September 5, 2025
As August comes to a close, the property market has been far from quiet. While summer often brings a slowdown in transactions, this year we’ve continued to see activity across sales, lettings and commercial. Buyers are still taking advantage of the longer evenings to view homes, landlords remain in a strong position thanks to sustained tenant demand, and the commercial scene has shown plenty of momentum too.
In this month’s update, our team shares their expert insights on what’s happening across the coast — from the latest in the lettings market to shifts in sales activity and commercial opportunities to watch.
The Current Landscape
Managing Director, Pat Barton, reflects on the sales market this month:
“August is often a quieter month for sales, as families head away on holiday and buyers wait for September to make their move. That said, we’re still seeing a steady flow of new listings across Worthing and surrounding areas, with serious buyers continuing to book viewings.
Well-presented properties in good locations are holding their value, but we’re still very much in a buyer-sensitive market. Pricing correctly from the outset remains crucial, especially as we head into autumn when activity tends to pick up again.”
Mortgages
The current Bank of England base rate is 4.25%, with the next review scheduled for 19th September 2025.
As of 29th August 2025, the average mortgage rates are (sourced from uSwitch). We always recommend speaking to an independent mortgage broker before committing to a product.
Rental Market Review
Ollie Whiting (MARLA), Lettings Manager at Jacobs Steel, shares his thoughts on the lettings scene this August:
“The rental market in our region remains strong this August, continuing to lead the UK in tenant demand. Over 50% of listings are being let quickly, with modern and well-presented homes in especially high demand. Supply, however, is still tight.
While the national rental growth rate has slowed to around 2.8% year-on-year, West Sussex continues to outperform. Across the South East, average rental growth sits at 3.2%, and locally rents have held steady through summer. Landlords with well-maintained properties remain in a strong position, although tenants may notice a slight easing in competition compared with earlier in the year.
Affordability remains a key concern, and with autumn approaching, seasonal demand is expected to rise again, keeping the market competitive through the latter part of 2025.
Meanwhile, the Renters’ Rights Bill has now passed the Committee Stage in the House of Lords and is moving into the Report Stage. It’s expected to receive Royal Assent in autumn 2025, with full implementation phased in between late 2025 and early 2026.”
Commercial Market Review
Leigh Doherty, Commercial Manager, gives us the latest on the commercial property front:
“August has brought another wave of interest in retail and mixed-use spaces across the coast. Demand for smaller retail units — particularly those falling below the business rates threshold — continues to be very strong, with multiple offers on well-located premises.
On the lettings side, Worthing town centre has remained a hotspot, but we’re also seeing notable activity in Brighton and Shoreham.
Sales have been steady but selective, with investors showing caution in some areas but confidence in others. We’ve recently completed transactions on investment properties in both Worthing and Brighton, suggesting that appetite for quality stock remains.
Looking ahead, we’re preparing to launch several opportunities in early autumn, including a mixed-use block with strong rental income potential and high-spec office suites. For landlords and investors, the current market presents plenty of scope — provided properties are well-positioned and realistically priced.”
The Road Ahead
As we transition into autumn, the property market is gearing up for one of its traditionally busiest seasons. Buyers and tenants alike are preparing for September moves, landlords are well-placed to benefit from ongoing demand, and commercial landlords continue to see strong competition for prime spaces.
If you’re curious about your property’s current value, looking for tenant advice, or considering a commercial investment, our team is here to help. Pop into your local Jacobs Steel branch or give us a call.
Jacobs Steel are estate and letting agents with offices in Worthing, Findon, Lancing, Shoreham-by-Sea and Hove. We will guide you through the entire process, communicating with you every step of the way. Get in touch with the team to book your valuation visit now.
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