Record loans power sector growth

There are 3.6 million households who are privately renting from a landlord in 2010/11, the latest available figures, compared to just two million a decade ago.

Britain is in the grip of a buy-to-let boom with a record number of ‘landlords loans’ worth an all-time high of more than £160 billion.

The figures, from the Council of Mortgage Lenders, showed there are 1.42 million buy-to-let mortgages, compared to just 89,000 a decade ago.

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