Residential rents have reached another record high after rising by 10% over the past year.
The average advertised rent outside London has hit £1,278 a month, according to Rightmove. Rents have now reached record highs in each of the 15 quarters since the start of 2020.
Rents are also at a record high in London, where the average monthly cost is up to £2,637 per month, 12.1% higher than it was at this time last year.
