"Landlords are not standing still - many are actively refinancing, restructuring, borrowing and reviewing funding arrangements across multiple properties"
- Mark Long - Pegasus Insight
Nearly four in ten landlords are planning to refinance within the next 12 months, according to Q1 2026 research from Pegasus Insight, pointing to sustained buy-to-let refinancing demand across the sector despite ongoing regulatory and economic pressures.
The findings, drawn from the firm's Landlord Trends research, show that 39% of landlords intend to remortgage in the coming year.
Activity is expected to be concentrated among larger portfolio holders: 56% of landlords with four or more mortgaged properties plan to remortgage, compared with 24% of those holding one to three mortgaged properties.
Those planning to refinance expect to remortgage an average of 2.7 loans each, underlining the volume of activity likely to reach the market over the next 12 months. The average mortgaged landlord now holds multiple buy-to-let loans, reflecting the growing complexity of borrowing arrangements across the sector.
The research also points to the stable tenant demand supporting continued landlord investment. Separate Wave 1 2026 Tenant Trends data from Pegasus Insight found that tenants have been in rented accommodation for an average of 8.2 years, including more than five years in their current property. Two-thirds say they intend to stay when their existing agreement ends, providing landlords with relatively predictable long-term income.
"While much of the recent discussion around the private rented sector has focused on the potential negative impact of the Renters Rights Act and the threat of future rent controls, these findings highlight the continued scale of borrowing activity taking place across the landlord market," said Mark Long, founder and managing director of Pegasus Insight (pictured).
"Landlords are not standing still - many are actively refinancing, restructuring, borrowing and reviewing funding arrangements across multiple properties, creating continued demand for dedicated buy-to-let lending and expert advice. What also stands out is the stability underpinning the sector.
"Tenant demand remains resilient, and tenancies are often long-term in nature, helping to provide landlords with relatively predictable rental income over extended periods. That combination of sustained refinancing activity and stable occupancy continues to make the buy-to-let market an important area of opportunity for lenders and intermediaries alike."
