Finance

UK real estate delivers second-weakest half year of new loan origination since Brexit

By 2023-10-17T16:33:00

Generic lending

Source: Shutterstock/PhuShutter

UK real estate lending fell by nearly a quarter in the first half of 2023 compared with the first half of last year, making it the second weakest half year of loan origination since pre-Brexit, as interest rate rises and falls in property values took their toll.

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