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Evening Standard
Evening Standard
Business
India Block

Londoners spent a record-breaking £32.1 billion on rent this year

Eye-watering rises have seen London tenants spend £32.1 billion on rent this year – more than the combined rental costs of everyone in Scotland, Wales, the Midlands and the North East.

The average rent in the capital now costs £2,425 per month, 11.8 per cent more than in November 2022.

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