Brighton market positive for landlords
Published: 30/01/2008
Buy-to-let property investors can benefit from a buoyant market in Brighton.
That is according to local estate agency Brighton & Hove Family Homes, which pointed out that students provide a steady stream of tenants for landlords.
Brighton is awash with educational institutes, including two universities, but that is not the only reason why landlords are experiencing great success in the area.
"People who want to move here usually rent first, just to test the water, so the rental market is extremely strong," said Charlie Snell from Brighton & Hove Family Homes.
"Brighton has a strong buy-to-let market because there are two universities here and numerous other colleges and language schools and this helps the rental market
"We have just done a survey of some of our customers just to see what people think will happen to property prices in Brighton and Hove
Seventy per cent of people think that property prices will stay the same or rise," he continued.
The Association of Residential Lettings Agents recently revealed that rental yields across the UK increased in the January.
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