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New lending on UK property booms
New lending to UK real estate is up nearly 50%, hitting its highest level since 2008 according to De Montfort University’s half-year Commercial Property Lending Report. The report, which covers the six months to June 2014, showed that new lending totalled £19.6bn in the first half of this year. This was a 46.3% increase on the same period last year when £13.4bn was lent.
