The UK's buy-to-let mortgage market is constantly evolving, with rates fluctuating in response to economic conditions. As of 2 July 2026, some of the best deals available to landlords include rates as low as 2.5% APR, according to data from leading mortgage providers.
For example, a two-year fixed-rate mortgage from a major lender offers a rate of 2.4% APR, while a five-year fixed-rate mortgage from a smaller specialist lender offers a rate of 2.7% APR. In contrast, tracker mortgages, which follow the base rate set by the Bank of England, are currently offering rates around 2.1% APR.
Landlords are facing a dilemma: should they opt for a fixed-rate mortgage, which offers stability and predictability but may come with higher interest rates, or a tracker mortgage, which may offer lower rates but carries the risk of interest rate increases.
The decision ultimately depends on individual circumstances and market conditions. However, with the mortgage market subject to change, landlords should carefully consider their options and consult with a mortgage advisor before making a decision.