Spring Statement will be a ‘confidence moment’ for lending market, says OSB Group

27 February 2026

Adrian Moloney, Group Lending Distribution Director at OSB Group, said:

“The Spring Statement should be viewed as a temperature check on the economy rather than a trigger for housing policy change. We do not expect significant new interventions for the property market, and the more meaningful impact will be how convincingly the Chancellor reassures markets on inflation, borrowing and fiscal credibility.

For consumers, what really matters isn’t a headline in Parliament, it’s what happens in the markets afterwards. Mortgage rates are shaped by inflation expectations and swap markets, not political soundbites. If the Statement helps strengthen confidence that inflation is continuing to ease, we’re likely to see a more supportive pricing environment filter through for borrowers, particularly those looking to remortgage this year.

For brokers, stability is valuable. When funding markets are calmer, lenders can price and plan with more certainty, which usually means fewer abrupt product changes and a more predictable advice landscape. That makes it easier to guide clients through decisions, especially in the specialist space where circumstances can be more complex.

For landlords, the current challenges are well documented. Our latest Landlord Leaders research shows rising mortgage costs, compliance pressures and tenant affordability remain front of mind. The Spring Statement is unlikely to change that overnight. But if it helps steady expectations around interest rates and borrowing costs, that could ease some refinancing pressure and support longer-term confidence in the sector.

Ultimately, this isn’t a housing policy moment, it’s a confidence moment. And in lending, confidence is often what moves the dial.”