Risky lending on property
Language: English Series: Estates Gazette ; (9902) 22 May 1999, 65(1)Publication details: 1999Subject(s): Summary: FPD Savills has warned that banks could be getting into risky lending on property by ignoring the implications of low inflation. Loan-to-value ratios of 90% are regularly offered, but with little rental and capital growth over a ten year term, depreciation and obsolescence can erode the value of property by as much as 40%.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3520-16 (Browse shelf(Opens below)) | 1 | Available | 93550-1001 |
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FPD Savills has warned that banks could be getting into risky lending on property by ignoring the implications of low inflation. Loan-to-value ratios of 90% are regularly offered, but with little rental and capital growth over a ten year term, depreciation and obsolescence can erode the value of property by as much as 40%.