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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 5 sources · 16 days · First seen · Last updated
UK mortgage market lending trends
Overview
The UK mortgage market has seen shifts in lending criteria and volume. Building societies, such as Teachers for Intermediaries (TFI) and Skipton Building Society, have expanded lending limits. TFI increased its maximum loan-to-value (LTV) limit to 95% for new-build houses and flats, while Skipton Building Society expanded its higher loan-to-income (LTI) lending policy, allowing eligible customers to borrow up to 6x their income on lending up to 90% LTV.
In the second quarter of 2026, buy-to-let lending rose by 25% to a total value of £10.7 billion, with remortgaging accounting for approximately three-quarters of completed loans. Amidst rising inflation and economic uncertainty, some retail lenders like TSB have introduced minor reductions on selected fixed-rate house purchase and remortgage products.
Entities
UK Finance · Skipton Building Society · Paragon Bank · TSB · United Kingdom
Timeline
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[BUSINESS] 4 sourcesUK mortgage market shows resilience amid rate shifts
UK buy-to-let lending rose 25% to £10.7 billion in Q2 2026, driven largely by remortgaging. Meanwhile, TSB has cut select mortgage rates amid rising inflation and economic uncertainty.
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[BUSINESS] 2 sourcesUK building societies expand mortgage lending limits
UK lenders Teachers for Intermediaries and Skipton Building Society are expanding mortgage criteria, increasing loan-to-value and loan-to-income limits to support homebuyers.
Sources
credit-connect.co.uk · mortgagestrategy.co.uk · property118.com · theintermediary.co.uk · thenegotiator.co.uk