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UK real estate debt a problem for the borrowers and the banks [electronic resource]

By: Language: English Series: IPF Research Programme Short Papers Series ; (1) July 2009Publication details: London IPF 2009Subject(s): LOC classification:
  • 333.32 $2 18
Online resources: Summary: Suggests that banks are acting to cleanse their loan books, and predicts that although there will not be a large amount of property coming on to the market, banks will be forced to act as the number of defaults and sales increases. Argues that, for banks, it is of prime importance to avoid crystallising losses on loans and that they will therefore follow five to 10 year workout process. Suggests that this will mean that UK investment market could remain stagnant for some time.
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Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 148184-2001

Suggests that banks are acting to cleanse their loan books, and predicts that although there will not be a large amount of property coming on to the market, banks will be forced to act as the number of defaults and sales increases. Argues that, for banks, it is of prime importance to avoid crystallising losses on loans and that they will therefore follow five to 10 year workout process. Suggests that this will mean that UK investment market could remain stagnant for some time.

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