Brown wades into Rock row
Updated on 17 October 2008
Northern Rock denies it's aggressively taking back the homes of those in mortgage arrears and the government denies any day-to-day input.
It's the only fully nationalised bank. So should Northern Rock be repossessing homes at a faster rate than some other lenders?
The bank's chairman, Ron Sandler, said it was operating the same policy as it did before it was nationalised.
And Gordon Brown insists the bank is run "at arms length" from the government.
But some homeowners believe the Rock is taking a tough new line.
Rock and a hard place
- Northern Rock repossessions 0.56 per cent of stock (Jan-Jun 2008)
- Indsutry average 0.16 per cent
