30 Jun '16, 7am

Brexit uncertainty prompts Singapore bank to halt London home loans

Brexit uncertainty prompts Singapore bank to halt London home loans

Another sign that last week's Brexit vote could hit the London property market emerged today, as a major Singaporean bank suspended loans to customers buying homes in the capital. United Overseas Bank, the third largest lender in Singapore, said it was stopping its loan progamme for the "time being" after Britain voted to leave the European Union last week. The decision follows warnings from other banks in the city-state to clients over potential political and foreign exchange risks. DBS Bank said the pound falling against the dollar could slash gains from rising property values, according to the Financial Times. Fears that the London housing market could crash in the wake of a Leave vote have so far proved wide of the mark, but yesterday evidence emerged that some domestic buyers are pulling out of deals amid the fallout. Read more Nationwide calms fears but London still ...

Full article: http://www.standard.co.uk/business/brexit-uncertainty-pro...

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Singapore Bank Suspends London Home Loans

Singapore Bank Suspends London Home Loans

news.sky.com 30 Jun '16, 8am

A bank in Singapore has become the first in the world to suspend loans for the purchase of homes in London, citing uncerta...

London Home Loans Suspended By Singapore Bank

London Home Loans Suspended By Singapore Bank

news.sky.com 30 Jun '16, 10am

A bank in Singapore has become the first in the world to suspend loans for the purchase of homes in London, citing uncerta...

Brexit: Singapore bank UOB suspends London prop...

bbc.co.uk 30 Jun '16, 7am

Image copyright Getty Images Image caption Singapore's other big lenders said they were closely monitoring the situation O...

Brexit: Singapore bank UOB suspends London prop...

bbc.co.uk 30 Jun '16, 7am

Image copyright Getty Images Image caption Singapore's other big lenders said they were closely monitoring the situation O...

Brexit prompts major Singapore bank to suspend London property loans

Brexit prompts major Singapore bank to suspend ...

independent.co.uk 30 Jun '16, 7am

“As the aftermath of the UK referendum is still unfolding and given the uncertainties, we need to ensure our customers are...

Brexit: Singapore bank suspends London property...

bbc.co.uk 30 Jun '16, 7am

Image copyright Getty Images Image caption Singapore's other big lenders said they were closely monitoring the situation O...

Brexit: Singapore bank suspends London property...

money.cnn.com 30 Jun '16, 9am

Why this British town voted to leave the EU A top Singaporean bank has stopped providing loans for London property purchas...

Singapore bank UOB suspends London property loa...

cityam.com 30 Jun '16, 8am

Singaporean bank UOB has become the city state's first lender to suspend loans for London properties citing uncertainty ca...

A top Singaporean bank has suspended London pro...

money.cnn.com 30 Jun '16, 10am

Why this British town voted to leave the EU A top Singaporean bank has stopped providing loans for London property purchas...

Brexit: Singapore bank suspends London property...

money.cnn.com 30 Jun '16, 1pm

Why this British town voted to leave the EU A top Singaporean bank has stopped providing loans for London property purchas...

BBC News - Brexit: Singapore bank UOB suspends ...

bbc.com 30 Jun '16, 7am

Image copyright Getty Images Image caption Singapore's other big lenders said they were closely monitoring the situation O...

Singapore's UOB suspends London property loans after Brexit

Singapore's UOB suspends London property loans ...

cnbc.com 30 Jun '16, 7am

Singapore's biggest lender, DBS Group , said it continued to provide financing for property purchases in London but was ad...

Brexit: Singapore bank UOB suspends London prop...

reddit.com 30 Jun '16, 1pm

This is not the place to promote your business. Any and every post promoting a business in any capacity will be removed. S...

Brexit: Singapore's United Overseas Bank suspends loans for London property purchases

Brexit: Singapore's United Overseas Bank suspen...

ibtimes.co.uk 30 Jun '16, 8am

United Overseas Bank Limited (UOB) has said it will stop issuing loans that are intended to purchase properties in London....

Singapore based bank suspends London property l...

ft.com 30 Jun '16, 8am

June 30, 2016 7:19 am Download Asian bank suspends London property loans on Brexit concerns Jeevan Vasagar in Singapore Sh...