NRAM - formerly Northern Rock

by , 23 Feb 2012
Northern Rock Mortgages
All mortgages are on the UK's highest SVR with no other products

This is a Government owned company ie owned by us the tax payer ! They offer no products for their mortgages except a standard variable rate which is currently 6.29% - nearly double the % of most UK lenders
Most of NRAMs customers cannot move to another institution as their circumstances have changed or their credit ratings are not unblemished - many through not fault of their own
The directors of NRAM should be jailed for fraud and deception as far as I am concerned, because they do nothing but rip people off !
Many of NRAMs customers have arrears and despite the government continually saying they are helping people you are financially struggling, they charge these high percentage rates

Customer Service:
Average, could be better
Flexibility & Fairness:
Terrible
Product Features:
Terrible
Value For Money:
Terrible


Responses

add your response here

Posts within the money.co.uk community represent the views, experiences and opinions of members and experts only. They should not be taken as financial advice and should not be followed without further research.

More Reviews on Mortgages