5
Aug
Kemp Town Enclosures area News & general news
With Jonathan Rolls, well respected Sussex Square and Lewes
Crescent specialists, closing their sales department to concentrate
on property management, Jonathan has been kind enough to recommend
us to his potential sales clients. Matt (who used to work here) and
Rosie have been doing likewise…thanks a lot! We have recently
sold 3 flats in the Square in quick succession.
There is solid evidence that the number of serious active buyers
has increased dramatically in the last two months. This is very
interesting as the last quarter’s economic figures paint a
very different and dismal picture and one would expect the property
market to follow the economic pattern, but perhaps it is ahead of
it.
As I have said previously, there is a host of reasons which make
local property buck the trend: these include buyers who have been
waiting for what they perceive to be ‘good value’
property appear; buyers who have held off buying for a year or
more, but who no longer want to remain in rented accommodation;
buyers who are cash anyway and not dependent on finance; buyers
with family money from inheritances, or from parents who have
raised money on their own property to help their children get a
foot on the ladder, then they only need small mortgages.
As a member of the Local Strategic Partnership, I hear the
regular news that, despite difficulties in the economy locally and
nationally, Brighton & Hove remain very sought after and there
will be a need for a further 11,000 plus homes in the City over the
next 15 years. Without extending onto the urban fringe, how are we
going to cater for this continued demand to live in our great City?
We at Bonett’s have found continued demand from London and
south east, buyers and tenants, from students remaining after they
finish at University and from many European mainland economic
migrants, looking to make a living in and make Brighton their
home.
LETTINGS Busier by the month, Lynda and her team, Murray, Hils
and Bridgette, are getting great feedback from new landlords, not
used to the personal service we offer. Landlords and tenants seem
to be prepared to put up with second and even third rate service
for a long, long time before taking a gamble on a new agent,. We
are pleased that none of ours have regretted making the move to
Bonett’s letting department.
Swine Flu. If you have a tenant leave a tenancy, who has just
had Swine Flu, the NHS is recommending a special clean. We use
Steve at ‘We wash windows’ who is fully set up to do
these deep cleans. Please call us if you want his details.