'Great time' to be renting property
The current economic climate makes this an ideal time to be renting property, it has been suggested.
Chris Horne, editor of the Property Hawk website, explained that some tenants are able to negotiate over price and even secure upgrades.
He noted that extras such as satellite television and new washing machines are some of the things being achieved, something that could be of interest to those looking for flats to rent in Greenwich.
"Tenants are getting savvy in the respect that they are asking for a little bit more, knowing that a landlord is prepared to go that extra mile to attract a tenant," said Mr Horne, adding that similar negotiations are taking place when the time comes for a contract to be renewed.
Earlier this week, figures from FindaProperty revealed that the average cost of renting a home has fallen 5.3 per cent over the last year, with a typical flat now costing £765 per month.
Published 27th March, 2009
© 2009 Estates IT Limited
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The current economic climate makes this an ideal time to be renting property, it has been suggested.