Overall, buy-to-let product availability (fixed and variable) rose to 4,144 deals, its highest count on Moneyfacts’ electronic records (since November 2011).

Of these BTL agreements. There was a larger quantity of five-year fixed deals, versus two-year fixed deals.

The analysis also reveals that average buy-to-let fixed rates over two- or five-year fixed terms overall fell month-on-month, for the fourth consecutive month.

The average two-year fixed rate is at its lowest point since September 2022, whereas the average five-year fixed rate is at its lowest point since October 2024.

Commenting on the figures, Moneyfactscompare.co.uk finance expert Rachel Springall said:

“Landlords searching for a new buy-to-let mortgage may be pleased to see a rise in product availability, with the choice of deals soaring to its highest point on record.”

She added: “Lower buy-to-let rates might create a positive sentiment for new and existing landlords, however, there will be immense pressure on some to turn around a profit in the future.

“Landlords must ensure their property has a minimum Energy Performance Certificate (EPC) rating of C, by 2030 at the latest, according to the Government’s latest proposals. This is why a buy-to-let investment might not work for accidental landlords who are not able to fork out the costs to make renovations.”

Investors typically expect to make better profits if investing in multiple properties, but, Springall explains, by the same notion, it can open them to more risk if property prices plummet and they are locked into a mortgage or have no tenant for an extended period of time.

“Finding the right location to enter the market is essential, so it’s wise to expand property searches across other areas in the country outside of the obvious major cities.”