The magnetoelastic properties of iron-rich REFe 10V 2 (RE=Nd, Y) compounds were studied via magnetostriction and thermal expansion measurements in the 5–300 K range of temperature in up to 6 T external fields. Results of thermal expansion analysis show that the spontaneous magnetostriction of the compounds mostly originates from itinerant magnetization. Besides, the small volume striction appearing in the thermal expansion of the Nd compound close to 50 K suggests the existence of a basal to conical spin re-orientation transition. The volume magnetostriction isotherms of both compounds take minimum values for external field corresponding to the anisotropy field. In addition, the anisotropic and the volume magnetostriction traces of the NdFe 10V 2 take marked maxima under low field, with a relatively large initial magnetostrictivity, again more pronounced at the conical–axial spin re-orientation transition ( T SR=130 K). Analysis of the anisotropic magnetostriction of the Nd compound leads to the conclusion that the contribution of Nd–Fe interactions is negligible. The temperature dependence of volume magnetostriction is in good agreement with prediction of a phenomenological model based upon a fluctuating local band theory. This analysis shows that the difference between the forced volume strictions of Y and Nd compounds below and above T SR originates from the Nd sublattice magnetization.