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Rents hit new high as landlords deal with ‘queues of prospective tenants’

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Tenants are feeling the squeeze as new rents outside of London have hit a new record high of £1,231 – that’s 33% or £300 more than pre-pandemic 2019.

Renters in London are now forking out £2,567 for a new tenancy with rents 28% or £559 higher than in 2019.

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