Article: Rock fall hits equity-release sales.(Northern Rock PLC)(Financial report)

Article: Equity release sales stall - CML.
Financial Adviser;  March 27, 2008 ;     700+ words ... ... lifetime mortgages had only risen marginally in value since 2003 from GBP1.24bn to GBP1.26bn in 2007. The withdrawal of Northern Rock, a major equity release player, led to a dip in the value of new sales during the final quarter of last year from GBP339m ...

Article: Summer sun should shine on equity release sales.
Mortgage Adviser;  May 14, 2008 ;     700+ words ... ... cases take up to three months to complete, this fall reflects market movements at the end of 2007 when the credit crunch and Northern Rock had the most effect on consumer confidence. So what is the market actually doing right now? Well, since this minor dip ...

Article: Northern Rock suitors 'will not get guarantees from ...
The Independent - London;  September 17, 2007 ;     700+ words ... ... on By Sean FarrellFinancial Editor Northern Rock's future as a viable business hangs ... bidders. Lloyds TSB came close to buying Northern Rock at the start of last week but the deal ... The Bank of England last week backed Northern Rock by offering funding at a penal rate ...

Article: The Northern Rock auction: what a fiasco
The Independent on Sunday;  November 18, 2007 ;     700+ words ... ... just who is running the auction for Northern Rock? Is it the beleaguered bank's board ... Certainly not the bidders to buy Northern Rock, which include some American private ... situation is not helped by the fact that Northern Rock's three advisers by all accounts ...

Article: Northern Rock customers in run on the bank
Yorkshire Post;  September 14, 2007 ;     700+ words ...PANICKED Northern Rock customers have been queuing up to ... streets have been replicated outside Northern Rock branches throughout the UK despite ... support "reflected a recognition that Northern Rock is solvent". Commentators have ...

Article: Chancellor: Northern Rock split imminent
The Northern Echo;  October 24, 2009 ;     700+ words ...PLANS to split Northern Rock are to be approved next week with ... Gosforth, Newcastle, warned that Northern Rock must learn from mistakes made in ... right to step in and nationalise Northern Rock, despite taking "a lot of stick ...

Article: Northern Rock bolstered by sale of equity release ...
The Independent - London;  January 12, 2008 ;     700+ words ...Northern Rock is to make its first repayment of ... Bank of England to reduce the size of Northern Rock's funding position. The sale of ... represents around 2 per cent of Northern Rock's assets, raising the hope that ...