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The Independent UK
The Independent UK
Business
Vicky Shaw

Tenants staying put for longer as rents rocket

Rightmove Tim Bannister London
PA Archive

Tenants are staying put for longer rather than being potentially hit with record rents by moving elsewhere, research from a property website suggests.

The average monthly rent being advertised across Britain (excluding London) was a record £1,088 in the first quarter of 2022, marking an 11% annual increase, Rightmove said.

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