000			01230cab a2200313 4500
001			ABS44979
008			090401t1991 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u50163
041			_aeng
100			_aSouthern, M
245			_aCapital bank loan to the builders
260			_c1991
350			_a0
490			_aLaw Society`s Gazette _v88(27) 17 July 1991, 25-28 (4)
520			_aExplains the structure of bank lending to the property industry; on what basis loans are calculated and how the risks of management of the fund, construction cost overruns, letting and sale of the asset are controlled. Defends banks on their high lending continuing into the collapse of the property market and places blame on the failure of valuers to foretell the market as well as on the 25-year lease structure with upwards-only reviews.
650			_a25-YEAR LEASES
650			_aBANKS
650			_aDEBT
650			_aHISTORIC VALUATIONS
650			_aLEASES
650			_aPROPERTY COMPANIES
650			_aPROPERTY FINANCE
650			_aRENT REVIEWS
650			_aUPWARD ONLY RENT REVIEWS
650			_aValuation _96273
690			_aPROPERTY-PROPERTY FINANCE AND INVESTMENT
942			_n0
948			_c04/03/1997
999			_c31326 _d31326