<p><em>Two years on from the first lockdown we had hoped that 2022 would bring greater stability, allowing the much-anticipated PCL recovery to progress. Sadly, this hasn&rsquo;t come to pass, with the war in Ukraine, the ongoing impact of Covid-19 and concerns over the rising cost of living all preying on the minds of households. Yet despite a far from certain year ahead the PCL market has again proved resilient.&rdquo;</em></p><p><em>We still expect PCL to be one of the best performing markets in 2022, as the resurgence of the city continues.&nbsp; However, overseas buyers, the return of whom we are expecting to trigger a new wave of activity and price growth in PCL, may take a little longer than hoped to return.</em></p><p><em>The PCL lettings market starts 2022 in a very different position. In Q1 last year we had seen rents fall by more than 10% annually and supply levels were still climbing. But a year on and rents are 15% higher than in Q1 2021 and now exceed their pre-pandemic peak. But there are signs the market is settling and we anticipate annual growth in rents will have peaked in Q1. But with supply still below historic levels there could be room for further increases in the coming months too.</em><em></em></p>
<p><strong>PCL Sales</strong></p><ul><li>The JLL PCL Sales Index recorded a 3.3% annual increase in achieved prices in Q1 2022, with prices up 0.6% on Q4 2021. </li><li>Achieved prices now 4.7% higher than pre-pandemic in Q1 2020. </li><li>10% fall in properties on the market now compared with the quarter end in Q1 2021. </li></ul><p>There were high hopes for the PCL market at the start of 2020, with a flurry of activity prior to the first lockdown in March. Now, two years on, PCL is again seeing activity increase, although delays in overseas buyers returning to the market may mean
    the recovery is more muted than we&rsquo;d hope in the short term. </p><p>In Q1 2022 PCL recorded a 7% annual increase in sales according to LonRes, making the first quarter the busiest Q1 for five years. Activity was strongest between &pound;2million and &pound;5 million, with sales up 25% on Q1 2021. There were fewer sales
    at the top end, with homes sold for &pound;5 million or more down 10% on the same three months a year ago. &nbsp;As Londoners return to the office, we have seen demand for flats rise too, with the number of flats sold in the first three months of
    2022 rising 13% annually compared with an 11% fall in the number of houses. </p><p>Prices are rising, albeit with central London yet to experience the double-digit growth seen outside the capital over the last 12 months. The Q1 2022 JLL PCL Sales Index recorded a 3.3% annual increase in achieved prices. Prices paid in Q1 2022 now 4.7%
    higher than those achieved pre-pandemic in Q1 2020. </p><p>Stock levels have fallen this year, with the number of new instructions not keeping pace with sales. At the end of Q1 2022 there were 10% fewer properties on the market compared with the same point a year ago. Albeit with available stock levels remaining
    14% higher than in March 2019 and 16% higher than March 2020.</p><p>As restrictions were lifted last year, we had hoped the much-lauded return of the overseas buyer would begin in Q1 2022. But with the uncertainty surrounding the war in Ukraine and further Covid restrictions in Asia it appears we&rsquo;ll be waiting a
    little longer.&nbsp; Although some overseas buyers are returning to the market, demand continues to be predominantly domestic. </p><p>For overseas buyers re-entering the PCL market, combining exchange rate fluctuations with PCL price falls still makes a compelling case for investment. Comparing prices paid in US dollars shows buyers in Q1 2022 are paying, on average, 26% less in dollars
    than at the peak of the market in 2014. Chinese buyers could save an average of 22%, with those purchasing in Euros paying 14% less for PCL homes. For domestic buyers savings are more modest at 7%. </p>
<p><strong>PCL Lettings</strong><strong></strong></p><ul><li>The JLL PCL Rental Index recorded a 15.0% annual increase in achieved rents in Q1 2022, the highest annual rise for over a decade. </li><li>This follows a 10.4% annual fall a year ago in Q1 2021, when we saw achieved rents bottom out across PCL.</li><li>Achieved rents are now 3.1% higher than pre-pandemic in Q1 2020. </li><li>Stock levels down 71% on March 2021.</li></ul><p>The PCL lettings market has made up significant ground over the last 12 months.&nbsp; Rents, which bottomed out in Q1 2021 have rebounded, now 15.0% higher than they were a year ago. The highest annual growth in achieved rents since Q3 2011. Of course,
    this is off a low base, with Q1 2021 seeing rents drop 10.4% compared with pre-pandemic levels. &nbsp;</p><p>There has been a trickle of new properties reaching the market. Stock levels are higher than the historic lows we experienced at the end of 2021 but remain significantly below the long run average. &nbsp;With 71% fewer properties listed compared with
    the end of the first quarter last year and 59% lower than the 2018 to 2020 Q1 average.</p><p>With achieved rents now higher than their pre-lockdown peak, we expect a return to more normal market conditions over the course of the year. Rents rose 1.1% this quarter, down from a 3.7 % quarterly rise in Q4 2021. </p><p>Tenants, who a year ago were able to negotiate significant reductions on asking rents, are facing higher rents on renewal. In some case this is meaning tenants are leaving, however many, who see how competitive the market is, are paying more and remaining
    in situ. JLL data showing an 18% annual increase in the number of renewals across PCL in Q1 2022 compared with Q1 2021.</p>
<p><strong>Marcus Dixon &ndash; Director of UK Residential Research</strong></p>

