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Share of buy-to-let landlords who undertook different actions related to their mortgage deal in the United Kingdom (UK) as of 2nd quarter 2023

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Source

Release date

December 2023

Region

United Kingdom

Survey time period

Q2 2023

Number of respondents

1,100 respondents

Special properties

NRLA members; actions undertaken since July 2022

Citation formats

Buy-to-let landlords' response to rising mortgage rates in the UK 2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Mar 11, 2024

One in buy-to-let landlords in the UK renegotiated their deal with the same company, according to a survey conducted in the second quarter of 2023. Additionally, about ** percent were forced to hike rents since July 2022 because of the terms of the mortgage deal. Furthermore, approximately ** percent used non-rental income to cover part of the monthly repayment and avoid the rent of the property from rising. 

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Mortgage industry worldwide: developed marketsHousing market in the U.S.Housing market in CanadaGlobal housing market First-time home buying UK
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