Market Sentiment as of September 2025

As we approach the November budget, there is growing speculation that property investors may face new forms of taxation as the government looks to close the £50 billion shortfall. While this creates some uncertainty, the market has proven resilient, and investors are largely pressing ahead. The reality is that challenges are constant, and sentiment remains one of pragmatism: keep moving forward.

On the finance side, the reduction in base rates and steadier swap rates have brought some much-needed stability. Pricing feels fair and balanced, without the sharp ups and downs we’ve seen before, which is giving both lenders and borrowers more confidence in the market

Property Investment

Residential / Buy-to-Lets

Rates are now available in the low 4% range from major providers, paired with relatively modest fees. This makes for a competitive environment and good news for customers.

HMOs

The HMO lending market continues to grow, particularly in the professional, investment-focused space. Rates are starting in the early 5% range.

Portfolios

At the lower LTV levels, we’re seeing rates from 4.7% with a 3% fee, which is very encouraging. For higher LTVs (65–75%), rates are coming in around 5.2–5.35% with modest fees. Overall, portfolio finance options are improving so contact us if you want to discuss this further.

Commercial Property Investment

Semi Commercial & Commercial

Rates are generally mid-6% for low LTV deals, ranging between 6–7%. Encouragingly, more lenders are entering the commercial mortgage market, widening the choice of products available to clients.

Property Development

Ground-Up Residential

While the market remains steady, there’s an increase in residential lenders offering up to 65–70% against end values. We’re also seeing more lenders enter the commercial development space, adding competition and opportunity.

Refurbishment & Conversion

Rates in this market are becoming more attractive, starting at around 0.7–0.73% per month with a 2% fee. More lenders are entering the space, creating greater choice for investors and developers.

Bridging

Bridging finance remains competitive, and for people purchasing or buying, or refinancing their developments, we’re seeing rates starting from 0.6% to 0.8% per month.

Commercial

We’re seeing lenders offering 65–70% LTV across commercial mortgages. Activity levels remain high, and competition among lenders is strong.

Business Finance

The commercial mortgage market has welcomed new entrants. For trading businesses (non-investment), we’re seeing rates in the early 5% range, with loans available up to 75% LTV. This remains a particularly attractive and highly sought-after area for lenders.

Business Loans: No major changes to report, but we continue to support clients in this area.
Asset Finance: Likewise, no significant updates, though we remain fully supportive for client requirements.

Get In Touch

If any of the topics listed above are of interest to you, or you simply want to contact our knowledgeable team to discuss your projects and plans, get in touch via our Contact Us page.