The Mortgage Lender (TML) has announced a 5bps reduction on selected five-year fixed rate standard buy-to-let products, effective from Thursday.
It comes at a critical point for the wider mortgage market, with UK Finance forecasting that approximately 1.8 million fixed-rate mortgage deals are due to mature in 2026, a significant proportion of which sit within the buy-to-let sector. This is prompting many landlords to look beyond a single refinance, instead reassessing the balance, affordability and long-term sustainability of their wider portfolios.
For brokers and landlords alike, this period of refinancing is about far more than headline rates. Product choice, fee structures and portfolio flexibility are coming into sharper focus, alongside long-term affordability and investment viability, as landlords consider whether to consolidate, rebalance or expand their holdings in an increasingly complex market.
Alongside the 5bps reduction, TML’s buy-to-let range includes limited-edition products with rates starting from 3.29%, fee and fee-free options to support different borrowing strategies, and free valuations on all buy-to-let applications.
Commenting on the changes, Chris Kirby, Head of Field Sales for Retail Mortgages at Shawbrook said: “With UK Finance forecasting up to 1.8 million fixed rate mortgages are maturing by the end of 2026, this underlines just how significant the year ahead will be for many landlords and brokers alike.
Many landlords are using this point as an opportunity to look beyond a single refinance and review their wider portfolios, with affordability, balance and long-term sustainability firmly in focus. While rates will always matter, flexibility, product structure and choice are becoming just as important, and our latest repricing is designed to support brokers as they help clients navigate these decisions.”
