one in twenty "together" mortgages in arrears

(click on the table for a larger image)

I cut this table out of the Northern Rock annual report. It tells us three things;

Arrears on NRK loans are significantly higher than industry averages;

Arrears rates are getting worse;

Almost 1 in 20 "together" mortgages are in arrears.

The NRK loan book is rotten, and it belongs to the UK taxpayer.