The cost of most mainstream buy-to-let mortgages has increased following November 2017’s interest rate rise, according to figures from Mortgage Brain.
A 2-year buy-to-let tracker mortgage with a 60% and 70% loan-to-value (LTV) ratio is now 3% higher in cost than it was in November 2017. This represents an annual increase of £216 on a £150,000 mortgage.
The cost of 2-year fixed buy-to-let borrowing has also risen over the same time, by 2% for an 80% LTV and by 1% for 60% and 70% LTV.
Despite rising costs, more products were introduced to the buy-to-let sector over the past year. A total of 721 new products were introduced to the buy-to-let market during 2017 – an increase of 32% in overall product availability.
Mark Lofthouse, chief executive of Mortgage Brain, said:
It looks like the Prudential Regulation Authority changes, coupled with what could be seen as the start of a number of interest rate rises, are starting to affect the cost of mainstream buy-to-let mortgages.
Buy-to-let product numbers are at a new high, however, and there are still pockets of cost reductions and savings to be had for potential landlords and property investors.
You might be interested in...
19 Aug 2026
Agriculture and horticulture businesses are under pressure to invest in water efficiency and sustainability. Cambridgeshire growers and food producers can now apply for grants up to £50,000. Here’s what you need to know.
Learn more
Government grants to help Cambridgeshire farmers boost drought resilience
18 Aug 2026
The 2026 changes to UK GAAP and FRS 102 may seem technical, but they could have a real impact on how your business is viewed by banks, investors and other stakeholders.
Learn more
UK GAAP is changing: Why business owners should act before the numbers change
14 Aug 2026
Does your UK subsidiary need a statutory audit? Learn how group size, audit exemptions and worldwide group rules affect UK audit requirements.
Learn more
Does your UK subsidiary require a statutory audit?
13 Aug 2026
Audit exemption may reduce compliance obligations, but is stopping your audit the right decision? Explore the value independent assurance can bring.
Learn more
Should audit-exempt companies still have an audit?
13 Aug 2026
Understand the financial challenges facing independent schools, from KPIs and VAT changes to governance and long-term sustainability. Read more.
Learn more
Understanding Independent School Financial Health: A Guide for Governors
13 Aug 2026
Strong schools rely on strong governance. Discover how governors and senior leaders can work together to provide challenge, oversight and direction.
Learn more
How Independent School Governors Can Build Effective Partnerships with Senior Management