Peril for industrial land loans
Series: Birmingham Post ; 8 December 2000, 27(1)Publication details: 2000Subject(s): Summary: Banks are being warned of the potential risks of lending large sums against the security of industrial land. Implications of the new Contaminated Land Regime mean that banks, on enforcing their security, could become liable for the total cost of decontaminating sites which have been polluted by past owners.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3649-12 (Browse shelf(Opens below)) | 1 | Available | 109901-1001 |
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Banks are being warned of the potential risks of lending large sums against the security of industrial land. Implications of the new Contaminated Land Regime mean that banks, on enforcing their security, could become liable for the total cost of decontaminating sites which have been polluted by past owners.