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Monday, November 10, 2014

Buy-to-let to hit a Trillion pounds by 2015

UK buy-to-let properties are estimated to hit £1 trillion pounds by mid 2015 according to latest figures released by Kent Reliance.

The value of the private rental sector (PRS) has expanded by £302bn thanks to a boom in London house prices.

London accounts for 41% of the total value of the PRS. Landlord housing assets are now 3.5 times the level that they stood at as recently as 2001.

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