'London house prices will rise': State Bank of India enters UK mortgage market | This is Money
India's largest bank is to enter Britain's lacklustre residential mortgage market, buoyed by its own analysis suggesting the recovery in house prices in London and the South-East is set to continue.
The State Bank of India will sell home loans through its 11-strong branch network and then through mortgage brokers from next year.
Home-grown banks have pulled back from lending, partly due to the imperative to pump up reserves but also because of concerns about the health of the property market.
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