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More tenants 'negotiating extras'

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Tenants are becoming increasingly savvy in negotiations, an expert asserts, which may interest buy-to-let insurance holders.

Chris Horne, editor at Property Hawk, claims that it is currently a good time to lease and suggests that people are looking to discuss deals from the headline rents.

He says that extras are also areas where buy-to-let insurance holders may be expected to negotiate, with items such as satellite television and extra facilities proving capable of attracting tenants.

Other areas which could act as a draw include offering an upgrade to the property, such as a new kitchen, washing machine or fridge freezer, he states.

Mr Horne says: "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."

According to the Gumtree Rental Index, during 2009's first quarter the average UK rental price fell by 2.2 per cent, with buy-to-let insurance holders in London lowering this by 3.6 per cent.ADNFCR-873-ID-19094720-ADNFCR

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