Mortgage Market Update - Winter 2025

4 February, 2026

The mortgage market remains robust as we move through the winter months – a sign of lower interest rates and the continued easing of mortgage criteria and affordability restrictions

There is evidence emerging that rental demand is slowly cooling from previous record levels – a sign that there is a clear shift in tenant to buyer behaviour 

This is reflected in the growing numbers in FTB enquires and the increasing number of products becoming available specifically for those joining the housing ladder 

Only this week, Santander have launched a brand new FTB product which can accept a deposit as low as 2% of the purchase price – this is the first time in many years one of the big 6 lenders have launched a product allowing deposits which are less than 5%

With an expectation of further cuts to the Bank of England base rate as we move towards the spring, there is a real sense of positivity out there when it comes to increasingly affordable mortgages which are becoming easier to obtain. 

As always, please contact us at Choice Mortgage Solutions in one of Pearson's' offices for free initial advice from the whole of the mortgage marketplace

Ben Kany

Mortgage and Protection Consultant