| Heading: |
UK Asset Resolution: Mortgages |
| Question ID: |
1751378 |
| UIN: |
HL3614 |
| House: |
Lords |
| Date tabled: |
2024-12-18 |
| Asking Member ID: |
1864 |
| Asking Member display name: |
The Earl of Lytton
|
| Asking Member handle: |
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| Asking Member Twitter reference: |
The Earl of Lytton
|
| Member interest: |
false |
| Question text: |
To ask His Majesty's Government how many residential mortgages were handled by or on behalf of UK Asset Resolution in each 12-month period beginning with 1 July 2017; for each period what were (1) the number of compulsory repossessions and sales of underl |
| Is named day: |
false |
| Date of holding answer: |
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| Date answered: |
2025-01-06 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4559 |
| Answering Member display name: |
Lord Livermore
|
| Answering Member handle: |
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| Answering Member Twitter reference: |
Lord Livermore
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
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| Correcting Member Twitter reference: |
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| Answer text: |
UK Asset Resolution (UKAR) sold its former subsidiaries (Bradford and Bingley and NRAM, formerly part of Northern Rock) and the remaining mortgage assets of those subsidiaries in 2021. As a result neither UKAR nor HM Treasury can directly access the relev... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
14 |
| Answering body name: |
Treasury |
| Tweeted: |
true |