Buy-to-let lending 'up by a fifth'

AOL Money Staff
To let signs
To let signs

Buy-to-let lending grew by a fifth year-on-year across 2012 to reach its highest level since 2008, lenders have said.

The appetite for buy-to-let lending has been boosted by strong demand from tenants who have been unable to get on the property ladder, which has pushed up rents as tenants have found themselves trapped.