Comment: UK Finance Buy-to-let Mortgage Market Update

21 January 2026

Commenting on UK Finance’s Buy-to-let Mortgage Market Update – Q3 2026, Louisa Sedgwick, Managing Director of Mortgages at Paragon Bank, said:

“The marked uplift in the value and number of buy-to-let mortgages written compared to the previous quarter, and particularly the same period a year ago, demonstrates how landlords will invest in buy-to-let property when market conditions allow.

“The third quarter saw strong levels of remortgage activity, the highest since the final quarter of 2022, partly driven by landlords releasing equity to fund new acquisition. This continued the trend from the first half of the year, which saw more equity withdrawn at remortgage for portfolio expansion than any other corresponding period since 2018. Viewed in the context of the latest encouraging figures, and with rates forecast to continue to fall, we anticipate the momentum seen in both the purchase and remortgage markets to continue throughout 2026.”