Market marches past lending milestone
Series: EuroProperty ; December 2000/January 2001, 17(1)Publication details: 2000Subject(s): Summary: Bank of England data indicates that the UK property market has reached another milestone. During the first 3Qs of 2000 lending to the property industry from regulated banks reached a record £51.7bn. This equals the last peak in the market in 1989, and DTZ Research predicts lending will reach £75bn by the end of 2000. However, suggests there are few fears among UK industry players that the banks are once again fuelling an unhealthy 1980-style development boom. Graphs.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3648-09 (Browse shelf(Opens below)) | 1 | Available | 109839-1001 |
Bank of England data indicates that the UK property market has reached another milestone. During the first 3Qs of 2000 lending to the property industry from regulated banks reached a record £51.7bn. This equals the last peak in the market in 1989, and DTZ Research predicts lending will reach £75bn by the end of 2000. However, suggests there are few fears among UK industry players that the banks are once again fuelling an unhealthy 1980-style development boom. Graphs.