Rent rockets in London and the South-East | This is Money
A spring surge in demand from tenants pushed rents back up to record high levels during April, according to Britain's biggest lettings agency.
The typical cost of renting a home jumped by 0.8% during the month to £692, matching the record reached in November last year before rents suffered a seasonal downturn, according to LSL Property Services.
The latest jump has pushed rents 4.4% or £30 a month higher than they were in April last year, the strongest annual growth rate since November 2010.
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