Capital bank loan to the builders
Language: English Series: Law Society`s Gazette ; 88(27) 17 July 1991, 25-28 (4)Publication details: 1991Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS44979 (Browse shelf(Opens below)) | 1 | Available | 50163-1001 |
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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.