Brighton – Pleased With Its Buy To Let Market
May 31st, 2010
Brighton Short Breaks has watched the ups and downs with the house marketplace with close interest, as, together with most everyone else in this country, our residence forms part of our long-term insurance against old age poverty.
So the potential that our long-term investment could have crumbled before our eyes, with the slump blowing around the earth, has been averted (for the time being at least) by the fact that Brighton and Hove continue to fare so well in terms of being the destination of preference for so many house hunters!
town of Brighton and Hove has fared enormously well in a number of reports into which cities were considered the best places to live in the UK, - consistently being in the top 3 – and that has meant that despite the depression, Brighton and Hove residential house has not only held its value, but sustained growing inside the face of adversity!
Helped largely by the truth that approximately a 3rd with the University population that graduates each year chooses to stay in the town – putting pressure on the first abode market, the sustained migration from Londoners looking for a better quality of life without sacrificing any in the cultural opportunities a big city can offer, plus all those envious people who read the statistics about just how much happier than the rest of the country we in Brighton are, all means Brightonians tend to be more content with themselves than ever.
Jean Shillinglaw, Director of house specialists RDA Estates confirms that industry is as buoyant as ever.
‘Whatever the state of the marketplace, if a location is constantly the preferred location of the majority of residence seekers and investors then that location will always fare better, and provide a better return than others. ‘
Truly location,location,location then!
She goes on to say: ‘ Brighton and Hove prove to be popular both with private house hunters in need of an aspirational life-style, but additionally increasingly aided by the buy to let investors – because such will be the interest in accommodation in town from young professionals, quality rental properties are always in brief supply!’
‘Whereas investors in cities like Leeds came unstuck due to a situation of over-supply of rental property and under-supply of tenants, Brighton and Hove is still struggling to to accommodate all the new arrivals desperate to live here, and the trend shows no signs of diminishing!’
At any time you’re looking to buy in Brighton and want guidance with the vagaries with the Brighton and Hove property marketplace then an well experienced and professional consultancy like RDA Estates can be just what that’s required – and when you need brighton self catering accommodation during your search then let Brighton Short Breaks solve that issue for you personally too.
Entry Filed under: Travel and Leisure