UK lenders see weak mortgage lending, but no wider credit crunch

April 13, 2023

BRITISH lenders expect to rein in the supply of new mortgages in the coming quarter, but there was scant sign of a wider credit crunch following recent stress in the global banking system, a Bank of England survey showed on Thursday (Apr 13).

Written by: sherwin@eyeconz.com

Real Estate News April 13, 2023

China home builder Country Garden gets HK$900 million private loan

COUNTRY Garden Holdings, one of China’s biggest property developers, has obtained a HK$900 million (S$152 million) loan from a private lender to refinance a bank loan, two people familiar with the matter said.

Swedish home construction set to plummet this year, Nordea says

SWEDISH home construction is likely to plummet in the wake of falling housing prices, weighing heavily on the Nordic country’s economy, Nordea Bank Abp said in an outlook report.

Real Estate News May 9, 2023

New York’s smallest businesses face big rental hikes

THREE years after the pandemic flattened the Manhattan office market and the commercial ecosystem that depended on it, small businesses in the other boroughs are facing the biggest rent increases in the city. The burden is landing mostly on store owners in predominantly Black, Latino and Asian neighbourhoods, according to a new analysis of Department [...]

Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!

UK lenders see weak mortgage lending, but no wider credit crunch

Previous post

China home builder Country Garden gets HK$900 million private loan

Similar posts

Swedish home construction set to plummet this year, Nordea says

New York’s smallest businesses face big rental hikes

Begin with First Contact.

Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!