More than half of mortgage brokers (52%) count on not less than two cuts earlier than the top of February 2026, in line with 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 not less than one additional lower, just one in eleven (9%) instructed 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. An identical 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 November, as a consequence of persistent wage development and sticky inflation.
Commenting on the newest projections Landbay gross sales and distribution director Rob Stanton stated: “Our analysis exhibits mortgage brokers are overwhelmingly optimistic about additional rate of interest cuts, with 91% anticipating not less than another this 12 months. This confidence displays a powerful perception in continued financial easing, which might enhance borrowing and market exercise.”
He added that whereas brokers clearly noticed sustained financial help from the Bank of England, he puzzled if two cuts earlier than the top of the 12 months would possibly appear to be wishful considering following the July inflation figures.
The brokers’ optimism comes towards a backdrop of evolving financial situations. The Bank of England lower its base fee 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%.
