Renting in London: rents see biggest rise since records began in ‘most competitive market on record’

Private rents in London are rising at a record rate — jumping by 14 per cent in a year and piling pressure on struggling households.

Rents in the capital are now averaging £2,193 pcm, up from £1,919 last year. Its the biggest annual jump of any region since records began , according to Rightmove.