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Rents in London tumble for first time since 2010

But rates are expected to rise again next year

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Central areas, such as the borough of Kensington and Chelsea, experienced a rental drop of 2.3 per cent.

London

LONDON rents, which are among the highest in the world, have fallen this year for the first time since 2010 as landlords rushed into the rental market before a tax increase in April, a report published on Friday showed.

Landbay, a property-market lender, said private rents

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