The British Property Federation (BPF) is urging UK chancellor, George Osborne to help small businesses grow in the upcoming Budget by giving tax relief on empty property rates.
UK Commercial Property Loans Worth £100 Billion May Not Be Refinanced
December 12, 2011 by
Commercial property investments in the UK could be set to take a tumble after it was revealed that outstanding bank loans worth more than £100 billion will most likely not be refinanced, following a tightening of credit conditions, Bloomberg reports. The UK Commercial Property Lending Market Survey warned that UK banks’ ability to manage their