REVEALED: Talking point what should be done to fix london s soaring rent | Vintage Vibes

Renting in London is now costing an average of £2,257 a month, record-high figures show.

That’s just over double what it costs in the rest of the country as a whole, though Rightmove’s figures show non-London asking prices are rising at a record rate. That is perhaps part-explained by Londoners accepting a change in life at half the price outside the capital. However, it doesn’t appear to be doing much to help the situation of a lack of housing stock and increasing competition for it.