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Rising rents: the news is a bitter blow for tenants already feeling the squeeze.
First-time buyers who can't yet afford to buy will be dealt a further blow with rent rises of as much as 8% expected, according to Savills.
The estate agent is predicting further rises of 8% across the most desirable London locations and 7% in the most sought-after central zones. These rises follow average rent rises of 11.5% across the capital last year. Read More: