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.

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.

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.

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.

One year to go until Minimum Energy Efficiency Standards come in to force

From 1st April 2018 it will be a requirement for any residential rental property to have a minimum energy performance rating of E on an Energy Performance Certificate (EPC). JLL can help ensure landlords are compliant with the new legislation, assess any potential risk across portfolios and project manage a refurbishment plan for any improvements required.

JLL acquires German Real Estate Company, Zabel Property AG

JLL has acquired the Berlin-based real estate company Zabel Property AG which specialises in advising international customers on the purchase of high-quality residential properties in Germany´s Metropolitan cities.

Positive Residential Rental Growth expected across EMEA, says JLL

For the first time in over 12 months rents are expected to grow in all 15 cities tracked by JLL’s EMEA Residential Property Clock. The JLL Q4 2016 Property Clock tracks the performance and outlook of the continent’s key residential markets and shows rents growing in the short term, across all the cities.

2017 will be a year of stabilisation in the Prime Central London residential market

Sales and lettings markets in Prime Central London have entered 2017 in a more optimistic mood. Both have suffered from price falls and an overhang of properties on the market during 2016, but with price adjustments from stamp duty changes now largely absorbed, the outlook is more promising.

City and East sales and lettings market overview

The fourth quarter of 2016 remained stable in the Canary Wharf residential sales market, with some cause for optimism for 2017. There is still a wide choice of available stock in the E14 area, ranging from properties which would suit first time buyers through to large penthouses.

Prime central London sales and lettings market overview

Whilst the serving of Article 50 in spring 2017 may hang over the economy in general, there is increased optimism within the property market going in to 2017. Much of this optimism is predicated on the performance of the market in the last quarter of 2016, which saw an uplift in high value transactions.

South East London sales and lettings market overview

After the predictable rush to complete transactions before the festive break, 2016 ended on a much needed high after what has been a bumpy and uncertain previous eleven months. Levels of activity remained also surprisingly healthy in stark contrast to the usual Christmas slowdown.

JLL responds to Housing White Paper released today

Adam Challis, Head of residential research at JLL comments on Government’s release of the Housing White Paper today: "With a focus on expanding new housing supply, both in terms of the number of units and pace of construction, this White Paper is likely to prove amongst the most pivotal in a generation. It has become clear that months of wrangling has more to do with delivering the scale of ambition rather than the same NIMBY-ist and protectionist politics."