4th March 2016
Analysing a report from Shelter which details rents paid across the country, the Standard focuses on the figures for the capital. It says London renters in a two-bedroom home have paid an average £89,000 to their landlord in the last five years. Kensington and Chelsea and Westminster residents faced the most expensive rents, paying up to £173,595 and £159,367 respectively over the period. Bexley renters saw the lowest total, paying £52,533 in five years. Nationally, 46% of 25-34 year olds now privately rent, compared to 24% ten years ago.
Evening Standard (03/03/2016)