As the residential sales market is London slows down in the light of the escalating credit crisis both in the UK and US, Hurford Salvi Carr, specialist estate agent for the City, Docklands and West End, have launched a new London 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, and want all the creature comforts of a home but only on a short term basis.

 Kari Trajer, Associate Director at Hurford Salvi Carr believes this is 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).

 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 whilst waiting on a prospective purchase to complete.

 She comments: “The credit crisis has definitely created a new market for corporate HR teams and professional individuals who need to keep all their options open and find it extremely useful to take residential accommodation for an initial short term basis. This gives them the time to work out their long term strategy with their housing requirements”.

 For further information on the short let listings available, please call Kari Trajer on 020 7490 1122 or log onto www.hurford-salvi-carr.co.uk