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marcfaubeau

May 19, 20221 min read

Renters opting to stay put

Tenants are opting to stay put rather than risk moving and face higher rents, research suggests. Outside London, the average monthly rent was a record £1,088 in the first quarter of 2022, marking an 11% annual increase. In London, average asking rents shot up by 14% annually to £2,195 per calendar month, the Rightmove research shows. And 18% of landlords said the average length of tenancies had increased in the past year.

Daily Mirror

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