We are moving steadily towards the end of another very successful year in the UK mortgage market where total lending looks set to be around £210bn. This inflated figure has been helped along by the fact that the buy to let market has increased dramatically and there are more lenders in the market. In the case of this type of lending, we have not only seen brand new lenders, but also the return of some of the old ones that stopped lending post credit crunch.
Interest rates are so low that mortgage lenders can’t really cut them any more in order to win business. Instead of fighting it out in a rate war, providers are looking for new markets or niche areas for lending.
Fleet Mortgages, and Shawbrook Bank, both relatively new specialist lenders offer the facility to do Buy to Let mortgages through a Limited Company (which has certain tax advantages).
Lenders are also more willing to so allow student lets, corporate lets, local authority and Housing Association Lets, which are often a “no no” to the mainstream lenders.
Lending on HMO’s (Houses of Multiple Occupancy) is also on the increase, The Mortgage Works, Adermore Bank, BM Solutions, Kent Reliance and Leeds Building Society all have competitive products in this sector of the market, which a couple of years ago barely existed.
Ex-Pats wanting to invest in UK property have had it tough, but both National Counties and Shawbrook Bank launched products for clients living abroad, assuming they have some sort of a credit profile in the UK.
If you are thinking of investing in a Buy to Let property, there has never been a better, more competitive market to enter. To speak to a Buy to Let Mortgage Adviser contact us on 01628 507477.
Recent posts
Renters' Rights Act
Yesterday
The Renter’s Rights Bill became law at the end of October, which means it has been signed off by the King, and it is now the Renters’ Rights Act. Despite this becoming law, these changes are likely to start changing within the next six months, with the aim of being fully implemented throughout 2026 and into 2027.
Best UK Mortgage Rates this Week
3 days ago
Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.
Call us for more information: 01628 507477 or email: team@mortgagerequired.com.
A welcome change in school is coming as financial literacy is due to become compulsory in schools in England.
The Government has announced that as part of the new national curriculum, children in primary and secondary education will be required to learn about budgeting, compound interest, managing money, and mortgages.
The top 10 most beautiful villages in the world
22 days ago
Forbes has published a global ranking of stunning locations and one popular picturesque corner of the UK has nabbed top spot.
Over three years after the Mini-Budget took place, we look at what the mortgage market looks like now, showing the difference in mortgage repayments.
The government has announced plans to make buying or selling a home cheaper and quicker with what is being called the “biggest shake-up to the homebuying system in this country’s history.”
More borrowers using equity release
1 Oct 2025
Almost one in five equity release mortgages are now taken out to provide financial support to family.
Buyers purchasing properties sooner
29 Sep 2025
According to industry data, the expected wait for those looking to buy a property has dropped from just over 11 months to less than six months.
More information
Trusted by
