PREDICTIONS FOR RESIDENTIAL LETTINGS IN 2010

Kari Trajer, Associate Director at Hurford Salvi Carr comments “Over the first half of last year, Tenants enjoyed a wide choice of properties to rent throughout the capital, however rents have now stopped falling as the supply from accidental Landlords has tailed off. Hurford Salvi Carr’s four London offices saw a strong increase in tenancies renewing during 2009. The increase was from Tenants unable to secure finance to purchase a property of their own, and with rents stabilising, this prevented those Tenants from making a move elsewhere to gain a price advantage. 2010 lettings