Market Trends January 2021

22nd January 2021

Market Trends January 2021


At the start of a new year it's always very tempting to make predictions that stretch out over the whole twelve months ahead, but after the events of 2020 you'd have to be brave (or foolhardy!) to attempt that right now.

What we can do is look at what's likely to happen in the short term and how that will affect those who want to buy or sell in the next few months.

Activity

Following what turned out to be an extremely hectic six or seven months for the UK property sector after the first lockdown was lifted last year, things are still incredibly busy. Many people are still expecting to complete before the end of the Stamp Duty holiday on March 31st and unless they run into any unforeseen delays things should go smoothly for the vast majority.

In all honesty, it's probably too late to expect to benefit from the current holiday if you are only just having an offer accepted on a property. However, having said that it's not impossible especially if you can find a pro-active solicitor who can be enticed to give things an extra push in certain circumstances.

With large numbers of people having signed a petition asking for the government to extend the deadline to later in the year it is still too early to say whether this will happen, but as other measures such as furlough arrangements have been lengthened past their initial runs it is something that is a possibility. Watch this space...

Local attractions

The longer lasting effects of last year's events are likely to mean that our local property market in Brighton and Hove remains a hotbed of activity. The fact that many had the time to take a long hard look at their life/work balance and reassess some very basic areas of life means that the appeal of our 'city by the sea' has become even more attractive.

The 'rural rush' that hit the headlines throughout last summer definitely had an effect for us, with the number of potential buyers from London in particular showing a significant rise. Although some might think of Brighton as simply an urban centre on the coast, the proximity of the South Downs and residential areas such as Woodingdean, with its own distinct semi-rural appeal, means that there is a lot of scope for those seeking new home living arrangements.

Finances

As always, the bigger the deposit the better your chances are of getting an affordable mortgage put in place, and although some reports point towards times being tough for first time buyers the range of properties that our offices in Fiveways, Lewes Road and Woodingdean offer means there really is something for everyone.

We've found that our specialist mortgage advice services have really helped many potential buyers. If you'd like more information and fee-free assistance talk to our independent mortgage advisor Stuart Gulvin today.

 Lettings

Of course we don't just help sellers and buyers, we are also extremely active on behalf of landlords and renters. This side of our business continues to be enormously busy, with new properties being snapped up as soon as they become available.

We're inundated with enquiries on a daily basis from people looking to rent in the area, so if you are thinking of renting out your home rather than selling or taking the plunge and buying your first buy to let property now is a great time to do so. From fully managing your property to simply introducing the right tenants, our highly rated Lettings team offer a range of services and would be happy to help.

Leasehold Reforms

Many people are of course concerned about how the much talked about Leasehold Reforms might affect them and the truth of the matter is that it's too early to come to any firm conclusion.

It does look like there will be some major legislation coming along that will have a significant impact and there's no doubt that in some cases the existing laws are outdated. It's our job to make sure we know what's likely to happen and to be fully informed when new rules come into force, so if you do have any queries feel free to get in touch and we can give you the latest updates as they happen.

Life goes on...

Although at the time of writing we are still in lockdown, there is now definitely light at the end of the COVID tunnel and the general consensus seems to be that around Easter things might really start to return to some level of normality.

Thankfully as estate agents we've been able to continue to work throughout the latest round of restrictions, whilst of course taking all the necessary PPE precautions . So that means we are here for you if you are thinking of moving.

The lifting of lockdown might well coincide with the end of the Stamp Duty holiday, so the expected upswing in activity with more people keen to put their plans for the year into action should outweigh any possible negative effects there. Likewise, longer and warmer days in spring always tend to make people think of making their move to a home by the coast or to one with where they can enjoy their own outdoor space. So with infection rates on the decrease and lots of new found positivity in the air we fully expect to be keeping busy.

If you are thinking of selling, buying, renting or letting in Brighton and Hove in the coming months get in touch now - it's never too early to start putting those plans for the New Year into action.

Let's get you moving!




Testimonials

  • Please thank Paula at Lewes Road - Excellent service. 

    Mr & Mrs Nuthall Lewes Road

  • A very committed team who made the sale process very easy.

    Ms Rees Ticehurst Road

  • Cannot express our appreciation enough of all the efforts made by the Woodingdean team - they were fantastic.

    Mr John Mogridge Woodingdean

  • A very positive experience - I had most contact with the Fiveways office and they were so friendly and helpful.

    Ms A King Balfour Road

  • A good team at Woodingdean helped us through a stressful time.

    Mr & Mrs Penton Sycamore Close

  • Excellent customer service throughout. I will definitely recommend you, and use you again. Thank you.

    Ms Longley Kingsbury Street

  • All the staff I dealt with were excellent. Sharon worked really hard to complete the sale.

    Mrs Bent Falmer Gardens

  • Extremely efficient. Nick and Paula are excellent. The weekly phone calls were much appreciated. 

    Ms Gray Lewes Road

  • It was an amazing experience, everyone involved were fantastic. 

