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Homeowners ‘tearing their hair out’ over rising rates and rents

“I really feel for my tenants,” the 64-year-old says. “One of them is really struggling, she pays her rent in parts when she has the cash. But now I’m going to have to tell her that her rent is going up. She has been [paying] £395 a month, and it’s now looking like it will go up to £450. That is quite an increase.