Wednesday 6 June 2012

Latest Olympics Update

As the Olympics approaches we have managed to renegotiate the payment terms for new Olympic contracts signed with our clients. Rather than 10% on signing and 10% in 2 months time we have negotiated for the client to pay 20% on signing and a further 20% in 1 months time directly to the landlord. 50% is then paid into the escrow account account and released on move in. Landlords that signed 2 months ago are now receiving their second payments. We have also negotiated a further contract for the St Andrews development in Bow. We have a new member of staff (Hasan) who is working hard to secure the best Olympic bookings for our clients.




If you have an apartment available in any of the developments below and would like to take advantage of our Olympic contract please contact us now to secure a booking.



Here is a selection of the best bookings still available:



Canary Wharf

West India Quay 2 bed - 19/6/12-15/8/12 (57 nights) - £18,060 (1 left)

West India Quay 1 bed - 19/6/12-15/8/12 (57 nights) - £12,900 (1 left)

Discovery Dock 1 bed - 8/7/12-16/8/12 (39 nights) - £9,300 (1 left)

Millharbour 2 bed - 19/7/12 - 13/8/12 (25 nights) - £7,500 (1 left)

Ability Place 2 bed - 23/7/12 - 13/8/12 (21 nights) - £6,300 (9 left)



Excel

Capital East 1 bed - 18/6/12 - 15/8/12 (58 nights) - £8.908 (7 left)

Oxygen 1 bed - 25/6/12 - 17/8/12 (53 nights) - £8,228 (2 left)

Grainstore 1 bed - 5/7/12 - 15/8/12 (41 nights) - £6,596 (2 left)

Westgate 2 bed 15/7/12 - 15/8/12 (30 nights) - £7,140 (6 left)

Capital East 2 bed 23/7/12 - 14/8/12 (23 nights) - £6,569 (19 left)



St Andrews 2 bed 15/7/12 - 15/8/12 (30 nights) £7,140 (1 left)

St Andrews 2 bed 24/7/12 - 14/8/12 (22 nights) £6,283 (3 left)

St Andrews 1 bed 22/7/12 - 14/8/12 (24 nights) £4,896 (1 left)

St Andrews 1 bed 24/7/12 - 14/8/12 (22 nights) £4,488 (3 left)



For those that choose not to take advantage of the Olympics we are getting a number of enquiries from tenants looking for long term contracts. If you have an apartment coming available shortly please contact us for an estimate of the rent we could achieve for you. With the world's eyes already focussing on East London we are seeing increased interest from overseas buyers in the Docklands property market. If you are considering selling, now may be a good time to cash in on overseas interest. Contact us now for a free valuation.



Best regards



Angus