Prime Central London – Q1 2022

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Sales volumes increased again this quarter in prime central London and both prices and rents rose as the city re-opens and buyers and tenants return.&nbsp;

Sales volumes increased again this quarter in prime central London and both prices and rents rose as the city re-opens and buyers and tenants return. 

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<p><strong>Rising household bills put energy efficiency far higher on occupiers list of must haves for their next home. Could the new homes industry benefit and attract a new wave of buyers and tenants seeking out more energy efficient options?</strong></p><p>Director of UK Residential Research at JLL, Marcus Dixon, explains: <em>&ldquo;Increasing the energy price cap on 1 April could see bills for the average band G home hit almost &pound;5,000 a year, up &pound;145 per month on current rates. More efficient homes don&rsquo;t escape the price rises either, albeit those paying energy bills for homes in bands A to C will be on average &pound;3,246 a year better off than their neighbours in a band G home.&rdquo;</em></p><p><em>&ldquo;New homes are already blazing the eco trail, with more than 4 in every 5 new homes built now in the top two EPC bands, compared with less than 1 in 20 existing properties. We must also push forward with retrofitting existing stock, although this remains a complex, costly, and lengthy endeavour.&nbsp; But there is an opportunity here for the new homes industry, offering best in class efficiency and tapping into demand from households who not only want to do their best for the climate, but also save themselves money too.&rdquo; &nbsp;</em></p><p align="center"><strong>Rising energy costs push buyers towards more efficient homes</strong></p><p>Inflation hit a 30 year high in February, with the Consumer Price Index (CPI) recording an annual increase of 6.2%, up from 5.5% in January. Monthly figures show a 0.8% increase, the largest CPI rise between January and February since 2009. Food, fuel, and energy costs are the key drivers behind these rises as the squeeze on household incomes continues. </p><p>In his Spring statement on 23 March, the Chancellor announced that fuel duty will be reduced by 5 pence per litre until March 2023. But household energy bills still look set to soar, as the price cap, which limits the maximum amount suppliers can charge for each unit of electricity and gas, will rise at the end of March. </p><p>JLL Research have looked at average household energy bills for homes with EPC ratings from the most efficient (A) to the least (G).&nbsp;</p><p><strong>Implications of the lifting of the price cap by EPC band</strong></p><img alt="" src="https://cms-resi.eu.jll.com/images/default-source/agency/graph-1.png?Status=Master&amp;sfvrsn=9b7b074_1" sf-size="100" /><p><em>Source: JLL Research/ ONS</em></p><p>On average, the lifting of the price cap could mean households paying upwards of 54% more on their energy bills from 1 April. Even more efficient homes in band A to C could see an annual increase of &pound;600 per annum. Homes in band G, the least efficient, seeing bills rise from &pound;3,207 to &pound;4,950, &pound;1,743 more per annum. </p><p>Improving the energy efficiency of your home could help, with households in Band G seeing a saving of &pound;1,362 per annum if they improved their home by just one band, or a saving of &pound;2,888 if they manage to gain a band D rating on a band G property. </p><p><strong>Lessons from the motor industry?</strong></p><p>With the price of fuel at the pumps up 22.4% in the last 12 months, more buyers are choosing electric vehicles. The SMMT report electric vehicles (BEV) accounted for 17.7% of vehicles sold in February 2022, more than double the market share a year ago of 6.9%. </p><p>With consumers becoming more environmentally aware and energy cost spiralling, many will be looking more closely at their homes too. Research from the Home Builders Federation (HBF) suggests occupiers are becoming more aware of energy consumption and efficiency of their homes. In their most recent survey, the HBF state that 3 in 4 people are worried about their home&rsquo;s energy performance, with 1 in 4 respondents citing energy efficiency will be a crucial factor in their next home move.