Banks share pain of the property crisis
Banks share pain of the property crisis
- 1992
- Independent 2 April 1992, 29 Times 3 April 1992, 25 Estates Gazette (9212) 28 March 1992 64 Independent on Sunday 5 April 1992, 4(4) .
Banks are incurring huge losses as the fall in property values reduces the value of investments, a process which has also led to £40bn of bad debt in the building industry. The effect on values of the proposed contaminated land registers is also considered.
BANK LENDING
BANKS
CONTAMINATED LAND REGISTERS
CONTAMINATED LAND
LAND VALUES
LENDING
PROPERY COMPANIES
Banks are incurring huge losses as the fall in property values reduces the value of investments, a process which has also led to £40bn of bad debt in the building industry. The effect on values of the proposed contaminated land registers is also considered.
BANK LENDING
BANKS
CONTAMINATED LAND REGISTERS
CONTAMINATED LAND
LAND VALUES
LENDING
PROPERY COMPANIES