Rise in property loans seen as a good sign for UK real estate market in 2010

Discussion in 'UK Property' started by Nicholas Wallwork, Jan 6, 2010.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]Property loan approvals in the UK are at their highest since March 2008 and will help the real*estate recovery in 2010, it is claimed.

    The Bank of England's latest survey of credit conditions in the UK shows that lenders reported*an increase in credit availability for borrowers with loan to value ratios above 75% in the fourth*quarter of 2009 whilst the maximum loan to value ratio rose for the first time in over two years.



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  2. Prop-erty

    Prop-erty New Member

    That is wonderful. The banks are also being more lenient overall imho, which is helping.
     
  3. Eagles009

    Eagles009 New Member

    Rise in Property Loans

    With the Recession almost over, there is a huge turnaround to be watched for.
    But, property Loans are suddenly getting rised away and this should be under control
    and kept under some scanner.
     
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