Nottingham residents are feeling the squeeze as the average rental price in the city shoots up. Figures released by lettings agency Haart show the average private rent rate in greater Nottingham in September was £630 per calendar month – up from £476 in January. Stephen Wright, a spokesman for the company, said: "Leicester has gone up too but Nottingham is way above it. It's not just the capital of the East Midlands – it's also the rent capital."
The average rent in Leicester for September was £577.10, and the figure for Lincoln was £610.71. Mr Wright said: "We have a huge number of students, so that's squeezed the available property. "Demand is much greater than the supply and there's so much competition for a place to live that it's difficult to find anything." Read more on the Nottingham Post website.
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