The point on no return
Language: English Series: Property Week ; 72(23) 25 May 2007, 101-122(8)Publication details: 2007Subject(s): Summary: Discusses levels of property lending, reporting that lending has reached a new high. Questions whether this trend is sustainable in light of yields being below the cost of borrowing and with underlying UK property fundamentals eroding in the last year. Graphs depict allocation of drawn and undrawn funding by category of lender, average interest rate margins for different sectors, annual amount of completed securitisations, a comparison of loan to value ratio, average maximum loan to value ratios for different sectors, and allocation of development finance between fully prelet and speculative commercial development.| Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
| Book | London Books | L138330 (Browse shelf(Opens below)) | 1 | Available | 138330-1001 |
Discusses levels of property lending, reporting that lending has reached a new high. Questions whether this trend is sustainable in light of yields being below the cost of borrowing and with underlying UK property fundamentals eroding in the last year. Graphs depict allocation of drawn and undrawn funding by category of lender, average interest rate margins for different sectors, annual amount of completed securitisations, a comparison of loan to value ratio, average maximum loan to value ratios for different sectors, and allocation of development finance between fully prelet and speculative commercial development.