A report published this week provided a rare piece of good news for the property lending sector, and turned received wisdom on its head: lending to property will increase this year. Despite the factors that hinder property lending - greater regulation, higher funding costs and uncertainty about the future prospects for the market - a study put together by the Property Banking Forum, a joint initiative from the Investment Property Forum and the Association of Property Bankers, shows that the appetite is there for banks to increase lending to the sector. The report, entitled Property Banking Forum: Lending Intentions Survey 2011, surveyed the 20 most active banks in the market today. It found there is appetite for new lending of £18bn-£21bn in 2011 - an increase of around 30%-50% on the lending undertaken by these banks in 2010.
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