Loan terms suffer after swap rate rise

17 October 2003

The latest quarterly Kingfisher/Property Week Index, which measures the amount that could be borrowed or lent by reference to investment yields and interest rates, has dropped from the record level of 139% in July to 120% because of the rise in the five-year swap rate. Although this is a sharp ...

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

Access up to four FREE articles per month
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue