Crisis? What Crisis?

Rental yields remain strong across England and Wales, with northern regions like the North East (9.2%), North West (8.4%), and Yorkshire & Humberside (8.1%) leading the way. These areas attract landlords due to lower property prices, high tenant demand, and favorable income. Southern regions show lower yields, with Greater London at 6%.

First-time landlords are prominent in the North, particularly the East Midlands (19% of applications), while southern regions have fewer new investors. The North East stands out as the most affordable rental market (£739 average rent, £85k average loan).

Fleet Mortgages’ data highlights regional disparities in purchase and remortgage trends. In the North East, purchase applications exceeded remortgage, unlike in Greater London and Wales.

Despite challenges like rising costs and regulations, landlords continue to expand portfolios in high-yield regions, driven by tenant demand outstripping supply. Fleet Mortgages emphasizes the need for supportive policies to maintain rental home supply and encourage investment.