Molo’s latest reduction of up to 12 basis points in buy-to-let mortgage rates signals a subtle shift in pricing amidst a generally cautious lending environment. Their two-year fixed standard BTL rates now start at 3.09%, while five-year fixes begin at 4.87%. This move narrows the
July’s data from RICS reveals a housing market stuck in neutral. Buyer enquiries held steady at a net balance of -28%, a figure that signals continued weakness rather than recovery. This persistent negative sentiment suggests that potential purchasers remain cautious, likely infl
Recent data from UK Finance reveals a 6% reduction in buy to let (BTL) mortgage arrears during Q2 2026, with 8,390 loans registering arrears of at least 2.5% of the outstanding balance. This figure now accounts for just 0.44% of all BTL mortgages, indicating a modest but meaningf
The latest figures from UK Finance reveal a modest but noteworthy reduction in buy to let mortgage possessions during the second quarter of 2026. With 8,390 loans in arrears by at least 2.5% of the outstanding balance, this represents a 6% drop from the previous quarter. This dec
Mortgage rates in the UK have edged down for the first time in over a month, with Moneyfacts reporting a drop in the average two-year fixed rate from 5.63% to 5.61%, and the five-year fixed rate falling from 5.67% to 5.64%. While these shifts are modest, they break a recent patte
Mortgage rates in the UK have edged down for the first time since early July, with Moneyfacts reporting a modest decline in both two-year and five-year fixed deals. The average two-year fixed rate dropped from 5.63% to 5.61%, while the five-year average slipped from 5.67% to 5.64
New build-to-rent (BTR) development in the UK has slumped dramatically, with starts plunging 79% in the year to June 2026. According to Savills data analysed by Property118, just 2,176 BTR homes began construction over the past 12 months, compared to 13,893 a year earlier. The dr
Build-to-rent (BTR) development in the UK has seen a dramatic fall in new project starts over the past year. According to Savills data analysed by Property118, just 2,176 BTR homes began construction in the year to June 2026, down from 13,893 in the previous 12 months. This 79% p
UK Finance’s Q2 2026 data shows mortgage arrears dipping by 1% quarter-on-quarter to just under 78,000 accounts with arrears above 2.5%. While this signals a modest improvement in homeowner financial health, the absolute number remains elevated compared to pre-pandemic levels. Fo
UK Finance’s Q2 2026 mortgage arrears data reveals a slight easing in homeowner financial stress. The number of mortgages with arrears of 2.5% or more on the outstanding balance fell by 1% quarter-on-quarter to 77,940. While this reduction suggests some borrowers are regaining fo
Paragon Bank has lowered its entry-level buy-to-let mortgage rates to 3.55%, reflecting a modest easing in BTL lending costs amid a generally cautious market. This update covers both core and tailored products, with fixed terms of two and five years, and loan-to-value options ext
Landbay’s decision to cut buy-to-let rates by up to 35 basis points across its Premier, Core, and Specialist ranges is a notable shift in the current mortgage market. With rates now starting from 3.44%, landlords can expect some relief on borrowing costs, which have been under st
