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Banks to seek RICS advice

Language: English Series: Estates Times ; (1174) 1 February 1993, 1(1)Publication details: 1993Subject(s): Summary: The RICS is to meet top level Bank of England officials to try to avoid the potential problem of large scale property disposals by banks if there is an upturn in the economy. Fears are growing that the mass disposal of properties now in banks` hands could deepen the recession by depressing property values further.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB2905-12 (Browse shelf(Opens below)) 1 Available 42926-1001

The RICS is to meet top level Bank of England officials to try to avoid the potential problem of large scale property disposals by banks if there is an upturn in the economy. Fears are growing that the mass disposal of properties now in banks` hands could deepen the recession by depressing property values further.