RECORD NUMBER OF NEW TENANTS IN 2011
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There was a huge 24% increase in tenancy applications during 2011 compared with 2010.
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The overall increased demand for rental houses seems to be spurring the buy-to-let market out of its slumbers with a 20% increase during 2011.However, excitement still needs to be tempered as lending is still only running at 30% of the total lending seen during the peak of the market.
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