</p><p>One approach is decarbonising their existing home, however costs for retrofitting existing buildings are far higher than incorporating these features into a new build property, even after the VAT rate on installing energy efficiency measures was cut in the Spring statement from 5% to 0%. &nbsp;A report by the Climate Change Committee suggesting the cost of building a highly efficient new build home adds an additional &pound;5,000 to build cost, whereas the bill for retrofitting an existing home would be almost five times more at &pound;23,000. </p><p>This surely means the appeal of new build homes will increase. In 2021, 84% of new build homes achieved an A or B rating in their EPC compared with just 4% of existing properties.&nbsp;</p><p><strong>About JLL | March 2022</strong></p><p>JLL is a leading global professional services firm specialising in real estate and investment management, with $16.6bn annual revenue in 2020, operations in over 80 countries and a global workforce of over 90,000.&nbsp; With over 7,000 employees and 15 offices in the UK, we support our investor, developer and occupier clients at every stage of the property lifecycle across both commercial and residential asset classes. This includes land purchase, access to capital, planning, development advisory, leasing, building management and sales. </p><p>JLL&rsquo;s Residential and Living team consists of over 300 professionals who provide a comprehensive end-to-end service across all residential property types, including social housing, private residential, build to rent, co-living, later living, healthcare and student housing. </p><p><br /></p><p><sup>Disclaimer: &copy; 2022 Jones Lang LaSalle IP, Inc. All rights reserved.</sup></p><sup></sup><p><sup>Data within this report is based on material/sources that are deemed to be reliable and has not been independently verified by JLL. JLL makes no representations or warranties as to the accuracy, completeness or suitability of the whole or any part of the report which has been produced solely as a general guide and does not constitute advice. No part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of JLL. JLL, its officers, employees shall not be liable for any loss, liability, damage or expense arising directly or indirectly from any use or disclosure of or reliance on such report. JLL reserves the right to pursue criminal and civil action for any unauthorized use, distribution or breach of such intellectual property.</sup></p><p></p><p></p><p></p><p></p>

What rising energy costs mean for UK homes

<p>What rising energy costs mean for UK homes</p>

Is interest in new build homes set to rise as increases in energy costs start to bite?  

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<h2 style="padding-top:0px !important;">An Exciting New Neighbourhood </h2><p>In the last few years, we've witnessed an evolution of Canary Wharf from a working weekday corporate epicentre to a highly desirable - and liveable - central London neighbourhood. Exceptional retail, restaurant and leisure options, combined with varied transport connectivity and close proximity to some of the city's most prized green spaces have all contributed to a shift in the way residents perceive this part of East London.</p><p>The new Elizabeth
    Line station at Canary Wharf was handed over to TFL in early 2022; the 250 metre structure being located in a former dock. With trains every five minutes at peak times, travellers will be able to reach Paddington in 17 minutes, Heathrow in under 40
    minutes and the City in less than 10 minutes. </p><p><sub>Source: JLL Research / Land Registry / TFL / Dataloft</sub></p><h2 style="padding-top:0 !important;">Canary Wharf in numbers</h2><style>.height-100 {
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<section><div class="row">

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">42%</p><p>Of homes in Canary Wharf are private rented compared with 25% London wide</p></div></div></div>

