Trends, Opportunities, and Mortgage Insights

As mortgage brokers in Brighton, we are often asked about the state of the house market in various towns in West Sussex. As we approach the end of 2024, the Brighton housing market continues to be a dynamic and attractive area for buyers, sellers, and investors alike. Known for its unique seaside charm, vibrant culture, and proximity to London, Brighton remains one of the UK’s most sought-after property markets. But what does the coming year hold? In this post, we’ll explore the current trends, challenges, and opportunities in the Brighton housing market in 2024—and how Mortgage Pro Sussex can help you navigate this evolving landscape.

1. Current Brighton Property Market Trends in 2024

Brighton’s housing market remains competitive, with rising demand driven by both locals and out-of-area buyers. Key trends going into 2025 include:

• Increasing Demand for Suburban Properties: With many people continuing to work remotely, suburban areas surrounding Brighton, such as Hove, Patcham, and Saltdean, have seen increased interest. Families and professionals are seeking spacious homes with good access to green spaces, schools, and amenities.
• Shift Towards Energy-Efficient Homes: Energy-efficient and eco-friendly homes have become a priority for many Brighton buyers. With rising energy costs and a focus on sustainability, properties with features such as double glazing, efficient insulation, and renewable energy sources are in high demand.
• Gradual Price Stabilisation: While Brighton property prices surged in recent years, 2024 has seen a modest price stabilisation. According to market reports, the average price growth has slowed, making it a promising time for buyers to consider entering the market. This may present opportunities for first-time buyers and those looking to upgrade.

1. Challenges Facing Brighton Homebuyers in 2025

Although there are positive trends, there are also a few challenges in the Brighton market:

• High Demand and Limited Supply: Brighton’s desirability as a coastal city has meant that housing supply struggles to keep up with demand. As a result, some properties receive multiple offers within days of listing, pushing up prices in certain areas.
• Interest Rates and Mortgage Affordability: While interest rates saw significant hikes in recent years, they have stablised somewhat in 2024. However, higher interest rates than pre-2022 levels still impact mortgage affordability, particularly for first-time buyers. For Brighton buyers, securing competitive mortgage rates and terms can be crucial in managing affordability.
• Affordability for First-Time Buyers: Despite stabilised prices, Brighton remains one of the pricier markets in the UK. This can make it challenging for first-time buyers to enter the market, although programmes and support options are available.

1. Opportunities in Brighton’s 2025 Property Market

Brighton’s housing market offers a range of opportunities this year for buyers, investors, and those looking to remortgage:

• Investment Potential in Buy-to-Let Properties: Brighton’s appeal as a cultural hotspot and university city continues to attract tenants, making it an attractive area for buy-to-let investors. Areas near the University of Brighton, such as Bevendean and Moulsecoomb, and popular areas like Kemp Town are especially appealing for those looking to generate rental income.
• Lower Competition in Prime Areas: As interest in suburban properties rises, traditional city-centre areas such as The Lanes and North Laine are seeing slightly reduced competition. This could present a valuable opportunity for buyers interested in these prime locations.
• First-Time Buyer Support: Government schemes aimed at helping first-time buyers, such as shared ownership and the First Homes scheme, are actively available in Brighton. These schemes may enable more individuals and families to buy their first home in 2025.

1. How Mortgage Pro Sussex Can Help You in Brighton’s 2025 Market

Navigating the Brighton property market in 2025 can be complex, but Mortgage Pro Sussex is here to support you every step of the way. As experienced local mortgage brokers, we provide tailored advice and access to a wide range of mortgage products that fit your needs and budget. Here’s how we can assist:

• Expert Local Knowledge: Our team understands the nuances of Brighton’s neighbourhoods, property trends, and pricing fluctuations, helping you make well-informed buying decisions.
• Access to Competitive Mortgage Rates: With our access to the entire market, we find competitive mortgage deals and options, whether you’re a first-time buyer, an investor, or looking to remortgage.
• Personalised Mortgage Advice: We take the time to understand your financial situation, goals, and property preferences, providing customised mortgage solutions to suit your needs.
• Support for First-Time Buyers and Investors: Whether you’re entering the market for the first time or expanding your property portfolio, our specialist team offers support and advice on various financing options, including buy-to-let mortgages and self-employed mortgages.

1. Brighton Housing Market Forecast for 2025

While no forecast is guaranteed, the Brighton property market is expected to remain stable and continue its steady growth in 2025. With housing demand likely to remain high, particularly in areas offering space, amenities, and transport links, it’s anticipated that property values will hold or slightly appreciate over the year. The combination of stabilised prices and ongoing demand means that Brighton is still an attractive long-term investment location.

Ready to Take the Next Step?

If you’re planning to buy, invest, or remortgage in Brighton in 2025, Mortgage Pro Sussex is here to help you navigate the current market. With our local expertise, access to competitive mortgage deals, and commitment to personalised service, we make finding the right mortgage easier. Contact us today to learn more and start your Brighton property journey.

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