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UK lenders take on riskier loans

Series: Financial Times ; 27 April 2001, 38(2)Publication details: 2001Subject(s): Summary: A report by the Department of Land Management, De Montfort University has shown that £64.16bn in property loans were outstanding at the end of 3Q 2000, nearly 30% higher than the official figure of £51.6bn from the Bank of England. 85% of lenders surveyed intended to increase real estate lending, whilst the number prepared to provide finance for speculative development has also risen, to 37%.

A report by the Department of Land Management, De Montfort University has shown that £64.16bn in property loans were outstanding at the end of 3Q 2000, nearly 30% higher than the official figure of £51.6bn from the Bank of England. 85% of lenders surveyed intended to increase real estate lending, whilst the number prepared to provide finance for speculative development has also risen, to 37%.