As the pandemic continues to strike, more and more people are looking to Brighton as their new place to live.
In the past year alone, there has been a stark increase in the number of houses sold, with house listing site Zoopla reporting that in 2020 alone, demand rose almost 86%. The average selling price across the whole of Brighton and Hove was reported to now be £371,800.
With the Covid outbreak leaving businesses unable to use their offices, the shift to home working has meant that people no longer need to live in big cities such as London. This move in some cases is also seen as a permanent fixture post pandemic, with businesses saving money and even seeing rises in morale and productivity.
By escaping the city, citizens are lowering their risk due to the congestion and overcrowded natures of such hotspots, with there now being a need to buy bigger houses which can accommodate a home office, or simply more floor space to accommodate working arrangements.
There is also a crucial family aspect in many of the choices being made, as with working professionals reconnecting with their loved ones, they are better understanding the needs of their husbands, wives and children, with locations such as Brighton offering much larger space and greater personal amenities versus the same cost of more central living.
To accommodate these needs, the most common searches when looking for property have been: Garden, Parking, Garage, Sea View, Balcony, Freehold, Detached and even Swimming Pool.
Such swift changes have however, put strain on the local market with the growing need for available property. Unlike London, Brighton does not have the same residential supply or construction production to match the constant stream of interest brought about when lockdown ends, and people make their moves.
The purchasing prices and rent increases while profitable for business are beginning to cripple local communities, especially when as workers still suffer on furlough, they do not have the financial ability to pay increases to their current agreements.
While people looking for the dream move are able to buy and sell their property very quickly at good prices, such situations are becoming a nightmare for the current residents who, if driven out of their homes, could be forced to move and completely change the demographics of Brighton itself.