SUBSCRIBERS
Lloyds limits mortgage lending to cool London housing prices
Published Wed, May 21, 2014 · 10:00 PM
[LONDON] Lloyds Banking Group Plc, the UK's biggest mortgage lender, said it will impose limits on lending to homebuyers to counteract rising house prices in London.
The bank will cap lending at four times salary on loans of more than £500,000 (S$1.1 million), Lloyds said in a statement on Tuesday. T…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
New US home sales jump to highest level since September
Hong Kong developer weighs stake sale in London office skyscraper project
How Hudson Yards went from ghost town to office success story
Private credit for real estate boosting green building premium
S$16.5 million deal at The Ritz-Carlton Residences tops Q1 gainers; seller reaps S$4.9 million profit
Forrest Li’s wife buys Gallop Road bungalow next to the one he has redeveloped