Friday, May 23, 2008
The screw tightens
FT: Banks get jitters on property lending
Bank lending to the property sector raced to record levels last year, before the market tightened as the credit crisis ended years of easy finance, according to the survey. Debt rose to a record £247bn in 2007, from £215bn in 2006, with some £200bn standing on the balance sheets of the lending banks.
Posted by rental john @ 01:28 PM (207 views) Add Comment
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