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">26%</p><p>Of households in Canary Wharf are families</p></div></div></div></div></section>
<section><div class="row">

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">82,000
 </p><p>Number of people exiting at Canary Wharf underground station on a weekday (pre-pandemic)</p></div></div></div>

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">10th busiest
                    </p><p>Canary Wharf underground is one of the busiest Underground stations in London (2019)</p></div></div></div></div></section>
<section><div class="row">

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">534</p><p>Number of residents per restaurant, compared with London average of 1,023</p></div></div></div>

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">154,000</p><p>Workday population of Canary Wharf</p></div></div></div></div></section>
<section><div class="row">

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">58,223</p><p>Number of people who call Canary Wharf home</p></div></div></div>

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">940,000 sqft</p><p>of shops, restaurants, bar and amenities in Canary Wharf</p></div></div></div></div></section><h2>Jubilee first for 4G</h2><p>In 2020 the Jubilee Line between Westminster and Canning Town was the first to allow passengers 4G connectivity on train and platforms.</p><h2>Canary Wharf future</h2>

<section><div class="row">

 <div class="column-two height-100"><div style="max-width:540px;"><div><p style="text-align:left;">The new Elizabeth Line station at Canary Wharf was handed over to TFL in early 2022, the 250 metre structure being located in a former dock. With trains every five minutes at peak times, travellers will be able to reach Paddington
                        in 17 minutes, Heathrow in under 40 minutes and the City in less than 10 minutes.</p></div></div></div>

 <div class="column-two height-100"><div style="max-width:540px;"><div><img src="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1650947322/resi/gb/cms/News/Images/Spotlight%20on%20Canary%20Wharf/Crossrail_Place-min.jpg" /></div></div></div></div></section><h2>Canary Wharf &ndash; sales market</h2><p>Demand for homes in Canary Wharf has risen this year, with JLL seeing a 48% annual increase in the number of new home reservations in the year to March 2022. </p><p>Buyers in 2022 favour larger homes.&nbsp; The floor area of new properties sold by JLL in Canary Wharf this year&nbsp; averaged 745 square foot, up from 595 square foot in 2021. 54% of properties sold so far this year had two or more bedroom compared
    with just 28% in 2021.</p>

<section><div class="row">

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">2000</p><p>The year the first sale over &pound;1 million was recorded in Canary Wharf</p></div></div></div>

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">93%</p><p>of sales in the last 12 months were flats</p></div></div></div></div></section>

<section><div class="row">

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">8%</p><p>Of properties sold in the last 12 months achieved &pound;1 million or more
                    </p></div></div></div>

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">61%</p><p>Of new developments in Canary Wharf have average asking prices of &pound;1,000 per square foot or more</p></div></div></div></div><h2>Average achieved prices and key events - Canary Wharf</h2></section><img src="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1650434505/resi/gb/cms/News/Images/Spotlight%20on%20Canary%20Wharf/Sales_Market_1.png" data-sf-ec-immutable=" " sf-size="100 " alt=" " /><h2>Canary Wharf &ndash; rental market </h2><p>Stock levels have not kept pace with demand across Canary Wharf in recent months, supporting growth in achieved rents. The number of properties on the market now compared with the same point a year ago has dropped by 30% in Canary Wharf. </p><p>Rents achieved across Canary Wharf in Q1 2022 averaged &pound;506 per week. This increase has been driven in part by demand for high specification apartments in new developments. But increased demand this year compared with last has meant landlords have
    been able to increase rents on renewal too. Comparing achieved prices per units this year with the same period in 2021 shows rent achieved on renewal rose by an average of 13.1%.</p>

<section><div class="row">

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">27%</p><p>Of tenants are students</p></div></div></div>

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">49%</p><p>Of tenants already lived locally, having moved less than a mile</p></div></div></div></div></section>

<section><div class="row">

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">20%</p><p>Annual increase in the number of viewings booked for rental properties in Canary Wharf</p></div></div></div>

 <div class="column-two height-100"><div style="max-width:540px;"><div><p class="red">69%</p><p>Of tenants are under 30 years old.</p></div></div></div></div><h2>Average rent achieved - Canary Wharf</h2></section><img src="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1650434505/resi/gb/cms/News/Images/Spotlight%20on%20Canary%20Wharf/Rental_Market_Graph_1.png" data-sf-ec-immutable=" " sf-size="100 " alt=" " /><p>&nbsp;</p>

Spotlight on Canary Wharf

Demand for homes in Canary Wharf has risen this year, with JLL seeing a 48% annual increase in the number of new home reservations in the year to March 2022.


