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London rent double that outside the capital

London rent now double that outside capital Credit: Reuters

For the first time ever, the cost of renting in London is double what it costs across the rest of the UK.

New figures from the HomeLet Rental Index show the average rent in the capital is now £1,412, compared to £694 elsewhere.

It also revealed rent in London has increased 11.2% in the last 12 months.