Buy-to-let Property News, Finance
Rely adds 2.85% fixes as Santander pulls fee-free BTL deals
Rely has added 2.85% buy-to-let fixes with a 3.5% fee, Pepper offers five-year deals from 5.70%, and Santander has pulled fee-free options.
Rely has added 2.85% buy-to-let fixes with a 3.5% fee, Pepper offers five-year deals from 5.70%, and Santander has pulled fee-free options.
OSB Group says first-half originations rose 10 percent to £2.3bn, with remortgaging and portfolio management still driving landlord demand as new buying stayed selective.
Bank of England data shows net mortgage approvals for house purchases rose to 58,200 in June from 56,600 in May, while remortgage approvals climbed to 41,800 but both measures stayed below long-run norms.
The Bank of England says more than five million UK households are now expected to refinance onto higher mortgage payments by the end of 2028, after raising its remortgage-risk projection in the July Financial Stability Report.
Pegasus Insight says the average landlord portfolio has risen to 7.3 properties, while 21 percent of landlords now describe themselves as full-time or self-employed in fresh sector data.
Lendco has cut buy-to-let fixed rates from 4.29 percent in its July refresh, with lower pricing across standard, limited company and larger HMO landlord deals.
Paragon has added £1,000 cashback to 21 buy-to-let mortgage products across single lets, HMOs and multi-unit blocks, widening lender competition on total borrowing cost rather than rate alone.
Barclays says remortgaging is taking a bigger share of mortgage completions while house purchase delays remain widespread, with its latest Property Insights release showing 88…
Paragon says landlords drew £2.37 billion from buy-to-let remortgages for property improvements in 2025, with equity released for EPC and wider upgrade works rising 60 percent year on year.
Moneyfacts says mortgage product choice has climbed above 7,000 while average two-year fixed rates posted their biggest monthly fall in more than a year, giving landlords a wider refinancing market at the start of June.
The Mortgage Works has cut selected buy-to-let rates by up to 0.22 points, with Accord, HSBC and Darlington also repricing before the summer remortgage rush.
More than half of larger portfolio landlords expect to remortgage within the next 12 months, pointing to a busy refinance market even as many investors…
CHL Mortgages and Gatehouse Bank have both cut buy-to-let pricing, giving landlords a fresh sign that lenders are still competing for refinance business even with…
Mortgage pricing has posted its first week-on-week decline since late February, offering landlords a small but useful sign that the latest refinance shock may be…
Buy-to-let lending rose sharply at the end of 2025, but the growth came largely from landlords refinancing existing debt rather than expanding portfolios, according to…