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Average UK rent has passed £1,000 as house price figure breaks through £260,000 barrier for the first time
Record rents of more than £1,000 a month and the average house price breaking through the £260,000 barrier are putting added pressure on households already facing a cost of living crisis.
Data from the tenant referencing agency HomeLet showed the average UK rent rose to £1,069 a month in February, up 8.6% on the same month of last year when the figure stood at £984.
