BUY-to-let lender Bradford & Bingley described the housing market as buoyant last night after unveiling annual profits at the top end of expectations.
B&B said that its most important market of buy-to-let had recovered more strongly than the housing market as a whole in the second half of 2005 and that the trend was likely to continue this year.
The company, based in Bingley, West Yorkshire revealed pre-tax profits before exceptionals were up 11 per cent to £310.1m in the year to the end of December 2005.
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