Buyers more interested in seaside properties after Covid-19
Rightmove has seen a rise in enquiries about seaside property, both from those who want to buy a second home or move there full-time.
Rightmove’s director Miles Shipside felt that being in lockdown has given many home-hunters time to reassess what they want from their next move – and for some they’d clearly like sea air.
Shipside said: “Having the chance to look out your window to a sea view is something many home-hunters tell us is a dream of theirs. This means that the properties that do offer this are able to charge a premium compared to those in-land.
“Lockdown has changed what a number of home-hunters are now looking for from their next home, and while some are looking for more space or a bigger garden, others are now contemplating a move to the seaside.”
One area seeing a rise in demand is Brighton & Hove.
James Epps, director of Oakley Property in Brighton, said: “Since the government announced that estate agencies were allowed to return to work, we have seen a significant increase in enquiries week on week, particularly from people in London and surrounding counties looking to move out from the city for a better quality of life.
“Many people now realise that they can work effectively from home which is encouraging them to live outside of the capital. If the stamp duty holiday is introduced, I can only see demand for property in Brighton & Hove increasing as people considering buying will want to take advantage of the time limited tax saving!”