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Evening Standard
Evening Standard
Business
Jonathan Prynn

London rental prices hit record high in ‘drastic’ new cost of living squeeze for tenants

London rents have soared to a record high in a “drastic” new cost of living squeeze for hundreds of thousands of tenants, according to a new survey.

The average London monthly rent jumped 10.9 per cent last year to £2,142 sending them above pre-pandemic levels for the first time by the end of 2021.

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