London Home Loans Suspended By Singapore Bank

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

London Home Loans Suspended By Singapore Bank

A bank in Singapore has become the first in the world to suspend loans for the purchase of homes in London, citing uncertainty over the UK's vote to leave the EU. United Overseas Bank (UOB) said: "We will temporarily stop receiving foreign property loan applications for London properties. "As the aftermath of the UK referendum is still unfolding and given the uncertainties, we need to ensure our customers are cautious with their London property investments". It added that it would keep the suspension under review. The announcement reflects not just the meltdown on financial markets in the wake of last week's vote - but also wider concerns for the health of the global economy, with Asia firmly in focus. The Singaporean dollar has gained 10% against the pound since the referendum result. It means the value of assets held in Britain have been eroded in value. While Singapore'...

Full article: http://news.sky.com/story/1719585/london-home-loans-suspe...

Tweets

@we_hate_debt » 01 Jul '16, 1pm
London homes loans suspended #brexit [link]
@Jimchang5 » 01 Jul '16, 1am
London Home Loans Suspended By Singapore Bank [link]
@robotnr7312 » 30 Jun '16, 8pm
London Home Loans Suspended By Singapore Bank [link] #svpol #pldebatt
@gingerwinger » 30 Jun '16, 8pm
RT @Tigerfan11: London Home Loans Suspended By Singapore Bank [link]
@theSocial_idiot » 30 Jun '16, 8pm
Go #Brexit! Who cares if fat cats are a little worse off, housing already freed up! [link]
@RawDawgBuffalo » 30 Jun '16, 7pm
London Home Loans Suspended By Singapore Bank [link]
@houldensweeney » 30 Jun '16, 7pm
London Home Loans Suspended By Singapore Bank [link]
@Abdul248Abdul » 30 Jun '16, 6pm
London Home Loans Suspended By Singapore Bank [link]
@Watersun555 » 30 Jun '16, 6pm
London Home Loans Suspended By Singapore Bank [link] [link]
@mikeofbristol » 30 Jun '16, 6pm
London Home Loans Suspended By Singapore Bank.Not a bad thing! [link] [link]
@IAGMarkets » 30 Jun '16, 6pm
London Home Loans Suspended By Singapore Bank [link] #FeederNinja
@MartinVarley » 30 Jun '16, 5pm
London Home loans suspended by Singapore Bank [link]
@m_owen99 » 30 Jun '16, 5pm
London Home Loans Suspended By Singapore Bank. Pt-3 it's all scaremongering scaremongering [link] [link]
@m_owen99 » 30 Jun '16, 5pm
London Home Loans Suspended By Singapore Bank. Pt-3 Being built in and around London [link] [link]
@m_owen99 » 30 Jun '16, 5pm
London Home Loans Suspended By Singapore Bank. Pt-2 with normal people it's corporate luxury apartments 1000s [link]
@nadeemshakirUK » 30 Jun '16, 5pm
London Home Loans Suspended By Singapore Bank [link] [link]
@dennis23wizards » 30 Jun '16, 5pm
London Home Loans Suspended By Singapore Bank [link] [link]
@kim_lattimore » 30 Jun '16, 5pm
London Home Loans Suspended By Singapore Bank [link]
@Abdidi » 30 Jun '16, 5pm
London Home Loans Suspended By Singapore Bank [link]
@NinjaEconomics » 30 Jun '16, 5pm
A bank in Singapore has become the first in the world to suspend loans for the purchase of homes in London. [link]
@ImaTigerrr » 30 Jun '16, 4pm
RT @ceesav: London Home Loans Suspended By Singapore Bank [link]
@ceesav » 30 Jun '16, 4pm
London Home Loans Suspended By Singapore Bank [link]
@GothboyUK » 30 Jun '16, 4pm
Sky News: London Home Loans Suspended By Singapore Bank - [link]
@paulbevan » 30 Jun '16, 4pm
London Home Loans Suspended By Singapore Bank [link] [link]
@housely » 30 Jun '16, 3pm
London Home Loans Suspended By Singapore Bank [link] [link]
@TatlersLLP » 30 Jun '16, 3pm
#London #Home #Loans Suspended By Singapore Bank [link]
@londonappuk » 30 Jun '16, 3pm
RT @johnmccaa: London Home Loans Suspended By Singapore Bank [link]
@johnmccaa » 30 Jun '16, 3pm
London Home Loans Suspended By Singapore Bank [link]
@rb2003 » 30 Jun '16, 2pm
RT @goldencoconut78: London Home Loans Suspended By Singapore Bank [link] [link]
@Armoricap » 30 Jun '16, 2pm
London Home Loans Suspended By Singapore Bank [link]
@BiggazzaD » 30 Jun '16, 1pm
[link] its all going so well!....
@priteshpatel9 » 30 Jun '16, 1pm
Here we go >> London Home Loans Suspended By Singapore Bank (first bank to do so) [link] [link]
@DarrenOatway » 30 Jun '16, 1pm
London Home Loans Suspended By Singapore Bank. [link] [link]
@Cyril_Matvech » 30 Jun '16, 1pm
@BeautyBind @Rivermansky63 @SkyNews EU uncertainty blamed? Only by those who think Singapore is in the EU. #Bregret [link]
@DarrenOatway » 30 Jun '16, 12pm
London Home Loans Suspended By Singapore Bank [link]
@JaxxCapital » 30 Jun '16, 12pm
London Home Loans Suspended By Singapore Bank [link] [link]
@davenwalters » 30 Jun '16, 12pm
London Home Loans Suspended By Singapore Bank - taking froth off market #Brexit [link] [link]
@Tigerfan11 » 30 Jun '16, 12pm
London Home Loans Suspended By Singapore Bank [link]
@RichTenalio » 30 Jun '16, 12pm
London Home Loans Suspended By Singapore Bank [link]
@News4Peoples » 30 Jun '16, 11am
London Home Loans Suspended By Singapore Bank [link]
@redfanmno » 30 Jun '16, 11am
RT @daudit10: [link]
@daudit10 » 30 Jun '16, 11am
[link]
@nimishpatelre10 » 30 Jun '16, 11am
London Home Loans Suspended By Singapore Bank [link]
@StreetCheckUK » 30 Jun '16, 11am
[link]
@jrmassey72 » 30 Jun '16, 11am
[link] surely this is a good thing....investors buying up swathes of property in London adding to the housing crisis??
@MrConnieS » 30 Jun '16, 11am
London Home Loans Suspended By Singapore Bank [link]
@marionpfallon » 30 Jun '16, 11am
RT @DWPscumbags: London Home Loans Suspended By Singapore Bank [link] #Brexit
@leocullen4 » 30 Jun '16, 11am
RT @DWPscumbags: London Home Loans Suspended By Singapore Bank [link] #Brexit
@BabsSheKing » 30 Jun '16, 11am
RT @DWPscumbags: London Home Loans Suspended By Singapore Bank [link] #Brexit
@SocialBeastie » 30 Jun '16, 11am
RT @DWPscumbags: London Home Loans Suspended By Singapore Bank [link] #Brexit