More than half of mortgage brokers (52%) expect at the least two cuts earlier than the top of February 2026, in response to a survey from Landbay.
The survey carried out in August additionally revealed that whereas ten in each eleven brokers (91%) informed the specialist buy-to-let lender that they predicted at the least one additional lower, just one in eleven (9%) recommended there can be no extra cuts from the Bank of England over the interval.
One in eight of brokers polled (12%) stated they anticipated three extra cuts with 4 in each ten (40%) anticipating two extra cuts. The same quantity (40%) stated they anticipated one other lower earlier than the top of February 2026.
Research from Pantheon Macroeconomics suggests the August lower could also be a ‘one-and-done’ transfer, with the market analyst’s chief UK economist, Rob Wood, predicting only one further lower in 2025, seemingly in (*6*), attributable to persistent wage progress and sticky inflation.
Commenting on the most recent projections Landbay gross sales and distribution director Rob Stanton stated: “Our analysis reveals mortgage brokers are overwhelmingly optimistic about additional curiosity rate cuts, with 91% anticipating at the least yet another this 12 months. This confidence displays a robust perception in continued financial easing, which may enhance borrowing and market exercise.”
He added that whereas brokers clearly noticed sustained financial assist from the Bank of England, he questioned if two cuts earlier than the top of the 12 months would possibly seem like wishful considering following the July inflation figures.
The brokers’ optimism comes in opposition to a backdrop of evolving financial circumstances. The Bank of England lower its base rate by 0.25 proportion factors to 4% on 7 August 2025, marking the fifth discount since August 2024, when charges stood at a 16-year excessive of 5.25%.
