000 01269cad a22002295a 4500
001 E148184
008 090812s2009 xxk f 000 0 eng d
035 _a(Sirsi) u148184
041 0 _aeng
050 0 4 _a333.32 $2 18
100 2 _aPhillips, Mike
245 0 0 _aUK real estate debt
_ba problem for the borrowers and the banks
_h[electronic resource]
260 _aLondon
_bIPF
_c2009
490 0 _aIPF Research Programme Short Papers Series
_v(1) July 2009
520 _aSuggests that banks are acting to cleanse their loan books, and predicts that although there will not be a large amount of property coming on to the market, banks will be forced to act as the number of defaults and sales increases. Argues that, for banks, it is of prime importance to avoid crystallising losses on loans and that they will therefore follow five to 10 year workout process. Suggests that this will mean that UK investment market could remain stagnant for some time.
521 _aAdvanced
590 _aKA
651 4 _aUnited Kingdom
_y
690 _aPROPERTY-PROPERTY MARKET
856 4 0 _uhttps://www.ipf.org.uk/mainwebsite/generalcontent8ffa20e881efb5fc6521db79.aspx?map=45a31affcaabd4cd2073ff3a0b2d2cca
_zView the item free of charge at www.ipf.org.uk...
942 _n0
999 _c109940
_d109940