Buy-to-let mortgage arrears dropped 24% year-on-year in Q1 2026, according to UK Finance data, reaching their lowest level since before the cost-of-living crisis.

The latest UK Finance data shows buy-to-let lending jumped 18.2% by number and 21.3% by value in Q4 2025, with remortgage activity driving much of the growth.

9,520 BTL mortgages were in arrears of 2.5%+ in Q4, down 9% from Q3.

59,467 new BTL loans worth £10.9 billion were issued in Q3 2025.

The average interest rate on new BTL mortgages fell to 4.99%, a drop of 41 basis points.

Homemover completions in March jumped 140% compared with the same month in 2024.