Northern Rock Video Investigates Money Worries
Released on: November 28, 2011, 1:09 pm
Northern Rock's latest video has put consumers in the
spotlight as they reveal that by far their biggest money worry is
paying the mortgage each month.
The bank took to the streets to find out what concerns people most about their
finances, and the overwhelming majority of consumers confirmed their mortgage
payment was their biggest financial worry.
As recent research undertaken by Northern Rock showed, many UK mortgage borrowers
coming to the end of their fixed rate deal could be better off if they took a
mortgage with Northern Rock. The bank is confident it can help reduce this concern
for customers, and put them back in control of their finances.
Lloyd Cochrane, Head of Lending Products at Northern Rock said: "Fixed rate pricing
across the market is at an all-time low and we continue to offer some very
attractive deals, as well as our Freedom to Fix option, a Tracker which gives
customers the opportunity to fix if interest rates should start to rise.
"We believe we can help many of these consumers to reduce their anxiety over their
monthly mortgage payment by helping them find a Northern Rock mortgage that works
for them. Whether you'd like the security of knowing what your payment will be for
the next two years or you’re looking for more flexibility, we’re sure we have an
option to suit you."
More information on Northern Rock's current range of mortgages can be found at its award-winning
mortgages website, located at
The site also includes a range of interactive tools, such as a jargon buster, budget
planner and mortgage calculator, to help take the
complexity out of selecting the right mortgage.
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About Northern Rock:
Northern Rock plc is a bank, authorised by the FSA as a deposit taker and mortgage
lender from 1 January 2010. It offers savings accounts, including an ISA, to customers in the UK
and Ireland and mortgage products to UK borrowers. New products are offered through
both direct channels - including a national branch network - and mortgage
Northern Rock continues to operate within the compensatory measures agreed with the
EC as part of the State Aid approval announced in October 2009.
About the BITC Awards:
In June 2011, Northern Rock was awarded a national Big Tick Award in Business in the
Community’s Awards for Excellence, in the category of Building Stronger Communities.
The BITC Awards identify and celebrate companies having a positive impact on the
community, environment, marketplace and workplace. The Big Tick winners demonstrate
significant impact and high quality management of their responsible business
practices and can show a positive impact both on society and on the business. Now in
their 14th year, they are the UK’s leading awards for responsible business practice.
Business in the Community stands for responsible business. More information can be
found at www.bitc.org.uk.
The Jaguar Land Rover Building Stronger Communities Award recognises companies that
are investing in the communities in which they operate and those in greatest need,
achieving sustainable impact on key social issues in these areas.
Northern Rock House
Newcastle upon Tyne
0191 279 4676
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