Independent market analyst Datamonitor has concluded that gross buy-to-let advances will grow to £25.6bn by 2014; a 3 fold increase over the 2009 figure.The report forecasts gross advances will remain flat this year, increasing to £15.8bn in 2012, £20.2bn in 2013 and £25.6bn in 2014.
Council of Mortgage Lenders figures showed that buy-to-let gross advances totalled £8.5bn in 2009.
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