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Desperate Landlords

‘The Evening Standard reports that desperate London landlords who thought the Olympics would bring them pots of gold have been left with properties they can’t let, despite deep rental rate cuts in some of London’s key postcodes.

Max Slaght, a director of central London agents Domus Nova, says: “After the Games, we were just inundated by landlords wanting new tenants, and some of them were really desperate. That’s when prices started to fall.”‘

Source: Evening Standard

Myfanwy Neville

Partner, Property and Construction

T +44 (0)20 8922 9376
E myfanwy.neville@bkl.co.uk

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