UK property backers pulling out

first_img whatsapp KCS-content UK property backers pulling out Tags: NULL Sunday 27 February 2011 11:59 pm More than a third of lenders who backed UK property have pulled out since 2007, according to a new report from CB Richard Ellis (CBRE). The property consultancy says there are 107 senior lenders with a commercial real estate loan book in the UK, but only 69 are still actively lending. The growing shortage of debt to the property sector is expected to get worse in the next year, with the introduction of Basel III rules on banking capital. CBRE predicts non-traditional lenders such as insurance companies will become more involved in the sector. whatsapp Share Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Show Comments ▼last_img read more