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<p style="font-size:18px;"><strong>The sponsorship culminated in a panel discussion on the importance of the relationship between interior design and architecture</strong></p><p>We are proud to announce that we will act as lead sponsor of Design Centre, Chelsea Harbour for London Design Week, a six-day event celebrating London as the design capital of the world. Set to begin with a global online launch on Sunday 13 March, before
    a physical programme begins at Chelsea Harbour&rsquo;s Design Centre on Monday 14<sup>th</sup> until Friday 18<sup>th</sup> March. The event will showcase a line-up of renowned speakers at panel events, as well as established makers and luxury brands
    that are shaping the future of interior design. </p><p>This partnership with Design Centre, Chelsea Harbour is particularly significant as it represents the coming together of two powerhouses of interior design and property.</p><p>&nbsp;We&rsquo;re delighted to be sponsoring London Design Week, an event that plays a truly crucial role in understanding and expanding London&rsquo;s exciting design industry. The schedule for this year&rsquo;s programme will showcase the finest design
    talents and minds across the UK and we want to involve our clients with London Design Week whilst they make their new house into a home with interior product. The property and design industries are inherently linked and we&rsquo;re keen to explore
    that relationship over the next week and beyond.</p><p>One event is a particular focus for JLL Residential - the discussion, &ldquo;Conversations in Design: Interior Design and Architecture: The Perfect Match?&rdquo; is set to take place at 11:30am on March 14<sup>th</sup>. It will focus on how the combination
    of architecture and interior design can grow businesses, the importance of communication and collaboration to achieve compelling spaces that answer the client&rsquo;s brief and the invisible line between the two interconnected disciplines. Panellists
    include Richard Parr, founder of Richard Parr Associates, Claire Sa, director of De Rosee Sa and Natalia Miyar, founder of Natalia Miyar Atelier. The panel will be chaired by the writer and editor Charlotte Abrahams.</p><p>Other &lsquo;Conversations in Design&rsquo; talks will include panel discussions and business-focused sessions with A-list speakers; all providing in-depth analysis to keep the design industry competitive and connected. New talent includes Mimi Shodeinde
    of Miminat Designs, Alex Holloway and Na Li of Holloway Li, Jake Arnold, Isabella Worsley, Minnie Kemp, Rupert Cunningham and Alexandria Dauley, alongside more established names such as Nicola Harding, Lucy Hammond Giles, Adam Bray and Celerie Kemble,
    with more to be announced. Legendary fashion and textile designer Zandra Rhodes will also explore <em>Britannia</em>, her new collaboration with silk weaving house Gainsborough.</p><p>Design Centre, Chelsea Harbour:&nbsp; &ldquo;It&rsquo;s really fantastic to have JLL on board as our lead sponsor for what will be an exciting week of talks, panel discussions, and exhibits. More than ever, our two industries work symbiotically. To recognise
    that with sponsorship from such an inspiring and forward-thinking company is testament to our ever-expanding relationship, and the burgeoning industry in London. We look forward to seeing many people come and enjoy what we have to offer, and hope
    it inspires the next generation of designers and property professionals alike.&rdquo;</p><p>In addition, the week-long event will exhibit the latest offerings from 120 international showrooms and 600 brands, many focused on 2022&rsquo;s outlook to be elegant, pretty and upbeat and a fresh approach in interior design. The program reflects a commitment
    to connect, converse, create in the design sphere with meet-the-designer sessions, artisan demonstrations and design discovery tours.<br /></p><img src="https://cms-resi.eu.jll.com/images/default-source/agency/new-london-design-week-2022-at-design-centre-chelsea-harbour-(7)-min.jpg?Status=Master&amp;sfvrsn=9ef74c62_1" style="display:block;margin-left:auto;margin-right:auto;" height="500" class="-align-center" sf-size="100" alt="" />

JLL Residential Partners with Design Centre, Chelsea Harbour for London Design Week

<p>Design Centre, Chelsea brand partnership for London Design Week 2022</p>

Please click here to sign up as a guest can attend the event. 

