News is Gordon has commanded that the Lloyds group lend £28,000,000,000 over the next 2 years.

Considering Lloyds have a policy of charging no more than 2% above the base rate it means that we could see a whole load of cheap money flood the property market.

I am not sure who they are going to prefer lending to. I hope it is us investors. However we all have to join the queue as I reckon other investors are going to be on it as much as I will be.

First thing on Monday I am going to check their site for any new products and also I think I will make a formal approach to one of their managers to see if they can help me with mine and my clients aspirations.

Northern Rock have been ordered to lend also. I have checked their rates and they are rubbish! Their LTVs are low and rates are high. I will keep an eye on them though as they have a habit of offering awesome rates for short periods.

Speak soon.

Ajay

Posted on: 8th Mar 2009

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	Home Services Property News Free Resources Partners Contact Page you're viewing > Home Page > Property News > Property Headlines > the market is going to get flooded with cheap mone News is Gordon has commanded that the Lloyds group lend £28,000,000,000 over the next 2 years. Considering Lloyds have a policy of charging no more than 2% above the base rate it means that we could see a whole load of cheap money flood the property market. I am not sure who they are going to prefer lending to. I hope it is us investors. However we all have to join the queue as I reckon other investors are going to be on it as much as I will be. First thing on Monday I am going to check their site for any new products and also I think I will make a formal approach to one of their managers to see if they can help me with mine and my clients aspirations. Northern Rock have been ordered to lend also. I have checked their rates and they are rubbish! Their LTVs are low and rates are high. I will keep an eye on them though as they have a habit of offering awesome rates for short periods. Speak soon. 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