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Buy-to-let market continues to grow

The latest CML data showed that at the end of the year there were an estimated 1.3 million buy-to-let mortgages outstanding, worth £152bn, accounting for 12 per cent of the total value of mortgages outstanding.

The total value of buy-to-let lending in 2010 was £10.4bn which was 22 per cent higher than in 2009, and the total number of loans advanced in the year was 102,000 which was 10 per cent higher than the previous year. Read More:

 

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