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<p>We have released new research predicting the UK residential property market&rsquo;s first ever &pound;100 billion summer.<br /></p><p>The forecast, which takes the current trajectory of the housing market and applies it to the rest of summer months, estimates that there will be 420,000 sales in the UK across June, July and August at a total spend of a record&nbsp;<strong>&pound;107bn</strong>.&nbsp;<br /></p><p>This will make this summer the highest grossing quarter in UK residential market history and is in stark contrast to previous years. Throughout the past half decade, total spend from buyers during the summer months has averaged &pound;69bn-per-year, a
    figure that comprised of a little over 300,000 sales.<br /></p><h2><strong>Speaking on the forecast,&nbsp;Nick Whitten, our Head of UK Living Research,&nbsp;said:&nbsp;</strong></h2><p><em>&ldquo;It is well-documented that the Summer is the best time to sell a home, with sentiment receiving a natural positive boost from the warmer weather. However, our data suggests that this post-lockdown summer will set a new record. The reasons behind the buying bonanza - with the most exchanges and highest total sales value on record &ndash; are threefold. The stamp duty extension to the end of June means that during the quarter eager buyers and sellers will look to force a deal through. This, combined with the increased financial stability many buyers are feeling as we unlock from Coronavirus, and the well-documented supply constraints in the UK market, means we can expect to see demand swallowing up available stock, pushing up prices but not to the extent that it will affect transactions.&rdquo;</em></p><p>The Government has set a clear priority to help more people onto the housing ladder through its Own Your Home campaign. The campaign puts the spotlight on six Government-backed support schemes to allow people to access some form of home ownership.</p><p>The forecasted spike in activity this Summer will be particularly evident in the north of England, which is predicted to see circa 100,000 sales &ndash; around 25% of the total UK.</p><h2><strong>Stephen Hogg, our Head of North West and Residential UK Regions&nbsp;said:&nbsp;</strong></h2><p><em>&ldquo;We have seen the market steadily improve and are fully expecting a further acceleration throughout the Summer.&nbsp; &ldquo;North-shoring&rdquo; is a trend we have seen pre-COVID but even more during and post-COVID with purchasers seeing better value for money in the north.&nbsp; Regional towns and cities continue to be voted the best places to live in the UK with less congestion and some of the best schooling.&nbsp; The regional cities are bouncing back quicker, HS2 offers further medium to long term growth prospects coupled with the Government&rsquo;s levelling up agenda.&nbsp; Flex working is becoming the norm and therefore the need to live close to the Capital is diminishing.&nbsp; The historical brain-drain of regional centres seeking high skilled high paid jobs in London is a thing of the past.&nbsp; With the likes of Manchester, Birmingham, Edinburgh offering opportunities equal to or not available in London they are now attracting a vast talent pool who in turn are boosting the local housing markets.&rdquo;</em></p><h2><strong>Providing a Prime London lens on the research and forecast,&nbsp;Lucy Morton, our Head of Residential Agency,&nbsp;said:&nbsp;</strong></h2><p><em>&ldquo;London has faced its own unique set of challenges over the past fifteen months. Unsurprisingly the extent of its sudden and vast transformation from a thriving, borderless hub of activity that never slept, to a fully-locked-down ghost town was reflected in a similarly drastic lull in property market activity.&nbsp;</em></p><p><em>&ldquo;Yet despite this, the appeal of London as one of the most vibrant and popular cities of the world has reignited, the shoots of recovery in the capital are looking very green indeed; activity is picking up considerably, and interest &ndash; from domestic and international buyers alike &ndash; is returning.&rdquo;</em></p><p>Factors have combined to set up the highest grossing quarter in UK residential market history. Read more on our Spring Forecasts
    <a href="https://residential.jll.co.uk/insights/news/spring-2021-forecasts-our-property-predictions">here</a>.</p><p>You can find a full breakdown of the year-on-year data cited in the forecasts in the grid below:<br /></p><table><tbody><tr style="height:16.666666666666668%;"><td style="width:33.3333%;text-align:center;"><strong>Year:</strong></td><td style="width:33.3333%;text-align:center;"><strong>Total number of housing sales</strong></td><td style="width:33.3333%;text-align:center;"><strong>Total value of transactions (&pound;)</strong></td></tr><tr style="height:16.666666666666668%;"><td style="width:33.3333%;text-align:center;"><strong>2016</strong></td><td style="width:33.3333%;text-align:center;">316,000</td><td style="width:33.3333%;text-align:center;">&pound;65bn</td></tr><tr style="height:16.666666666666668%;"><td style="width:33.3333%;text-align:center;"><strong>2017</strong></td><td style="width:33.3333%;text-align:center;">337,000</td><td style="width:33.3333%;text-align:center;">&pound;72.5bn</td></tr><tr style="height:16.666666666666668%;"><td style="width:33.3333%;text-align:center;"><strong>2018</strong></td><td style="width:33.3333%;text-align:center;">333,000</td><td style="width:33.3333%;text-align:center;">&pound;75bn</td></tr><tr style="height:16.666666666666668%;"><td style="width:33.3333%;text-align:center;"><strong>2019</strong></td><td style="width:33.3333%;text-align:center;">317,000</td><td style="width:33.3333%;text-align:center;">&pound;72bn</td></tr><tr style="height:16.666666666666668%;"><td style="width:33.3333%;text-align:center;"><strong>2020</strong></td><td style="width:33.3333%;text-align:center;">233,000</td><td style="width:33.3333%;text-align:center;">&pound;58bn</td></tr><tr style="height:16.666666666666668%;"><td style="width:33.3333%;text-align:center;"><strong>2021&nbsp;</strong>(predicted)</td><td style="width:33.3333%;text-align:center;">420,000</td><td style="width:33.3333%;text-align:center;">&pound;107bn</td></tr></tbody></table><p>&nbsp;</p>

