Notting Hill resident’s view on how the financial meltdown has hit the Americans bankers:

Life gets tough-ish in Notting Hill [Times Online]

We’re not particularly fond of Mrs. Johnson stabbing her neighbours in the back but she did give us some interesting inside information:

- At one point during 2003-7, Americans occupied 65% of the rentals in Notting Hill. British landlords were asked – no, told – to install power showers and security lights and new kitchens. Dry cleaners were told to stop losing clothes or they would be sued.

- Marlene Kemp from Jackson-Stops estate agency in Portland Road says that there’s no activity on rentals between £3,000 and £5,000 a week. 1-bedroom and 2-bedroom flats letting between £500 and £800 are popular with younger people at a lower level, and all prices are – you might say – very negotiable.

This entry was posted on Tuesday, September 23rd, 2008 at 9:46 pm and is filed under For Tenant. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.