Northern Rock is currently the UK’s fifth largest mortgage lender, and the North East’s largest financial institution. Northern Rock Building Society was formed in 1965 and converted into a public limited company in October 1997. It provides mortgages, savings, credit cards and the Northern Rock loan.
Northern Rock offers two types of personal loan – secured and unsecured. The unsecured loan gives you a fixed interest rate, and you can spread repayments over ten years if you wish. If you choose the express service option, your unsecured loan can be in your bank account on the same day Northern Rock receives your loan documents.
The Northern Rock secured loan is available exclusively for Northern Rock mortgage customers. You can borrow up to 95% of the value of your home (mortgage and secured loan combined). Northern Rock also offers payment protection insurance to cover your payments against illness, accidents and redundancy.
