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UK average rent up 8% annually: DPS

Rents in the UK went up by 8.21% on average between the second quarter of last year and the second quarter of 2022, says The Deposit Protection Service (DPS).

This equates to average rents rising from £804 to £870 per month.

And the jump up from Q1 2022 to Q2 2022 came to 2.47% – from £849 to £870 – the fastest quarterly increase since its records began in 2007.

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