According to one leading financial analyst, the buy-to-let mortgage will thrive in the next ten years as people shun buying property in favour renting.
Stephen Leonard, director of mortgage for Alliance and Leicester commented: "Demand for rented property has been growing steadily in recent years and returns on buy-to-let have increased."
He added: "This growth is expected to continue, as the number of renters rises further and buy-to-let becomes even more attractive to both existing and potential landlords."