Brighton Property Market Remains Vibrant

Brighton?s estate agents are reporting a vibrant property market at the Sussex seaside, despite the economic downturn, according to the Mail Online. In addition to the city?s many attractive features, such as two universities and the annual Brighton Festival, estate agents are ascribing their good fortune to the ?feel good? weather of the region, particularly during spring.

Indeed, the city is proving very popular among potential home buyers. Andrea Harding of Hamptons International said: ?Even in this dire market, there has been no lack of demand. It?s just been about getting the funding.?

Funding is also no longer the bad news it used to be. According to Ms Harding, banks are now much more open and flexible towards those seeking home loans. Potential buyers with good credit records and substantial amounts of deposit cash can take advantage of many new mortgage deals to help them acquire their dream property in Brighton.

The city?s annual festival has also attracted the creative sector to its property market. Jamie?s Italian ? a Jamie Oliver restaurant ? has for example recently opened in the city centre.

According to Paul Bonett of Bonett?s Estate Agency, rental property is at least as popular as homes that are for sale. Those seeking rental property have no shortage of choice, from period pieces such as the Regency crescents to new-build apartments such as the Barratt Homes New England development.

There is also a contemporary eco-friendly development underway in Brighton, known as One Brighton. Other successful property and construction developments include the Jubilee Library, surrounded by a cluster of restaurants and apartments.

In one way or another, Brighton truly offers something for everyone, from the family home buyer to the rental resident.

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