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Buy-To-Let - To let or not to let

Paul Sampson looks at the buy-to-let phenomenon and finds that itstill presents opportunities to the commercial property insurance market -but only for the experienced insurer

According to the Council of Mortgage Lenders (CML), in the first sixmonths of 2002 buy-to-let lending accounted for more than 58,000 loans,worth £5.5bn. This has helped to increase the estimated total of'residential investment' mortgages to 233,000 at a value of £19.1bn.Despite a growing perception that this market is slowing down(particularly in London), buy-to-let is still a major issue for propertyinsurers.

The buy-to-let market ranges from sought-after properties worth millionsof pounds to

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