Nearly four in 10 landlords are planning to refinance during the next year, according to the Q1 2026 Landlord Trends research from Pegasus Insight.
Refinancing activity is set to be driven disproportionately by larger portfolio landlords, with 56% of those holding four or more mortgages intending to remortgage within the next 12 months, compared to 24% of landlords with one to three mortgages.
Pegasus said the findings suggest that, despite ongoing regulatory change and wider economic pressures, landlords remain actively engaged with the mortgage market and continue to manage increasingly complex borrowing arrangements across multiple properties.
Those expecting to refinance over the next 12 months anticipate remortgaging an average of 2.7 loans each.
The research also indicated that continued landlord investment in the sector is underpinned by stable tenant demand and long-term occupancy patterns.
Separate Wave 1 2026 Tenant Trends research found that tenants have currently been in rented accommodation for an average of 8.2 years, including more than five years in their current property on average.
Two thirds of tenants also say they intend to stay in their current rental property when their existing agreement ends.
Mark Long, founder and managing director of Pegasus Insight (pictured above), commented: “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.
“Landlords are not standing still — many are actively refinancing, restructuring borrowing and reviewing funding arrangements across multiple properties, creating continued demand for dedicated BTL 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.”
