Lending to property SMEs falls 9%

money-2724235_960_720

Bank lending to small and medium-sized enterprises (SMEs) in the UK property sector has fallen 9% in the last year from £13.9bn to £12.7bn, figures from the Bank of England have shown.

Lending to SMEs in the real estate sector fell significantly quicker than the level of overall lending to UK small businesses, which dropped 2% from £58.2bn in 2016-17 to £57bn in 2017-18.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now