Image from Google Jackets

A note of confidence

By: Language: English Series: Property Week ; 75(36) 4 September 2009, 22-24(3)Publication details: Subject(s): Summary: Lloyds Banking Group's first quarterly property confidence survey concludes that the gloom might be starting to lift. Lloyds Banking Group is the biggest lender to UK property. The survey reflects the views of the small and medium-sized companies making up the top quartile of the commercial property market. The improved sentiment coincides with the release of data showing that the property market has bottomed and is poised for a gentle upturn. The survey indicates that housebuilding is expected to be the best-performing sector over the next three months. Charts cover the responses to the survey questions.

Lloyds Banking Group's first quarterly property confidence survey concludes that the gloom might be starting to lift. Lloyds Banking Group is the biggest lender to UK property. The survey reflects the views of the small and medium-sized companies making up the top quartile of the commercial property market. The improved sentiment coincides with the release of data showing that the property market has bottomed and is poised for a gentle upturn. The survey indicates that housebuilding is expected to be the best-performing sector over the next three months. Charts cover the responses to the survey questions.