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...
22 Jan 2026
After the Autumn Budget’s reduction in CGT relief for EOTs, there has been understandable uncertainty among business owners.
Learn more
HMRC Clarifies CGT Changes for Employee Ownership Trusts
21 Jan 2026
How TC Group can support you with Making Tax Digital for Income Tax, covering software solutions, bookkeeping and your year-end declaration.
Watch now
Supporting you with Making Tax Digital for Income Tax
21 Jan 2026
If you’re self-employed or a landlord earning over £20,000, MTD for Income Tax will apply, with timings based on your income.
Watch now
Who’s affected by Making Tax Digital for Income Tax?
21 Jan 2026
Making Tax Digital (MTD) is changing the way self-employed business owners and landlords manage their tax from April 2026 onwards.
Watch now
What Is Making Tax Digital for Income Tax?
20 Jan 2026
For businesses with over 30 employees, our HR Outsourcing subscription package offers proactive support and flexible fees.
Watch now
HR Outsourcing for Businesses with Over 30 Employees
20 Jan 2026
For businesses with under 30 employees, learn more about our tiered HR Outsourcing packages.
Watch now
HR Outsourcing for Businesses with Under 30 Employees