Here’s a copy of the Fleet Mortgages Rental Barometer with you which we’ve published today, covering Q2 2025 rental yields across England and Wales plus additional Fleet data from the last quarter, as well as the supporting press release.
Fleet Mortgages’ Rental Barometer Q2 2025
Rental yields remain resilient as buy-to-let landlords continue to invest across England and Wales
- Average yields in England and Wales up again, reaching 7.5% in Q2 2025
- Wales jumps to the top spot with an impressive average rental yield of 9%
- Limited company borrowers continue to dominate, making up 81% of all applications
- High demand (39%) from those looking to add properties to their rental portfolios
- First-time landlords holding steady, representing 14% of all applications
| Average Rental Yields | y/y change | ||
| Region | Q2 2024 | Q2 2025 | |
| Wales | 8.3% | 9.0% | 0.7% |
| North West | 8.4% | 8.8% | 0.4% |
| North East | 10.1% | 8.7% | -1.4% |
| Yorkshire and Humberside | 7.6% | 7.9% | 0.3% |
| East Midlands | 7.5% | 7.5% | 0.0% |
| West Midlands | 8.0% | 7.2% | -0.8% |
| South West | 6.9% | 7.1% | 0.2% |
| South East | 6.4% | 6.5% | 0.1% |
| East Anglia | 6.8% | 6.2% | -0.6% |
| Greater London | 6.1% | 6.0% | -0.1% |
| England & Wales (Total) | 7.6% | 7.5% | -0.1% |
Previous Rental Barometer reports can be accessed via our website: https://www.fleetmortgages.co.uk/broker-resources/