Brighton Property Market

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Brighton is a popular seaside city on the south coast of England, known for its vibrant culture, diverse population, and beautiful beaches. It is also a popular destination for property investors, due to its strong economy and growing population.

Current State of the Brighton Property Market

The Brighton property market has been buoyant in recent years, with prices rising steadily. The average property price in Brighton is now £440,000, which is around 20% higher than the UK average.

The demand for property in Brighton is high, due to a number of factors, including:

  • The city’s strong economy: Brighton is home to a number of thriving businesses and industries, including tourism, technology, and creative services.
  • Its growing population: Brighton’s population has grown by over 20% in the last decade.
  • Its desirability as a place to live: Brighton is a vibrant and cosmopolitan city with a lot to offer residents, including a thriving arts and culture scene, a diverse range of restaurants and bars, and easy access to London and other major cities.

Factors Influencing the Brighton Property Market

There are a number of factors that could influence the Brighton property market in the coming years, including:

  • The overall state of the UK economy: If the UK economy experiences a recession, this could lead to a decline in property prices in Brighton.
  • Interest rates: Rising interest rates could make it more expensive to borrow money to buy a property, which could lead to a decrease in demand.
  • Government housing policy: Government policy changes, such as changes to stamp duty or tax relief for landlords, could also impact the property market.

Outlook for the Brighton Property Market

Overall, the outlook for the Brighton property market is positive. The city’s strong economy, growing population, and desirability as a place to live are all likely to continue to drive demand for property.

However, it is important to be aware of the factors that could influence the market in the future, such as the overall state of the UK economy, interest rates, and government housing policy.

Tips for Buying Property in Brighton

If you are considering buying property in Brighton, here are a few tips:

  • Do your research: Before you make an offer on a property, it is important to research the local market carefully. This will help you to understand what prices are being achieved for similar properties in the area.
  • Get pre-approved for a mortgage: This will give you an idea of how much money you can borrow and what your monthly repayments will be.
  • Be prepared to move quickly: The Brighton property market is competitive, so it is important to be prepared to move quickly if you find a property that you like.
  • Get professional advice: We offer free buy to let advice, why not fill out our simple form here for a free 30 minute session.

Renting a property in Brighton

Brighton is a popular coastal city in Sussex, England, with a vibrant culture and a thriving economy. It is also a popular tourist destination, which means that there is a high demand for rental properties in the city.

If you are considering renting a property in Brighton, there are a few things you need to know.

  1. The rental market in Brighton is competitive

Brighton is a popular city to live in, so there is a high demand for rental properties. This means that you may need to act quickly if you find a property that you like. It is also important to be prepared to negotiate on rent, as landlords may be able to afford to be picky about their tenants.

  1. Rental prices in Brighton are relatively high

The average rent for a one-bedroom flat in Brighton is around £1,100 per month, while the average rent for a two-bedroom flat is around £1,400 per month. If you are looking for a larger property, or a property in a more desirable location, you can expect to pay even more.

However, if you have a property and you are unsure of the rental valuation – contact us today here.

  1. There are a variety of different types of rental properties available in Brighton

Brighton has a wide range of rental properties available, from small studio flats to large detached houses. You can also find properties in a variety of different locations, from the city centre to the suburbs.

  1. When renting a property in Brighton, it is important to be aware of your rights and responsibilities

As a tenant, you have certain rights, such as the right to live in the property in peace and the right to have repairs carried out by the landlord. You also have certain responsibilities, such as paying your rent on time and keeping the property in good condition.

Here are some tips for renting a property in Brighton:

  • Start your search early. The best rental properties tend to go quickly, so it is important to start your search as early as possible.
  • Register with a letting agent. Letting agents can help you to find suitable properties and can also negotiate on your behalf.
  • Be prepared to act quickly. If you find a property that you like, be prepared to act quickly and put in an offer.
  • Be aware of your rights and responsibilities. As a tenant, you have certain rights and responsibilities. It is important to be aware of these before you sign a tenancy agreement.

Here are some of the most popular areas to rent in Brighton:

  • The city centre: The city centre is a popular place to live, as it is close to all of the amenities that Brighton has to offer. However, rental prices in the city centre are the highest.
  • Kemptown: Kemptown is a popular area with students and young professionals. It is also close to the beach and the city centre.
  • Hove: Hove is a more affluent area of Brighton, with a mix of families and professionals. Rental prices in Hove are generally higher than in other parts of the city.
  • Preston Park: Preston Park is a popular area with families, due to its proximity to Preston Park itself and other green spaces. Rental prices in Preston Park are generally higher than in other parts of the city.

If you are thinking about renting a property in Brighton, it is important to do your research and to be prepared for a competitive market. However, with a little planning, you should be able to find the perfect property for you.

Renting in Hove.

Hove is a beautiful seaside city on the south coast of England, just east of Brighton. It is a popular destination for both tourists and residents, and the rental market in Hove is relatively competitive.

