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Resi rents rise to record highs

Residential rents throughout Britain have reached record highs and are expected to rise still further this year.

The average rent outside London has reached £1,172 per calendar month, up almost 10% since the start of last year, according to Rightmove.

Within the capital, the average rent now stands at £2,480 a month, another record, while inner London rents have broken the £3,000-a-month barrier for the first time.

The Times (£)

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