Northern Rock plc
Northern Rock plc (Northern Rock) is a privately held banking firm, engaged in providing residential mortgage loans and retail savings in the UK. Its core mortgage lending business comprises more than 90% by value of the total loans and advances. It also provides portfolio of personal unsecured loans and secured commercial loans. Northern Rock offers its products and services through a distribution network of postal, telephone and internet operations across the UK. In addition, the company distributes a range of household insurance and payment protection products mainly to the residential mortgage customers. Northern Rock operates its business in Ireland, Denmark and UK through its branches. The company is headquartered at Gosforth in Newcastle upon Tyne, the UK.