Lending to commercial property (May 23)

Net lending to commercial property remained in positive territory in May at £621m. And over the past three months, lending has totalled £2.3bn, the highest figure since June 2020. Commercial property lending has also been strong relative to other sectors. The share of outstanding debt secured on commercial property has risen from 6.7% in September of last year to 7.1%, a six-year high.

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