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Richard Petty on valuing the UK’s 2.4m affordable homes

By Richard Petty

The sector has a finite amount of housing stock available to it – about 2.4m homes at the last count, albeit growing slowly each year. Those homes have a huge range of underlying market values – our estimation is anywhere from under £50k to over £5m - if they were vacant and sold on the open market. There were only four...

Richard Petty’s views on the Altair report

By Richard Petty

Quite a lot has already been written in the housing press about the Cosmopolitan crisis, including recently about the Altair report. But I suspect far fewer people have actually read the report than have read the articles in the press, and therefore there are plenty of assumptions being made about what it says and what its real recommendations are. 

Richard Petty on affordable housing investor interest

By Richard Petty

At the CIH Conference in Manchester, JLL was pleased to be the event’s official Research Partner where we published the results of our own research into how institutional investors perceive the sector and what they are looking for from it.  The relevance of this should be very clear – there is no doubt that we are in a low grant (possibly no grant) world...