The UK's buy-to-let landlords are preparing for a refinancing spree, with over three-quarters of them planning to tap into their existing portfolios within the next 12 months. This bold move aims to release equity and reinvest in expanding property interests, despite regulatory hurdles like the Renters' Rights Act.
According to Together's research, 76% of landlords expect to refinance, with a significant 36% 'very likely' to do so, and another 40% 'somewhat likely'. This proactive approach suggests they're confident in the market's potential for growth and believe ongoing opportunities will justify further investment. Just 12% expressed reluctance to refinance.
Together's buy-to-let lending data reveals a significant shift towards northern England and Scotland, driven by the quest for stronger rental yields and greater capital growth. Between 2020 and 2025, the North West saw its share increase by 3.3 percentage points, while Scotland gained two percentage points and Yorkshire and the Humber rose by 1.1 percentage points.
In contrast, traditionally dominant regions like Greater London and the South East experienced a decline in their combined lending share. This fell from 23.6% in 2020 to 20% in 2025, indicating landlords are strategically reallocating investment capital towards areas with more compelling growth prospects.
Russell Anderson, chief strategy officer at Together, comments on the findings, saying the large number of landlords planning to refinance reflects the resilience of the UK's buy-to-let sector. He notes that investors aren't merely holding onto existing assets but are actively seeking expansion opportunities, often by targeting areas beyond traditional hotspots.