Northern Rock still lending to high risk customers

U.K bank, Northern Rock, is struggling to win new mortgage business.

The bank is continuing to sell its controversial 125% mortgage and personal loan package, which means it has not yet scrapped its high risk lending rules.

Home buyers are still able to borrow up to six times their annual income from Northern Rock.

Most lenders have tightened their lending rules in the aftermath of Northern Rock's bailout by the government more than a fortnight ago.

Mainstream banks and building societies have targeted safer customers with higher credit scores.