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B2L predicted to account for 20% of mortgages by 2015


B2L IS PREDICTED TO ACCOUNT FOR 20% OF MORTGAGES BT 2015

Buy-to-let could account for one in five mortgage deals by2015, Capital Economics is predicting.

It believes the continuing low base rate will be a boost to the sector as many buy-to-let mortgages are taken out on an interest-only basis, making them more affordable.

Capital Economics says the high demand fro rental property will help sustainfavourable margins for the sector becuase of the higher fees and interest rates charges for buy-to-let compared to the residential market.



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