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Manchester Evening News
Manchester Evening News
World
Jon Robinson

The price to rent a Manchester city centre apartment is rising faster than anywhere outside London... but why?

The price to rent an apartment in Manchester city centre grew faster than anywhere else outside London in the second half of 2022, according to new figures.

Research from property services firm JLL shows that rents in the city recorded an annual growth rate of 22%, compared with 18% in Birmingham, the next biggest.

JLL said the surge in prices was due the end of Help to Buy in October alongside the rise in mortgage rates following September's mini-Budget.

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