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flag UK rents surge 27% since 2021, reaching £15,240 annually, due to high demand and limited supply.

flag UK rents have risen by £3,240 annually since the end of lockdowns, reaching £15,240 per year, a 27% increase since 2021. flag This rise is due to high demand and limited supply of rental properties. flag Despite slowing growth, rents are expected to rise 4% in 2025. flag To ease pressure, more homes need to be built, with Labour promising 1.5 million new houses over five years.

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