JLL Residential

News & Opinion

DIRECT MARKET KNOWLEDGE

JLL positions itself at the intelligent end of the debate, using the strength of an in-house research team to provide valuable insight and opinion on current residential market activity. Our views are closely aligned with ever changing economic, political and policy dynamics. Read our latest views here and engage in the debate on Twitter via @JLLUKResi.

Manchester sales and lettings market comment

Manchester’s sales market showed no signs of slowing during the approach to summer, with steady and sustainable price increases driven by strong demand. Manchester’s lettings market also delivered a strong performance, with a total of 98 properties let during June. 49 of these properties were private lets; the other 49 were apartments in Greengate, Manchester’s first private rented community.

New maps from JLL reveal the green space premiums

JLL Residential Research analysis of housing markets around 12 of London’s largest green spaces clearly illustrates how homes in close proximity of parkland are valued higher than properties slightly further away.

Sales and lettings market comment, June 2017

Greenwich and Blackheath's agents recorded impressive successes in the first half of this year, selling and completing on some of the south east’s most desirable properties. Diamond Terrace and Georgette Place in the centre of Greenwich proved perfect examples - from pitch, strategy and sourcing the right buyer, through to exchange and completion.

Election Reaction from JLL

Adam Challis, Head of Residential Research at JLL, comments: "The General Election has given the country pause to consider the type of government it needs in the Brexit negotiations. The right leadership is of course, crucial for the UK from a political standpoint, but will also directly impact the economic trajectory this country takes for many years to come.

The Bank of Mum & Dad is worth an estimated £103 billion in London and South Eastern England

Latest JLL Residential Research shows the Bank of Mum & Dad in London and South Eastern England is worth an estimated £103 billion and could assist in the purchase of more than £1 trillion worth of homes in the UK.

Sales and lettings market comment, May 2017

This month, JLL's City, Stratford and Docklands specialists discuss the east London market. JLL lettings teams across the UK had a very promising to start to the year, with Q1 2017 activity having notably increased versus our Q1 2016 key performance indicators. New applicant registrations are up 18%, with viewing levels increasing by 29%.

Eggcellent Easter for beneficiaries of JLL’s giant competition eggs

JLL Residential Estate Agency's Easter eggs competition has raised over £740.00 for Crisis. JLL's offices across the UK raffled 10kg Belgian chocolate eggs, donating to Crisis for each entry received. Not only that, but several of the prize winners kindly donated their chocolate eggs to local hospitals and churches, spreading the community spirit over Easter.

By 2019 there will be no London postcodes where a one bed flat averages less than £200,000

Latest residential research by JLL reveals that at the end of 2016, only 12% of London postcodes had an average of less than £200,000 for a one bed flat. But if current price growth trends continue, within 3 years there will be no postcodes left in the Capital with typical first time buyer properties averaging below £200,000.


JLL Residential advises on landmark Central London land sale

JLL Residential has advised CLS Holdings on the disposal of Vauxhall Square to leading Chinese property developer R&F Properties for a headline price of £157.77m. The 3.4 acre site is located in the largest regeneration area in central London.

Investment in European residential exceeded €38 billion in 2016

European residential investment is a growing asset class. Our market report highlights national trends for Europe’s largest residential markets, city level volumes for gateway cities and an overview of the largest transactions in 2016, which included a growing number of international deals.

Q2 research shows an increase in transactions and stabilised prices at the lower end of the market

JLL’s Q2 Prime Central London research shows signs of stablisation in the sales market with an increase in transaction levels and prices holding firm at the lower end of the market.  Activity has picked up in the lettings market during Q2 but rental values declined by an average 1.3% as oversupply issues persist.

JLL responds to Prime Minister’s announcement on Article 50 being triggered

Commenting on the Prime Minister’s triggering of Article 50, JLL UK CEO Chris Ireland said: "The Prime Minister’s desire to form a deep and special partnership with the EU and her focus on driving a bold free trade agreement is of course to be welcomed. However, this could be a long and winding negotiation period for the property industry and wider businesses."

The mood in the Central London Development market brightens as prices stabilise in Q4

The mood in the Central London development market has brightened during late 2016 and early 2017. However, the market remains subdued relative to the past five years with development activity slowing in response to a more challenging sales market say JLL in latest Central London residential market update.

Sales and Lettings Market Overview, March 2017

Following the referendum there was concern that some corporations may transfer away from London to other major European cities, but we were able to put investors' minds at rest and confirm that at JLL we agreed more Lettings in Q3 & Q4 than in the first two quarters of the 2016. However, continuing uncertainty surrounding Brexit and the triggering of Article 50 has had a noticeable effect on the lettings market as some firms put relocations on hold while they assess their options.

City centre homes in Manchester selling 70% quicker

Residential properties in Manchester City Centre are selling an average of 70% quicker than in 2016, due to rising numbers of first-time buyers and investors, according to leading property agent JLL.