CITY AGENT LAUNCHES SHORT LET DEPARTMENT
Hurford Salvi Carr, specialist residential letting agent with offices covering the City, Docklands and West End, has launched a new Short Let division to meet the increasing demand for short term enquiries.
The main demand is from blue chip companies and international high net worth individuals who need a City/West End/Canary Wharf base, yet want all the creature comforts of a home but only on a short term basis. With a short let property clients can achieve this without committing to the normal 6 – 12 month tenancy term, and are happy to pay a premium for the flexibility.
The benefit for the prospective Tenant is a “home from home” that offers maximum flexibility whilst on a short term contract in Central London, or whilst searching for longer term accommodation during their secondment in London, or perhaps whilst waiting on a prospective purchase to complete.
Kari Trajer, Associate Director at Hurford Salvi Carr believes the demand is increasing for short term rentals as a direct result of current market conditions and the global credit crunch which has tightened lending constraints and put many people off buying or renting for the fixed term contract (normally one year).
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