RE: Lloyds sp11 Jan 2023 12:47
Newchurch
''If they have seen a 15% drop on property values ALREADY, and with a trifling sum invested in such compared to Lloyds massive exposure to property, especially commercial, then, once the fall really gets underway, and with such a huge liability, the mill-stone of such around Lloyds investors necks will throttle us far worse.''
As I said - negativity . It would help if you knew what you were talking about.
DLG are referring to their direct property investment portfolio.
A drop in commercial property values and household property values has no bearing on Lloyds who have given out loans/mortgages on such property.