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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

Private rent in Britain now swallows 44% of the average wage

To let signs outside a building of flats
Citizens Advice said it was not unusual for some people’s rent to be more than half their take-home pay. Photograph: Anthony Devlin/PA

Average private rents in Great Britain have climbed to record highs, with the amount tenants are being asked to pay in some hotspots rising more than 25% in a year, data shows.

The typical advertised private rent outside London for properties coming on to the market rose to a record £1,385 a calendar month in the third quarter of this year, according to the property website Rightmove.

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