Okay, perhaps “the new London” is a bit of a stretch – but in recent years, Bristol’s leading technology, universities, and range of venues and shops have been recognised, especially by the property market.

Data released by Rightmove has shown that demand for rental properties in Bristol has been increasing over the last two years, and is currently higher than any other major city in the UK!

Although statistics show that rental demand in Bristol is rising, residential demand has also risen sharply, with sold house prices rising by 7% in the last year. But why are people willing to pay more to live in Bristol? What makes Bristol so appealing to house buyers?

Many factors make Bristol a great place to purchase property, whether it’s to live in or a buy-to-let property, such as:

• Bristol has been voted as the UK’s happiest city, one of the best places to live in the UK, and one of the coolest cities in the world!
• Bristol has a plethora of job opportunities to offer in all sorts of industries, thanks to the thriving city centre which houses dozens of offices, shops, venues, and more.
• UWE and Bristol Uni offer educational opportunities
• The bustling nightlife and student culture
• Historic sights to see such as the Suspension Bridge (which was built in 1831), the Bristol Old Vic (the oldest theatre in the UK, built in 1766), and the SS Great Britain (built in 1843!)
• The city’s bespoke events such as the Balloon Fiesta and Harbour Festival
• The diversity, all cultures are welcomed and celebrated
• Ashton Gate stadium appealing to lovers of football, rugby, and socialising

Three-quarters of our staff were born and raised in Bristol, so it has been wonderful to see our city thrive and be acknowledged for all it has to offer.

Should I purchase property in Bristol?

If you are considering purchasing property in Bristol, it may be worth looking on Rightmove or Zoopla to see the types on property on offer and what sort of prices you’d be looking at.

Better yet, reach out to an Estate Agent and start building a relationship! Visit https://www.integraf.co.uk/blog/7-tips-for-finding-your-dream-property to find out why we recommend building a relationship with an Estate Agent.

Or, you can feel free to speak to one of our Mortgage Advisers at enquiries@integraf.co.uk if you have any questions regarding this blog, mortgages and more!

Thank you for reading this blog, and we hope to see you in Bristol soon!