JLL Residential

News & Opinion

Stratford house price growth of 4.5% predicted in 2016

Four years on from The Olympic Games, its legacy remains in Stratford with the transformation of a 560 acre site into a vibrant economic and residential centre for London. Although some plans still have a way to go, there is no doubt that the Games have driven real estate investment on an unprecedented scale, with over 2,500 new homes being built around the town centre since 2008.

JLL reports a slow-down in residential development activity in 2016

JLL predicts that new development supply in the Central London residential market will continue to slow as a result of significant changes made recently by Government.

JLL responds to Bank of England announcing further clamp down on buy-to-let lending

New, prudent lending criteria for Buy to Let investors addresses a particular concern from the Bank of England regarding exposure to price falls in the underlying housing market.

Average house price growth of 7% predicted thanks to Crossrail

Less than three years until the first Crossrail trains run through the new tunnels of the Central Section of Crossrail, and less than four years until the full Crossrail service becomes operational, JLL has updated its interactive Crossrail research tool. 

JLL UK responds to the 2016 Budget

On residential announcements, Adam Challis head of Residential Research at JLL commented: "New Stamp Duty changes will impact large investors without exemption. This is an extraordinary lost opportunity to support the growth of Build to Rent and undermines this nascent sector. Private renters have once again been overlooked."

Aspiring homeowners in London need an average of 26 years to save a deposit

Aspiring homeowners in London need an average of 26 years to save a deposit, up from 15 years just a decade ago, according to new research from JLL Residential. As property professionals gather this week for MIPIM, JLL’s findings indicate that those wishing to get on housing ladder in London require double the average time saving for a deposit compared with other European capital cities.

Buyers swoop for Leeds city centre apartments

An exciting new residential scheme in Leeds city centre is proving to be a big hit with a range of buyers. 75 per cent of apartments in phase one at Tate House have now been snapped up by owner occupiers and investors keen to beat the forthcoming stamp duty increase on buy-to-let properties and second homes.

Copenhagen, Manchester, Madrid and Barcelona expected to see highest levels of short term residential price growth across the EMEA region

Copenhagen, Manchester, Madrid and Barcelona are expected to see the highest levels of short term residential price growth across the EMEA region according to JLL’s new EMEA Residential Property Clock.

JLL comments on latest Help to Buy figures

The latest Government statistics show there have been just under 74,000 Help to Buy equity loans issued in the 33 months since the scheme was introduced in April 2013. This equates to just 3% of the 2.4m total housing sales in England & Wales over that period.

150-fold rise in the number of London residential properties listed on Airbnb

New research from JLL reveals a 150-fold rise in the number of London residential properties listed on home-lettings website Airbnb over the past five years.

JLL reissues Central London residential development growth forecasts

Demand for Central London residential has weakened, forcing JLL to reconsider price growth forecasts published on 3 November 2015. This has been driven by a deepening of global economic uncertainty, notably from China, but more significantly by the imposition of an additional 3% Stamp Duty charge for second home purchasers and investors.

Putting house price growth in context

In a recent commentary Colin Dyer, President and CEO of JLL worldwide, said that while it is easy to be distracted by reports focusing on the challenges of China, volatility of oil prices and the Middle East conflict, the fundamentals behind the UK property market remain strong.

JLL responds to London Help to Buy announcement

Adam Challis, Head of Residential research at JLL comments on London’s Help to Buy scheme: "The concern is not about demand, as I’m sure it will continue to see strong take up. My concern is that London Help to Buy will disproportionately support middle-class first-time buyers, while many below the level of income required to qualify for a mortgage (even with the equity support) will go unsupported."

JLL predicts 26.4 per cent increase in Manchester house prices in the next five years

Research reveals demand for city centre accommodation, with more than six applicants for each letting in 2015

JLL sets out ambitious expansion in 2016

JLL is heading into 2016 with exciting expansion plans, with the appointments of Michael Whittaker at its Canary Wharf office and Laura Ochoa who will head up the Corporate Relocations team. In addition, JLL will be launching a further residential agency office in Stratford at the end of January, as well as expanding into the flagship office in Nine Elms in the spring.