JLL Residential

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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.

Lifting of Iran Sanctions: Implications for UK Residential Investment

The lifting of economic sanctions against Iran, which formally took place on 17th January, has raised a number of important questions about the impact on regional geo-politics, medium-term oil prices and opportunities for investment in the newly opened domestic economy.

Three key predictions for UK Residential sector in 2016

By Adam Challis

The divide between London and the rest of the UK will matter less and this year it will be between those who do or don’t qualify for home-ownership programmes

Social Housing - The End Of The World As We Know It?

By Richard Petty

The Summer Budget on 8 July presaged an avalanche of policy changes and threats which, taken together, feel like the end of the world as we know it for many in the affordable housing sector.  

We have a new government which is flexing the muscles of its mandate and confronting housing associations a very different ideology from the coalition...

Tomorrow's Skyline Will Be Our Legacy

By Helen Gough

The London skyline has been a big topic of conversation in the JLL office recently, mainly due to the retirement of JLL’s Mike Tiplady. Throughout his 31 years in the firm, he had been involved in the evolution of London’s skyline, from rebuilding Bishopsgate after the IRA bombing to the refurbishment of the former BBC World Service residence, Bush House.

Are Starter Homes Really The Answer?

By Richard Petty

The Housing and Planning Bill, published this week sets out the bare framework of how the government intends to promote the supply of Starter Homes in England.  Almost all the detail will emerge in regulations yet to be published – but it is clear that local authorities are going to be compelled to implement the government’s wishes...

London Politics is about to get interesting

By Guy Grainger

Last night I attended a Property Week/Olswang/CPA sponsored debate as 1 of 4 panellists, alongside Steve Norris (ex-London Mayor Candidate), Chris Taylor (President of British Property Federation) and Professor Tony Travers (Director of LSE London).

Crossing the Rubicon

By Adam Challis

The Conservative Party Conference story actually begins with Labour, or one Labour peer to be exact. The appointment of Lord Adonis to lead the newly-formed National Infrastructure Commission is sound; a former policy advisor and Transport Secretary, Andrew Adonis has the pedigree to step straight into the role and make a difference.

Notes from Left-Field, at the Labour Conference

By Adam Challis

A very American phrase, perhaps laced with a bit too much cynicism as I attended anti-American Jeremy Corbyn's first - some might say only - party conference as leader, this week. Brighton was chosen well before his surge to power after 30 years of perennial rebellion. 

Housing supply: new data shows problem, not solution

By Adam Challis

The latest figures from the Department for Communities and Local Government (DCLG) show a strong improvement in housing completions for the year to June 2015 - 15% year-on-year growth should rightly be celebrated.

However, let’s not confuse these results with what is happening in the underlying market.

Have Residential Funding Taps Been Turned Back on?

By Jonathan Ma

While the UK’s wounds from the global recession have undoubtedly now healed, many have questioned whether some scars have been left.

Despite the fact the UK’s economy is the fastest growing among the G7, it remains to be seen whether the availability of capital will ever flow as it once did, following the world’s most catastrophic economic crisis.

Housing policies: like upping speed limits to unlock traffic jams

By Adam Challis

Following on from the Budget statement, chancellor George Osborne handed the house building industry another big shock with a complete reworking of planning permissions for housing sites.
This was big stuff – a veritable tearing up of the form book with “automatic” permissions now on offer through zone-style planning...

PCL outlook brighter after the election

By Neil Chegwidden

The Prime Central London sales and lettings markets have seen higher transaction levels during Q2 when compared with Q1.

We also predict that both markets will see further gains in activity and value growth during the second half of this year.