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Banks reduce property loans
lemonjelly
Posts: 8,014 Forumite
http://www.bbc.co.uk/news/uk-scotland-scotland-business-16549485
Loans for commercial properties halted.
Interesting.
Looks like commercial investments are going downwards.
Commercial rents are probably too high anyway, & there appears to be an increased number of vacant units available - this may rise in the next 2 months too.
Wonder of the household lending will get halted too?
Loans for commercial properties halted.
Interesting.
Looks like commercial investments are going downwards.
Commercial rents are probably too high anyway, & there appears to be an increased number of vacant units available - this may rise in the next 2 months too.
Wonder of the household lending will get halted too?
It's getting harder & harder to keep the government in the manner to which they have become accustomed.
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Comments
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Banks are repositioning themselves. As capital requirements tighten then allocation of lending resource will become ever more targeted. With banks not lending in given areas at all. That way can reduce headcount to, by discarding entire business units.0
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lemonjelly wrote: »http://www.bbc.co.uk/news/uk-scotland-scotland-business-16549485
Loans for commercial properties halted.
Interesting.
Looks like commercial investments are going downwards.
Commercial rents are probably too high anyway, & there appears to be an increased number of vacant units available - this may rise in the next 2 months too.
Wonder of the household lending will get halted too?
This might be good timing for me as I am thinking about investing in commercial property when interest rates go back up.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0
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