Stashing the cash
Language: English Series: Property Week ; 73(17) 25 April 2008, 70-71(2)Publication details: 2008Subject(s): Summary: First of a five article series considers possible measures which can be taken by those involved in the property market to mediate the effects of the US-originated credit crunch. Shows that UK news in April is not promising. Examines the dilemma faced by the Bank of England over further interest rate cuts. Considers the possibility of future credit problems concerning mortgage lenders. Reports that many would welcome the opportunity to swap mortgage-backed assets for government bonds. Suggests that a two-year adjustment period may now be underway.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L143356 (Browse shelf(Opens below)) | 1 | Available | 143356-1001 |
First of a five article series considers possible measures which can be taken by those involved in the property market to mediate the effects of the US-originated credit crunch. Shows that UK news in April is not promising. Examines the dilemma faced by the Bank of England over further interest rate cuts. Considers the possibility of future credit problems concerning mortgage lenders. Reports that many would welcome the opportunity to swap mortgage-backed assets for government bonds. Suggests that a two-year adjustment period may now be underway.