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London rents exceed pre-pandemic levels with average weekly rent £751

Rents in the capital have soared as Covid restrictions have eased, with the average weekly rent now standing at £751.

Data from estate agency Chestertons has found that the average rent has soared 21 per cent since 2020 when the average cost for renters was £589.

Demand has increased thanks to renters returning to the city for office jobs as well as the return of corporate tenants looking in pricier areas like Mayfair.

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