Buy-to-let lending increasing

Buy to let lending is still increasing according to the latest statistics from the Council of Mortgage Lenders (CML).

The number of mortgages increased by around 84,000 in 2011.

During the 4th quarter of 2011 a total of 34,800 buy-to-let mortgages were advanced (15,600 were remortgages). This compares with only 26,300 in the fourth quarter of 2010.

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