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The Guardian - UK
The Guardian - UK
Business
Larry Elliott Economics editor

Cost of private renting in UK rising faster than ever, says ONS

 Rents increased by 6.2% in the year to November.
Rents increased by 6.2% in the year to November. Photograph: Gary Calton/The Observer

The cost of renting a property from a private landlord is rising at the fastest rate since records began in 2006, the Office for National Statistics has said.

In a sign that the UK’s 4.6m private tenant households are failing to benefit from the fall in overall inflation and lower house prices, the ONS said rents increased by 6.2% in the year to November – up from 6.1% in October.

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