In 2023, two-year fixed rate mortgages were the most popular mortgage type among buy-to-let landlords in the UK who planned to remortgage in the coming year. As of the third quarter of the year, 27 percent of landlords planned to remortgage in the next 12 months. Additionally, one in four was likely to go for a two-year fixed rate mortgage. It needs to be noted that a considerable share of landlords were still undecided.
Distribution of buy-to-let landlords who plan to remortgage in the next 12 months in the United Kingdom (UK) as of 3rd quarter 2023, by preferred mortgage type
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Paragon Banking Group. (December 17, 2023). Distribution of buy-to-let landlords who plan to remortgage in the next 12 months in the United Kingdom (UK) as of 3rd quarter 2023, by preferred mortgage type [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1452310/preferred-buy-to-let-mortgage-type-uk/
Paragon Banking Group. "Distribution of buy-to-let landlords who plan to remortgage in the next 12 months in the United Kingdom (UK) as of 3rd quarter 2023, by preferred mortgage type." Chart. December 17, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1452310/preferred-buy-to-let-mortgage-type-uk/
Paragon Banking Group. (2023). Distribution of buy-to-let landlords who plan to remortgage in the next 12 months in the United Kingdom (UK) as of 3rd quarter 2023, by preferred mortgage type. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1452310/preferred-buy-to-let-mortgage-type-uk/
Paragon Banking Group. "Distribution of Buy-to-let Landlords Who Plan to Remortgage in The next 12 Months in The United Kingdom (Uk) as of 3rd Quarter 2023, by Preferred Mortgage Type." Statista, Statista Inc., 17 Dec 2023, https://www.statista.com/statistics/1452310/preferred-buy-to-let-mortgage-type-uk/
Paragon Banking Group, Distribution of buy-to-let landlords who plan to remortgage in the next 12 months in the United Kingdom (UK) as of 3rd quarter 2023, by preferred mortgage type Statista, https://www.statista.com/statistics/1452310/preferred-buy-to-let-mortgage-type-uk/ (last visited November 03, 2024)
Distribution of buy-to-let landlords who plan to remortgage in the next 12 months in the United Kingdom (UK) as of 3rd quarter 2023, by preferred mortgage type [Graph], Paragon Banking Group, December 17, 2023. [Online]. Available: https://www.statista.com/statistics/1452310/preferred-buy-to-let-mortgage-type-uk/