Fleet Mortgages’ Rental Barometer Q2 2026
Average rental yields rise across England & Wales compared to Q2 2025 but majority of regions experience a shorter-term dip
- The North East remains the best-performing region with yields reaching 9.2%
- Six regions continue to deliver yields above 8%
- Higher-yielding regions across the North and Midlands continue to outperform the South
- Purchase activity increased from 33% to 36% quarter-on-quarter, signalling growing landlord confidence
- Professional landlords remain highly active, with the average Fleet landlord borrower now holding 16 investment properties
- Limited companies account for 78% of all borrowing, underlining the ongoing professionalisation of the sector
| Average Rental Yields | y/y change | ||
| Region | Q2 2025 | Q2 2026 | |
| North East | 8.7% | 9.2% | 0.5% |
| North West | 8.8% | 8.8% | 0.0% |
| Yorkshire and Humberside | 7.9% | 8.7% | 0.8% |
| Wales | 9.0% | 8.1% | -0.9% |
| East Midlands | 7.5% | 8.1% | 0.6% |
| West Midlands | 7.2% | 8.0% | 0.8% |
| East Anglia | 6.2% | 7.1% | 0.9% |
| South East | 6.5% | 6.9% | 0.4% |
| South West | 7.1% | 6.6% | -0.5% |
| Greater London | 6.0% | 6.3% | 0.3% |
| England & Wales (Total) | 7.5% | 7.8% | 0.3% |
Previous Rental Barometer reports can be accessed via our website: https://www.fleetmortgages.co.uk/broker-resources/