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.

JLL Responds to interest rate rise announced today

JLL Responds to interest rate rise announced today , as the base rate rises from 0.25% to 0.5%. 

JLL forecasts UK house price growth of 2½% pa for the next five years

The UK housing market is adjusting to varying levels of political and legislative change, but ‘The New Housing Paradigm' is about a bigger, structural shift.  

Planning approved to transform former Homebase store in Wandsworth into residential led scheme

JLL takes mixed-use scheme one step closer. On behalf of DTZ Investors, JLL has secured planning permission for a residential-led, mixed use development at Swandon Way in Wandsworth. 

Sales activity in Stratford strengthens as we head into Q4

This month, JLL's Stratford property specialists discuss their corner of east London, the impact of its growing sales market and the influence of local landlord licensing initiatives. JLL’s Stratford office opened its doors just over 18 months ago and since then, this busy corner of east London has grown rapidly. In 2017 alone almost 1,000 new homes were completed.

Comment on Labour's commitment to social housing

Adam Challis, Head of residential research at JLL comments: "Jeremy Corbyn has put housing squarely back in the centre of the domestic political agenda. It is right that we uphold the emerging lessons from the Grenfell Tower fire and continue to learn from that terrible disaster. Other elements of the speech, such as rent controls, should be viewed with caution. There is a wide swathe of examples - including pre-1989 in the UK itself - that show the negative impacts of tight controls on rents."

House price growth in some London boroughs exceeds 20%

JLL London residential heat maps show the variation in sales prices and rental prices across the breadth of London highlighting huge variations dependent on location.

Five Actions needed by Government to drive a step change in housing supply

The UK Government has a domestic policy agenda that is at least as challenging as the EU exit negotiations are likely to prove, and with new Housing Minister Alok Sharma now in place and the coalition agreed, Government can begin to focus on the endemic housing challenges of undersupply and chronic unaffordability that previous administrations have failed to effectively address.

Encouraging signs of growth in the Central London residential development market

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 legislation update

Lucinda Skailes, Director of Tenancy Management at JLL Knightsbridge, summarises the latest changes to England's Anti Money Laundering and Energy Performance Certificate regulations.

Transaction levels grow as prices bottom out in prime central London

The sub £2m sales market in the south western neighbourhoods of prime central London (PCL) has benefited from stable prices and greater optimism among buyers and sellers across the area as a whole. As ever, Q3 is set to be the PCL lettings market’s busiest season, with students and families looking to agree tenancies ahead of the new academic year.

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 Residential complete on Nine Elms Square for £470m

Representing London’s second largest land deal on record. JLL has completed on the sale of the 10 acre former flower market at New Covent Garden Market to Dalian Wanda for £470m, representing the second largest land deal in London to date. 

Leeds sales and lettings market comment

Sales completions in Leeds during the first half of 2017 were up 30% on the same period last year, with sales enquiries also rising 30%. The city's lettings market is also buoyant, with demand from young professionals and an active student population currently driving values.

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.