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Evening Standard
Evening Standard
Business
Ella Jessel

‘Being a good tenant isn’t enough’: Londoners being driven out by huge rent hikes

London tenants are being forced to move out of their homes after being hit by sudden rent hikes as campaigners warn the chaotic market is breeding a “culture of malpractice”

For months now an extreme lack of available rental stock in the capital has created fierce competition for new lettings, and led to a return of furious bidding wars, block viewings and soaring rents — up 14.3 per cent in the first quarter of 2022 to a record high of £2,193 per month.

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