This report does not constitute a rating action. Table 1 Buy-to-let (BTL)–Key features Q4 2024 Number of loans 75,595 Total current balance (mil. £) 16,032 Average original balance (£) 215,802 Average current balance (£) 212,076 90+ delinquencies (% of total current balance) 1.01 WA original loan term (years) 22.1 Five-year fixed term (% of loans originated on or after 2023) 84.4 WA current interest rate – loans currently on a fixed rate (%) 4.4 WA current interest rate – loans currently on a floating rate(%) 9.3 WA interest rate reversion margin (% of total current balance) 4.6 Interest rate reversion margin (% of total current balance) 6 0.0 WA–Weighted-average. Q–Quarter.
This report does not constitute a rating action. Table 1 Buy-to-let (BTL)–Key features Q4 2024 Number of loans 75,595 Total current balance (mil. £) 16,032 Average original balance (£) 215,802 Average current balance (£) 212,076 90+ delinquencies (% of total current balance) 1.01 WA original loan term (years) 22.1 Five-year fixed term (% of loans originated on or after 2023) 84.4 WA current interest rate – loans currently on a fixed rate (%) 4.4 WA current interest rate – loans currently on a floating rate(%) 9.3 WA interest rate reversion margin (% of total current balance) 4.6 Interest rate reversion margin (% of total current balance) 6 0.0 WA–Weighted-average. Q–Quarter. This report does not constitute a rating action. Table 1 Buy-to-let (BTL)–Key features Q4 2024 Number of loans 75,595 Total current balance (mil. £) 16,032 Average original balance (£) 215,802 Average current balance (£) 212,076 90+ delinquencies (% of total current balance) 1.01 WA original loan term (years) 22.1 Five-year fixed term (% of loans originated on or after 2023) 84.4 WA current interest rate – loans currently on a fixed rate (%) 4.4 WA current interest rate – loans currently on a floating rate(%) 9.3 WA interest rate reversion margin (% of total current balance) 4.6 Interest rate reversion margin (% of total current balance) 6 0.0 WA–Weighted-average. Q–Quarter. Read More
