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Buy-to-Let boom to continue
March 2007
Alliance and Leicester has predicted that the buy-to-let market could grow by 40% over the next ten years.
A study by the lender indicated that a rise in the traditional rental market, led by students and young people would be the main catalyst for growth in the buy-to-let sector. An increased use of rented property by people looking for flexibility in their lives was also mooted as another market driver, with A and L indicating that a growing number of people preferred to rent as it was becoming more socially acceptable to not own a property.