Estimated realization price: what do the banks want and what can realistically be provided
Richard Lovell
(Past President of the Association of Property Bankers and was head of property at the Industrial Bank of Japan Ltd, London)
Nick French
(ACACIA Lecturer in Land Management and LAING Fellow in Real Estate at the Department of Land Management and Development, The University of Reading, Reading, UK)
8067
Abstract
Studies the effects of the downturn in the property market in the late 1980s on banking business practices and the banks′ consequent reassessment of their reliance on loan‐to‐value ratios for lending purposes. Looks at the philosophy underlying the RICS′s publication, in September 1995, of new valuation guidance notes and highlights the importance of the new requirements placed on the valuer.
Keywords
Citation
Lovell, R. and French, N. (1995), "Estimated realization price: what do the banks want and what can realistically be provided", Journal of Property Finance, Vol. 6 No. 4, pp. 7-16. https://doi.org/10.1108/09588689510104042
Publisher
:MCB UP Ltd
Copyright © 1995, Company