Thursday, April 23, 2009
Has anyone told Gordon & Alistair!!!
Nationalised bank Northern Rock reported a sharp rise in lending arrears in the first three months of 2009, blaming continued difficult conditions in the mortgage and housing markets. Northern Rock said on Thursday accounts more than three months in arrears accounted for 3.67 percent of its loan book at the end of March, up from 2.92 percent three months earlier.