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Property Rents Continues to Rise

Renting a property is becoming more expensive as new figures reveal average monthly payments have reached £691 as demand outweighs supply.Rents rose for the ninth consecutive month in October, the latest Buy-to-Let Index from LSL Property Services plc showed.Last month saw rents rise by 0.4 percent meaning the annual inflation in the average UK rent has grown to a massive 4.5 percent.

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