Tenants in Britain ‘hit by highest increase in rent for a decade’ last month

Rents rose fastest in inner London, where the average monthly cost of newly let properties has climbed by 13.2% over the last year to reach £3,174 a month. Photograph: Amer Ghazzal/Shutterstock

Tenants in Britain last month were hit by the highest increase in rents for any November in at least a decade.

Rents on new tenancies rose 10.2% year-on-year, according to the estate agent Hamptons, which is the strongest growth recorded in any November since its records began in 2014.