Mortgage Rates Are Falling Again… Is Now the Time to Buy? with Fraser Kelly
Episode Overview
In this episode of the Scottish Property Podcast, Fraser Kelly, founder of Kelly Residential, returns to break down the current state of the UK and Scottish property market in early 2026.
The conversation dives into falling mortgage rates, shifting buyer demand, rental market normalisation, and how AI is beginning to reshape property search and estate agency. Fraser also shares key insights on Making Tax Digital and what it means for landlords moving forward.
Episode Highlights
- Fraser Kelly’s view on the UK and Scottish property market in early 2026
- Why falling inflation could increase the likelihood of interest rate cuts
- How lower SONIA swap rates are helping mortgage products become more competitive
- Why sub-4% mortgage deals are starting to return
- How Scotland’s property market is outperforming wider UK price growth
- Why demand is shifting towards commuter towns and more affordable areas
- What high enquiry levels reveal about buyer demand
- Why first-time buyers are returning but still facing affordability challenges
- How rental growth is normalising after the sharp rises of recent years
- Why AI could change how buyers search for property online
- What landlords need to know about Making Tax Digital
Useful Links
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What do you think will shape the Scottish property market most in 2026 — rates, rents, AI or tax changes? Share your thoughts in the comments.