    Mr & Mrs Knight Woodingdean

  • A completely painless experience from start to finish. Thank you.

    Mr Woolven & Mrs Bessant-Woolven Lewes Road

  • The sale was dealt with swiftly, professionally and successfully. Thank you Maslen!

    Mrs Lincoln Hove

  • Very good service and communication. Paula was excellent.

    Mr & Mrs Scarboro 1 Pevensey Road

  • Sharon was amazing! She kept us up to date the whole way through the process. We cannot fault Sharon or the rest of her team. 

    Mr & Mrs Ashley Woodingdean

  • Very pleased with the experience. I would definitely recommend you and use you again.

    Ms D Edmonds Horton Road

  • Excellent communication and advice throughout. It felt very reassuring to be in good hands.

    Mrs Brooker Buller Road

  • First class service from a first class team.

    Mr & Mrs English The Ridgway

  • A really good experience.

    Mr Tibble Lewes Road

  • Our local office manager, Sharon Wareham was warm and friendly and kept us up to date at all times.

    Mr Hope The Brow

  • Thank you Maslens, you were all excellent!

    Miss Jasper Taunton Road

  • Great service, always polite and friendly. Excellent contact and info all the way.

    Mr Wells Bishops Road

  • Sharon was excellent, she kept us informed at all stages and was a really calming objective influence in the process.

    Ms Frederick Channel View Road

  • Excellent Service from start to finish.

    Mr T Mole Cromwell Road

  • Paula was absolutely amazing!

    Mr & Mrs MacKay Lewes Road

  • It was a long, drawn out process that the people at Maslen helped me through, without the impression that it was a chore. So extremely professional...

    Mr McLagan Lewes Road

  • In February 2016 I was looking to buy and sell very rapidly. Competition among buyers at the time was very high. Sharon @ the Woodingdean branch sh...

    Ms Helen Lyons Woodingdean

  • Very, very happy we chose you, felt right from the start! Thank you!

    Miss Blackadder Coniston Court, Holland Road

  • Very impressed with the service. Sharon Wareham works tirelessly, very professionally and is always there for advice. 

    Miss Matthews Kipling Avenue

  • Very comprehensive and professional. Nice people to work with and highly recommended. 

    Mr Alderton Ladysmith Road

  • Compared to your rivals, your service was excellent

    Ms McGrigor Milner Road

  • The team worked very hard over a long period to ensure my sale went through - excellent service!

    Mr Patrick Gladstone Terrace

  • Very impressed with all dealings with Maslen. Paula Carter was in particular very knowledgeable and helpful. 

    Mr McBlane Hove

  • Sharon was excellent - kept us well informed, thank you so much!

    Ms Waters Cowley Drive

  • Very pleased with the excellent service throughout. Professional, friendly, efficient and no hard sell. Achieved above asking price. Thank you!

    Mr Witten Lewes Road

  • Thank you. We found all the staff knowledgeable and really pleasant to deal with. 

    Ms Ansloos Lewes Road

  • Very impressed with the efficient and friendly service, the staff were a pleasure to deal with. 

    Mr & Mrs Gill Lewes Road

  • Very pleased with the service. Many thanks to Sharon and the boys!

    Mr Flynn Woodingdean

  • I would recommend Maslen to anyone. 

    Mrs Tripp Woodingdean

  • I was new to the area and viewed a lot of properties with a lot of different agents. Maslens were by far the best I came in contact with, so when i...

    Mr & Mrs Heer Lewes Road

  • Best Estate Agents ever experienced - professional, approachable, competent and exemplary. 

    Mr & Mrs Guest Riley Road

  • Hugely impressed with Ben & his team.

    Mrs Mead Upper Lewes Road

  • From start to finish the sale was dealt with in a thoroughly professional manner.  

    Mr Gibbs Lewes Road

  • Quality advice about when and how to sell, which was spot on. Thank you.

    Miss Coleman Buller Road

  • Thanks David, all very professional.

    Mrs Flowers Foxdown Road

  • The Woodingdean team were very friendly and approachable.

    Mrs Palmer Pitt Gardens

  • Harvey was helpful and easily reachable at the beginning of the process and Sharon kept us informed and was always happy to help.

    Ms Murch & Ms Mapa Ticehurst Road

  • Nick and Paula are total stars! They were incredibly supportive and present throughout. Thank you!

    Miss O'Haire Hove

  • I wish we had used you to sell our property! Nice to meet honest people, who are genuinely interested in helping. Very pleased.

    Mrs Porter Taunton Road

  • Thank you Paul and Archie, you gave an excellent service, as well as Kelly. I look forward to working with you again. 

    Mr White Fiveways

  • Paul was absolutely brilliant. 

    Mrs Tasker Fiveways

  • Exceptional service throughout the process - should we decide to sell in the future we wouldn't hesitate to use your agency. You're a cut above the...

    Ms Windels & Mr Barham Fiveways

  • Graham Griffin provided us, and continues to provide us, will all-round excellent advice. We trust his knowledge and expertise.

