Banks Begin to Loosen Purse Strings Again

Summary


A commercial property expert has said there are signs bank lending is returning for the sector - butwarns recoveryisbeingstifledbyashortage of stock.

Peter Clarke, valuations partner at King Sturge, said therewas evidence of a returntonormalityinthemarket intheWestMidlands after the credit crunch.

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Extract


Banks Begin to Loosen Purse Strings Again

"We are seeing more new lending coming through from the banks than we were three, fourmo...

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