JLL Residential


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.

Rapid Prs Growth Puts Pressure On Rents

by Neil Chegwidden

Demand for rental accommodation has accelerated quickly over the past decade and there is little to suggest this trend will run out of steam anytime soon. With supply constraints possible in the medium-term, we believe there will be additional upward pressures on rents over the next five years.

Affordable Housing Providers Fight Back

By Adam Challis

I know it’s not everyone’s hot topic, but give me a minute – it’s important.

The affordable housing sector took one heck of a kicking this summer. A renewed Right to Buy programme followed by a 1% reduction in chargeable rents for each of the next four years has been followed by direct criticism of this “not particularly impressive” sector by chancellor George Osborne.

Bright side of the road

By Richard Petty, JLL

Collectively, the social housing sector is at a crossroads.  That may be an overused term, but particularly for the leading and largest RPs, it has never felt more apt.  The choices we make over a relatively short period in the next few months could come to define both our relationship with government, our position in the home building market; and our long-term legacy for years to come.  Why?  Let’s look at the signposts around us. 

Mayor Flexes His Muscles over Housing NIMBYism

By Ashley Perry, JLL Senior Project Manager

The UK isn’t building enough homes. This may have been a shocking statement 30 years ago, but today it has almost become a cliché. However, what we have seen recently is renewed political impetus, exemplified by Sadiq Khan’s ambitious housing targets and willingness to intervene in the planning process to get projects moving.