More than half of mortgage brokers (52%) say they expect at least two interest rate cuts before the end of February 2026.
A Landbay survey, which polled the views of 58 brokers, asked the question: “How many interest rate cuts will there be by the end of February 2026?”
More than nine out of every ten brokers (91%) told the BTL lender that they predicted at least one further cut, with less than one in ten (9%) suggesting there would be no more cuts from the MPC over the period.
One in eight of the brokers polled (12%) said they expected three more cuts, with four in every ten (40%) saying they expected two more cuts.
A similar number (40%) said they expected just one cut before the end of February 2026.
Rob Stanton, sales and distribution director at Landbay (pictured above), commented: “Our research shows mortgage brokers are overwhelmingly optimistic about further interest rate cuts, with 91% expecting at least one more this year.
“This confidence reflects a strong belief in continued monetary easing, which could boost borrowing and market activity.
“While brokers clearly see sustained economic support from the Bank of England, I wonder if two cuts before the end of the year might look like wishful thinking following the July inflation figures.”
