Capital bank loan to the builders
Southern, M
Capital bank loan to the builders - 1991 - Law Society`s Gazette 88(27) 17 July 1991, 25-28 (4) .
Explains the structure of bank lending to the property industry; on what basis loans are calculated and how the risks of management of the fund, construction cost overruns, letting and sale of the asset are controlled. Defends banks on their high lending continuing into the collapse of the property market and places blame on the failure of valuers to foretell the market as well as on the 25-year lease structure with upwards-only reviews.
25-YEAR LEASES
BANKS
DEBT
HISTORIC VALUATIONS
LEASES
PROPERTY COMPANIES
PROPERTY FINANCE
RENT REVIEWS
UPWARD ONLY RENT REVIEWS
Valuation
Capital bank loan to the builders - 1991 - Law Society`s Gazette 88(27) 17 July 1991, 25-28 (4) .
Explains the structure of bank lending to the property industry; on what basis loans are calculated and how the risks of management of the fund, construction cost overruns, letting and sale of the asset are controlled. Defends banks on their high lending continuing into the collapse of the property market and places blame on the failure of valuers to foretell the market as well as on the 25-year lease structure with upwards-only reviews.
25-YEAR LEASES
BANKS
DEBT
HISTORIC VALUATIONS
LEASES
PROPERTY COMPANIES
PROPERTY FINANCE
RENT REVIEWS
UPWARD ONLY RENT REVIEWS
Valuation