JLL Residential


Is London Planning Too Centrally Focused?

By Caroline Harper

Sadiq Khan has now been Mayor of London for a little over six months and his attention is beginning to turn to the Capital’s planning policies. His Housing Supplementary Planning Guidance (SPG) was published today, and this will set the tone of how the new administration will address housing delivery, including boosting the supply of “genuinely affordable” homes.

The Timber Solution For Private Rented Communities

By Ashley Perry

Much has been made of residential housebuilding targets and their futility, given the dynamics of the market. The issues are simple in economic terms: there is a skilled labour shortage and material prices are fluctuating, which are serving to exacerbate the much-needed demand for increased housing supply. Notwithstanding this, sustainability requirements will place further pressures on the UK market. Something has to give.

The problem with Space Standards

By Adam Challis

In conjunction with Pocket Living, JLL ran a research survey in 2015 to better understand what first-time buyers want. It turns out that space matters, but not that much.

Out in front, by some margin, was location. Prospective purchasers knew where they wanted to be and would make concessions on other attributes of their wish list to get there. Turns out, unit size is less important than we think.

Can Government deliver new trio of supply solutions?

By Nick Whitten

The Government has this week unveiled three key measures to boost housebuilding, all of which place a welcome focus on increasing supply, rather than propping up demand.

Hybrid Estate Agents: How Big Can They Grow?

By Jonas Ebrahimi, JLL

The use of online platforms has allowed hybrid estate agencies to grow steadily in recent years - they now boast a 5% share of the UK’s residential transactions. Hybrid agents, who combine online services alongside teams of local property directors, look set to play an increasing role in how the residential market operates. But will it be a leading role, or more supporting player?

Housing Solutions For A New Chancellor

By Adam Challis

The housing affordability crisis is vexing, not least because the solution seems clear. "Build more", says I - and most other commentators, neatly tucking in the roles of planning, land, SME builders/ Private Rented Communities and housebuilders amongst a host of other notable solutions that ought to get the job done. Sadly while all of these private sector-led solutions have merit and all will help; none will be the silver bullet.

Is London’s Olympic legacy worthy of a medal?

By Caroline Harper

Following Team GB’s most successful overseas Games, there is concern from some about the real legacy of the 2012 London Olympics. Some have queried who new Legacy housing is targeted at, citing the huge disparities between sales prices and average local incomes in boroughs like Newham. Mayor of London Sadiq Khan has also questioned whether affordable housing delivery, and indeed housing delivery generally, is as high as it should be.

Curbing Foreign Investment: A Worldwide Trend?

By Philip Wedge-Bernal

The Canadian Province of British Columbia has become the latest legislator to attempt to curb inflows of foreign capital into its domestic residential markets. Last week, the B.C Province government took steps to ease pressures in Vancouver’s metropolitan real estate market with the introduction of a 15% stamp duty surcharge for foreign nationals.

Lessons From History

By Nick Whitten

In periods of uncertainty, a look to the past can often provide much needed solace. So, following Brexit, can history help provide confidence to the residential market. There is no doubting we are in uncharted waters.

The name may have changed several times - the European Economic Community, the European Community and more latterly the European Union – but one certainty has always held true. The Common Market has only ever grown larger.

Will Brexit impact social housing delivery?

By Richard Petty

95% of Registered Providers believe that building social housing is a core part of their social purpose. But only 20% believe that the government feels the same way. Those were the core findings of research conducted by JLL for the CIH and published at the conference in Manchester last month. What came through most strongly was the burning desire, and strong sense of social purpose, of RPs determined to provide high quality homes for those most in housing need. There were much more divergent views on how they would achieve it.

Excuse My French

by Adam Challis

MeSo what are you protesting about today?”
ProtesterHuh – there’s a homeless crisis and these guys need to sort it out right!?
MeYeah maybe – what is it you need from them?”
ProtesterWell there’s this legal high that’s f___’ing up people’s lives and these guys can build houses to fix that
MeGood luck then” {with an inner monologue that wondered at the huge gap in our respective understandings of both the problem and solutions}.

A Note to Self-Build

By Adam Challis

 I recently visited Holland, where self-build represents 30 percent of annual housing supply.

I was impressed by self-build communities that displayed a wide range and variety of housing types. The communities bore little resemblance to typical new build housing, with a charm and a sort of quirkiness you don’t often find from volume housebuilding.

Ticket to Ride

By Richard Petty

In the run up to the Housing & Planning Act completing its passage through Parliament and receiving Royal Assent on 12 May, it was the introduction of Starter Homes which received the greatest public attention. But, behind the scenes, it was the finer detail of the new Housing Administration regime that was the most hotly debated part of the bill.

Political Heroics

By Adam Challis, Head of Residential Research JLL

I’m not really meant to get political. As a former employer once said to me “Challis; that would not be a career-enhancing move!”

Yep I get it, except that the residential market, as ever political, seems to have the spotlights, the floodlights and probably the porch light shining on it at the moment. It’s a bit hard to avoid it, frankly.

Europe: the rise of the secondary city

by Philip Wedge-Bernal

International investors have long coveted exposure to Europe’s largest property markets such as London, Paris, Berlin and Amsterdam.  Yet, there are numerous barriers to entry that mean gaining access to these markets is difficult and there are relatively limited opportunities when compared with the high levels of interest.