Borrowers more cautious in wake of EU referendum vote

摘要

It is not just lenders whose appetite for risk is waning in the wake of the EU referendum. Borrowers have also become a lot more circumspect, data on the commercial property debt market from Laxfield Capital has revealed. Laxfield's UK CRE Debt Market Barometer, which tracks financing requirements from borrowers and provides an early indicator of market trends, showed that demand for high-leverage loans fell sharply in the six months to the end of September 2016.