Executive rents

Tuesday 28 June 1994 23:02 BST

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The price of Sir Norman's old home makes the staggering pounds 200,000 rental agreement on a house in Belgravia look reasonable. The 10-roomed house in South Eaton Place has been rented for three years by the chief executive of a multi-national company. At a weekly rate that works out at pounds 1,350 - a snip compared with the Hampstead house. Vogue Residential says it has let 25 properties under this kind of arrangement in Belgravia over the past year. It has two more chief executives on its books wanting the same kind of deal.

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