More than half (52%) of mortgage brokers said they expected at least two interest rate cuts before the end of February 2026, according to research by Landbay.
In the survey, 91% of brokers said they thought there would be at least one more cut, while only 9% said there would be no further cuts from the Monetary Policy Committee (MPC) in that time.
12% expected three more cuts, while 40% said they expected two.
The same number (40%) said they expected one more cut before the end of February 2026.
Rob Stanton, sales and distribution director at Landbay, said: “Our research shows mortgage brokers are overwhelmingly optimistic about further interest rate cuts, with 91% expecting at least one more this year.
“This confidence reflects a strong belief in continued monetary easing, which could boost borrowing and market activity.
“And over half of the intermediaries we polled told us they anticipate at least two cuts by year-end suggesting robust expectations for the back end of 2025.”
Stanton added: “While brokers clearly see sustained economic support from the Bank of England, I wonder if two cuts before the end of the year might look like wishful thinking following the July inflation figures.
“Either way, Landbay is committed to helping our broker partners navigate this evolving landscape.”