    Mr Blackmore & Ms O'Sullivan Financial Services

  • Many thanks to Nick. It was an easy process thanks to you! I'm extremely satisfied with how the sale went, great job.

    Ms Mayanobe Aymer Road

  • Very impressive - professional and friendly, both Martin Timms and Paula Carter were excellent at keeping in contact with sensible advice based on...

    Mrs O'Connor Hove

  • Superb service as usual, I would always recommend you.

    Ms S Hike Blackthorn Close

  • Very helpful and patient team.

    Mrs Shea Selborne Place

  • We were delighted with the service received from all the staff with whom we had contact,

    Dr Crichton The Ridgway

  • Thank you for everything!

    Ms Tucker Willow Close

  • Very happy with the service we got from you guys, everyone we dealt with was extremely friendly, professional and helpful. Thanks!

    Mr Brown Titian Road

  • Ben and Paula were calm and reassuring throughout a very difficult process!

    Ms Easterbrook Bear Road

  • Good team. Straightforward. No nonsense.

    Mr Standing Newmarket Road

  • An efficient, professional and friendly service. Helpful and a pleasure to do business with.

    Mr Beddington Brading Road

  • As always, an excellent service. 

    Mr & Mrs Field Lewes Road

  • We were very pleased with services provided by the Fiveways office.

    Mr & Mrs Sawyer Shaftesbury Road

  • Very thorough & very informative.

    Mr Michnowicz Waldegrave Road

  • All agents at Maslen were extremely helpful and polite from the beginning to the completion of sale. 

    Mr Johnson Fiveways

  • Ben was particularly enthusiastic and helpful. Martin, Paula, Sam and Will are all hard workers.

    Ms Goodey Franklin Road

  • I have bought and sold 7 properties, and this was the best experience of an estate agents services I have found.

    Mrs Shepherd Hertford Road

  • Sold within 2 weeks for asking price "excellent!"

    Mr Grundy Bishops Road

  • Sharon, Harvey and James were all excellent - very professional. Totally opposite to what I have experienced with other agents. Maslen have restore...

    Ms Lyons Woodingdean

  • Brilliant. Well done to Sharon and the Woodingdean team.

    Ms Curtis The Ridgway

  • The whole team were excellent, each one of them felt like family. Sharon had a lot of sorting to do at times but coped very well, a true profession...

    Mr Vernon Woodingdean

  • Very professional service. Thank you!

    Miss New & Mr Jackson Buller Road

  • Maslens as a whole were really friendly and professional. I have to thank and congratulate Paula Carter for being superb at her job and exceeding m...

    Ms Warren Hove

  • I found the service to be courteous, friendly and efficient.

    Mr Upton Buller Road

  • Paula is amazing!

    Ms Aspnall Gladstone Place

  • First class service. Friendly and professional.

    Mr Thorne The Avenue

  • Service exceeded my expectations overall at all stages of the process - I wouldn't hesitate to recommend you. Thanks. 

    Ms Greene Lewes Road

  • The whole team were very committed from start to finish.

    Mr Pilgrim Lewes Road

  • Paula was fabulous and we felt really informed and supported. 

    Mr & Mrs Walker Lewes Road

  • Best Agents in Brighton.

    Mrs Field Tarner Road

  • Sharon and her team could not have done more in what was a difficult sale. 

    Ms Daly Woodingdean

  • We cannot recommend Maslen's estate agents enough.

    Many thanks to Paul, Donna, Janette and the...

    Linda & Les Wigmore Close

  • You were amazingly helpful throughout - a real pillar of strength with a very difficult sale.

    Mrs Parkin Fiveways

  • Outstanding service from Sharon. James is an asset to Maslens & Harvey was so helpful and polite.

    Ms Cianchetta Selhurst Road

  • All very professional, kept updated throughout. Very pleased - Would recommend. 

    Mrs Hammond Hove

  • Thanks for an excellent service. 

    Mr King Hove

  • We were very impressed with the Nick from start to finish. 

    Mr & Mrs Smith Lewes Road

  • Paul Wilkinson was extremely helpful and efficient. The only problem was the vendors solicitor and Paul warned me of this. A good transaction all r...

    Mr Lavender Fiveways

  • Excellent service as always

    Mr Field Ringmer Road

  • Paula's role was brilliant. Having someone office based and available was so appreciated and her promptness an impressive service - every Estate Agent...

    Ms Wynn-Jones Baxter Street

  • Fantastic service. By far the best agents we have ever used, I cannot recommend you highly enough.

    Mr Field Mafeking Road

  • Already recommended you! Thank you.

    Mr Edwards The Ridgway

  • The staff were very helpful, an excellent service. I would recommend you to others.

    Miss Hockly Fiveways

  • Excellent service from the Lewes Road branch. Martin Timms secured a quick sale & at a good price & Paula Carter worked really hard to secure...

    Ms Schulte Bear Road

See All »