears at (i) one month or more and (ii) three months or more as a percentage of the overall balance of that book and (d) the average loan-to-value ratio of that book at (A) monthly and (B) quarterly intervals from the date Northern Rock was nationalised.
NRAM publishes detailed information on its asset portfolios and revenue in its annual report and accounts – these reports are available at https://www.ukar.co.uk/nram/nram-financial-results/2019.
UKAR regularly publishes a corporate factsheet on its overall portfolio and financial position – the latest edition of this update is available on UKAR’s website at https://www.ukar.co.uk/~/media/Files/U/Ukar-V3/documents/ukar-factsheet-05-06-2019.pdf