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Mortgages in Hove, part of the city of Brighton and Hove, are influenced by the local housing market, the types of properties available, and the area’s desirability. Hove is known for its seaside living, vibrant community, and strong transport links to London, making it a popular area for both homebuyers and investors.
Property Types: Hove has a diverse range of properties, from period Victorian and Edwardian homes to modern apartments and new developments. Seafront properties and large family homes tend to be at the higher end of the market, while flats and smaller houses may be more affordable.
Average Property Prices: As of 2023, the average house price in Hove is around £500,000, although this can vary significantly depending on the location and property type. For example, seafront properties or those in the Poets’ Corner area may command higher prices.
Demand: Hove is highly sought after due to its proximity to Brighton, offering a quieter and more spacious alternative while still having access to the same amenities. This makes the market competitive, especially for larger homes or those with sea views.