JLL Residential

News & Opinion

UK house prices will increase by 0.5% next year with a further 1% growth in 2018

JLL’s latest forecasts, released today, concludes that Brexit will dominate UK housing markets over the short to medium term but predicts that the market will remain reasonably strong and active despite the greater uncertainty and slower economy resulting from Brexit. JLL are forecasting that UK house prices will increase by 0.5% next year with a further 1% growth in 2018.

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Car parks could provide 400,000 new UK homes

New research from property JLL highlights the potential to develop circa 400,000 homes on car parks in the UK’s town and city centres.

JLL’s latest research paper Driving Innovation identifies just under 10,500 car parks in the UK’s town and city centres with the capacity to comfortably accommodate circa 400,000 homes, enough to house around one million people.

JLL Property Predictions 2017 – UK Residential

Our 2017 predictions note that some segments of the market have been hurt by uncertainty, others are dealing with disruption on an unprecedented scale, while overall market performance is converging towards a stable, if benign, level for the year ahead.

JLL responds to new announcement made by Government today on Starter Homes and Garden Cities

"It is worrying that the first two big announcements - Garden Cities and Starter Homes - are simply a rehash of older programmes." - Adam Challis, Head of Residential Research

JLL launches North West PRS management service at Greengate

JLL has launched a dedicated management service for Private Rented Sector (PRS) developments in the North West and announced its first instruction at Greengate, Manchester’s first purpose-built PRS development. The property advisor has been appointed to manage the 497-unit scheme by LaSalle Investment Management - which acquired the building from developer Renaker in July 2016.

Price falls in Prime Central London residential market petering out

The Prime Central London sales market is regaining some stability and is now looking forward with greater optimism. Importantly, price falls now look to be petering out with prices only declining marginally on average during Q3. This follows two years of falling prices triggered by the stamp duty reforms in December 2014.

Q3 boost for Prime Central London lettings market

The Prime Central London lettings market was significantly more active during Q3 compared with Q2. As usual the volume of lettings increased during Q3 which is when the market traditionally sees students securing tenancies ahead of the academic year and 2016 was no different.

Leeds Market Update, November 2016

The Leeds residential sales market has continued to perform positively in the aftermath of Brexit and the rise of Trump to the White House, with consistent demand being experienced from owner-occupiers and investors for all property types throughout the year.

City And East Market Update, November 2016

Following the usually busy summer months, the Christmas market is very nearly upon us. The high levels of activity experienced during the summer continued throughout October, but the flow of applicants has abated since the start of November.

Prime London Market Update, November 2016

The Lettings market has surprised everyone this past month in the fact that it is normally a lot quieter at this time of year. It generally quietens down between half-term and Christmas, but in the first three weeks of November we have already agreed the same number of tenancies as we did in the whole of the month last year.