Nearly four in ten landlords are gearing up to refinance in the coming year, according to Pegasus Insight’s latest Q1 2026 Landlord Trends survey. This isn’t just a small ripple—it’s a clear sign that borrowing demand in the buy-to-let sector remains robust and active.
Larger Portfolios, Bigger Moves
The data shows that landlords with larger property portfolios are leading the charge. Over half (56%) of those holding four or more mortgages plan to remortgage within the next 12 months. In contrast, only about a quarter of landlords with one to three mortgages share that ambition. This tells us that the more complex and extensive the property holdings, the more likely landlords are to engage actively with refinancing opportunities.
What’s particularly striking is the average number of loans those planning to refinance expect to remortgage—2.7 loans each. Managing multiple mortgages across properties can be a juggling act, and these landlords are clearly looking to optimize their borrowing arrangements as market conditions evolve.
Steady Tenant Demand Supports Confidence
Another reassuring piece of the puzzle comes from the tenant side. According to Pegasus Insight’s 2026 Tenant Trends research, two-thirds of tenants intend to stay put when their current rental agreements end. This stability in long-term occupancy underpins landlords’ confidence, providing consistent rental income streams that make refinancing and further investment more feasible and attractive.
Looking Beyond the Headlines
Mark Long, founder and managing director of Pegasus Insight, offers a perspective that cuts through recent concerns about the Renters’ Rights Act and looming rent controls. While these topics have dominated discussions about the private rented sector, the ongoing borrowing activity reveals a landlord market that is far from passive.
“Landlords are not standing still,” Long emphasizes. “Many are actively refinancing, restructuring borrowing, and reviewing funding arrangements across multiple properties. This creates continued demand for dedicated buy-to-let lending and expert advice.”
What This Means for the Market
So, what can we take away from this? Despite regulatory uncertainties and economic headwinds, the buy-to-let sector shows resilience. Landlords—especially those with larger portfolios—are proactively managing their finances, which keeps the mortgage market engaged and competitive.
If you’re a landlord pondering your own refinancing options, this research highlights the importance of staying informed and agile. With tenants showing loyalty and steady demand, there’s a foundation for strategic financial decisions that can strengthen your portfolio’s long-term health.