Average monthly UK rent up 9% – the highest annual increase recorded

Average monthly UK rent up 9% – the highest annual increase recorded

Cost of renting rises in all parts of the UK, ONS says, with the average monthly rent in England now £1,276

The average monthly rent paid by tenants in the UK rose by 9% in the year to February, official figures show – the highest annual increase since records began in 2015.

Figures released by the Office for National Statistics on Wednesday highlighted what one campaigner described as a “cost of renting crisis”, with prices rising in all parts of the UK.

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