JLL Residential


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.

Efficiently Sized Matters

By Adam Challis

There isn't much about 'micro-flat' that oozes sex appeal. Trying to avoid 'size matters' metaphors certainly isn't helping either. But, when it comes to new build housing, this emerging breed of largely urban dwelling type is developing rather a cool reputation.

Do our London Mayoral candidates have planning right?

By Caroline Harper

Unsurprisingly, London’s mayoral candidates have focused on convincing us that they’ve got housing delivery sussed, and are therefore worthy of a vote. Both Zac Goldsmith and Sadiq Khan are committed to delivering 50,000 new homes annually by 2020, and Caroline Pidgeon pledges 200,000 new homes in total.

Restricted choice will support house prices

by Neil Chegwidden

Data from the RICS shows how the number of properties on the market in the UK has been in steep decline over the past few years – unsurprising therefore that house prices have continued to increase, and increase quite strongly, whenever economic conditions are remotely supportive.

What should the next London Mayor do to tackle the housing crisis?

By Rosemary Feenan

Urbanisation is now a very familiar word to many people, as the world’s population continues to increase. For some it is a term full of hope and promise, but in many cities and for many mayors, it is also synonymous with ever-present housing crises – as is the case in London.

Will ‘Airbnb bonus’ tempt buy-to-let landlords?

By Nick Whitten

Chancellor George Osborne announced in the Spring Budget that short-term landlords are to be given a £1,000 tax-free allowance, which begs the question - are home-lettings websites such as Airbnb set to become a viable alternative route to market for buy-to-let investors?

Winning the battle, losing the war

By Adam Challis

I recently attended a breakfast event hosted by Trowers and Hamlins looking at the true and full value created by development. Yes I know, Red Book, mark-to-market, income multiple and developments with ‘hope value’; this is not really what it was about.

Northern Renaissance

By Adam Challis

This week has been all about the UK’s regional cities. The recent ‘Cities Index’ report from think tank Centre for Cities does a great job of highlighting the opportunity that a balanced, healthy housing market can provide to support vibrant local economies. Quite right.

Housing Is Infrastructure Let's Treat It That Way

By Adam Challis

In the context of big cities, an individual home here or flat there doesn’t amount to much. Collectively, however, residential is the most valuable real estate in the country. More importantly, it touches every one of us in some way.
Housing matters.

Autumn Statement: The Impacts for Residential Investors

By Adam Challis

Yesterday’s announcement of a 3% Stamp Duty levy on non-primary residences – specifically buy-to-let investments and second homes – caught many by surprise. This change is an incredibly blunt instrument to deal with a complex set of housing market issues.