Average landlord portfolio grows to 18 properties as rental yield rises to 7.9% in England & Wales
- Yorkshire & Humberside was the best-performing region with yields reaching 9.3%
- Professional landlords remain highly active, with the average Fleet landlord borrower now holding 18 investment properties
- Landlords with 15 or more buy-to-let properties accounted for 30% of applications during the quarter
- First-time landlord applications edged upwards from 9% to 10%
- Limited company borrowing continued to dominate, accounting for 71% of all applications during Q3
| Average Rental Yields | y/y change | ||
| Region | Q3 2025 | Q3 2026 | |
| Yorkshire and Humberside | 8.2% | 9.3% | 1.1% |
| North East | 9.0% | 9.2% | 0.2% |
| East Midlands | 7.5% | 8.4% | 0.9% |
| North West | 8.5% | 8.3% | -0.2% |
| West Midlands | 7.5% | 8.2% | 0.7% |
| Wales | 8.2% | 7.5% | -0.7% |
| South East | 6.5% | 7.2% | 0.7% |
| South West | 7.0% | 7.1% | 0.1% |
| East Anglia | 6.6% | 7.0% | 0.4% |
| Greater London | 5.9% | 6.4% | 0.5% |
| England & Wales (Total) | 7.5% | 7.9% | 0.4% |
Previous Rental Barometer reports can be accessed via our website: https://www.fleetmortgages.co.uk/broker-resources/