| The introduction of the 'slotting' regime in the UK will force further de-leveraging of banks’ property loan books, according to a study by IPD. The result will be more forced property sales that will further depress the property market, thus creating a vicious cycle of further losses in loans secured by commercial property.
The findings are based on a study into the effects of slotting, a practice designed to ensure banks have enough funds set aside to cover losses on property lending...............................................Full Article: Source
|