If you are considering renting in Hove, there are a few things you should keep in mind:

  • Budget: The average rent for a one-bedroom flat in Hove is around £1,100 per month, and for a two-bedroom flat it is around £1,400 per month. However, rents can vary depending on the location and size of the property.
  • Location: Hove is divided into several different districts, each with its own unique character. Some of the most popular areas to rent in Hove include:
    • Hove Park: A leafy and affluent area with a mix of Victorian and Edwardian houses and flats.
    • Churchill Square: A lively and central area with a good mix of shops, restaurants, and bars.
    • West Hove: A popular area for families, with a good selection of schools and parks.
    • Hove Lagoon: A popular area for young professionals, with a mix of modern flats and apartments.
  • Type of property: The most common type of property to rent in Hove is a flat or apartment. However, there are also a number of terraced houses and detached houses available to rent.

Tips for finding a rental property in Hove:

  • Start your search early: The best rental properties in Hove tend to go quickly, so it is important to start your search early.
  • Register with letting agents: Letting agents will have a good selection of rental properties available, and they can help you to find a property that meets your needs.
  • Be prepared to compromise: The rental market in Hove is competitive, so you may need to compromise on your budget or location in order to find a suitable property.
  • Attend viewings: It is important to attend viewings of any properties that you are interested in renting. This will give you a chance to see the property in person and to ask the letting agent any questions that you have.

Once you have found a rental property in Hove, you will need to sign a tenancy agreement. This is a legal contract between you and the landlord, and it sets out the terms of your tenancy, such as the rent, the deposit, and the length of the lease.

Things to consider when signing a tenancy agreement:

  • Rent: Make sure that you can afford the rent and that it is within your budget.
  • Deposit: The landlord is legally allowed to ask for a deposit of up to five weeks’ rent. This deposit will be returned to you at the end of your tenancy, minus any deductions for damage to the property.
  • Length of lease: Tenancy agreements in Hove are typically six or twelve months long. However, it is possible to negotiate a longer tenancy agreement with the landlord.

If you are looking for a property to rent, contact our lettings department now on 01273 724000!

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google-review Review
Tegan
Tegan
17:30 22 Feb 24
Have been very accommodating and helpful when calling agents. They have been very helpful in being able to secure a house for students.
TheFlyingCrocodile
TheFlyingCrocodile
16:42 21 Feb 24
Went above and beyond to get things sorted for me
Brittany Stace
Brittany Stace
11:18 24 Jan 24
Harringtons have been incredibly helpful and supportive of us as new renters and they have been super efficient in getting all of the documents sent through and signed in such a short period of time. Thank you!
Georgie Prebble
Georgie Prebble
20:36 05 Jan 24
Jade Innes
Jade Innes
10:24 04 Jan 24
So far the service has been good. The staff are very friendly and quick to respond to any questions and requests.
Polly Smith
Polly Smith
11:17 28 Dec 23
we chose this letting agents as they chose a good bills company that is much cheaper than other agents. When viewing houses the staff were very friendly and have been very helpful in answering our questions and making the process as easy as possible.
Emma Howe
Emma Howe
16:06 14 Nov 23
I would rate Harringtons Lettings a 5/5. Very lovely on the phone and very quick and easy to communicate with via email. Any problems have been resolved in no time at all. So far so good!I found Harringtons via Rightmove.
Akwisitions Feedback
Akwisitions Feedback
16:25 30 Oct 23
Very responsive and super helpful throughout the process. Highly recommended!
Chloe Ballard
Chloe Ballard
17:28 02 Oct 23
Although I have only been renting with Harringtons for a short period of time, I have had nothing but a positive experience. From viewing to admin updates. The admin team especially are very polite and quick to respond and I have no doubt that the rest of my tenancy will run smoothly. I would recommend to anyone considering renting in brighton.
Matthew Ball
Matthew Ball
11:46 19 Sep 23
Professional communication with tenant although entirely impersonal. There was a bigger disconnect in their communication with the landlord in most cases, which seemed to be either slow or non-existent (discovered after contacting the landlord directly).Property was full of spider webs on day 1 despite apparently being professionally cleaned. Took a day off of work to clean it on move out day, leaving it cleaner than when it received but still had to pay part of the deposit for professional cleaning.It has been a while since I have rented, but I'll avoid letting agencies completely now if this is anything close to the average renting experience.
Ronan SK
Ronan SK
12:38 12 Sep 23
Great professionalism/communciation from the start up until the end of my tenancy. Definitely set the standards for what agencies should be like. Highly recommend to those within Brighton.
Daniel Sutton
Daniel Sutton
10:29 24 Aug 23
I have rented with Harringtons Lettings before and have always found the agents to be quick, efficient, friendly and helpful. I loved their service so much I have chosen to rent with Harringtons again. Faultless 😊
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