Now could be a great time to become a first-time landlord
If you have ever considered building a property portfolio as a landlord, now could be a great time to start your journey.
Information from a market-leading property portal indicates rents have risen at the fastest rate on record, and tenant demand has almost doubled. At a time when interest rates on traditional savings accounts are low, many believe it is a good time to invest in the property market. *
Lenders are evidently committed to supporting prospective landlords. A recent report from a popular money comparison site revealed there are currently 2,235 mortgage products on offer to first-time landlords, an increase of more than 70% than the same time last year.
A huge 64% of available buy-to-let mortgage products are catering to first-time investors and rates are attractive, allowing landlords to protect themselves against future rate rises by locking into a good deal with a fixed-rate mortgage. The average two-year fixed rate mortgage for a first-time landlord is currently 3.19%, rising to 3.47% for a five-year fixed product.
If you would like to explore buy-to-let properties and mortgage products which could lay the foundations for your property portfolio, call us today and talk to one of our team members.
*Property Reporter
This article was originally published by BriefYourMarket and is reproduced here with their permission.
For more company news and insights from Pygott & Crone, click here
Latest news
The autumn deadline student tenants need on their radar
The autumn deadline student tenants need on their radar Most of the changes introduced by the Renters' Rights Act on 1 May 2026 work in tenants' favour: stronger security of tenure, no more no-fault evictions, and the freedom to leave at any point with two months' written notice.
What your landlord must do with your deposit, and by when
What your landlord must do with your deposit, and by when When you hand over a deposit at the start of a private tenancy in England or Wales, the law sets out precisely what your landlord must do with it and when.
Why first-time buyers pay wildly different stamp duty depending on where they buy
Why first-time buyers pay wildly different stamp duty depending on where they buy First-time buyers in England start from the same point on paper: a stamp duty relief threshold that means no tax is paid on the first £300,000 of a purchase price.
Three heatwaves, three dips, one resilient buyer market
Three heatwaves, three dips, one resilient buyer market The summer of 2026 tested the UK property market with an unusual combination of pressures: three separate heatwaves, a World Cup, a period of political uncertainty, and elevated mortgage rates following the conflict in Iran.
