Sunday, August 19, 2007

Bank of England showed a continued growth in lending to real estate

The total amount outstanding to real estate now stands at £175bn, representing 11.2 per cent of the total outstanding debt in the wider market. As a proportion of total debt, this is the highest real estate has been since records began. Overseas investors are increasingly injecting money into the UK market. During the first six months of the year, overseas purchases totalled £12.5bn, accounting for 45 per cent of all transactions.

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Deloitte UK headlines

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