Billion pound summer forecasted this summer 2021 in UK housing market

<p>Spring 2021 Forecasts and property predictions as detailed by Nick Whitten, Head of UK Living Research at JLL.</p>

We have released new research predicting the UK residential property market’s first ever £100 billion summer.

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The UK residential property market’s first £100 billion summer

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<img src="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1619178659/resi/gb/cms/Research/Images/2021_Forecasts_infographic_Landscape_V6.jpg" data-displaymode="thumbnail" alt="infographic" title="Spring 2021 Forecasts: Our Property Predictions" style="vertical-align:middle;" /><button class="Button primary"><a style="color:rgba(255, 255, 255, 1);" href="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1619012684/resi/gb/cms/Research/PDFs/2021-forecasts-infographic-v5.pdf">Download the report </a></button><br /><br /><iframe width="100%" height="315" src="https://players.brightcove.net/1268729899001/default_default/index.html?videoId=6256747058001" sandbox="allow-scripts allow-same-origin"></iframe><br /><br />&nbsp;
<p>Our Spring 2021 Forecast assumptions:</p><div>The UK housing market is set to continue to confound expectations with JLL now predicting strong house price growth across all markets in 2021.</div><div><br /></div><div>As our November 2020 report Home is&hellip;for Everything stated, our homes have become the centre of our lives prompting many to re-evaluate their living priorities. These changing priorities will continue to drive buyer and renter behaviour in 2021
    with a dedicated space for home working and a garden becoming more of a focus for families in particular.</div><div><br /></div><div>However, demand for city living will also bounce back in 2021 with a growing appetite to return to social, bustling urban centres, particularly driven by younger generations. JLL has been monitoring rising demand for homes in key cities prompting our
    expectations for strong house price and rental growth in London and other major regional UK cities over the next 12 months.</div><div><br /></div><div>Despite Covid-19 causing a record contraction in GDP and rising unemployment, over the past 12 months the UK housing market has seen the highest level of house price growth since before the EU Referendum in June 2016.</div><div><br /></div><div>Prices have continued to grow strongly in 2021 on the back of the supportive UK Government measures such as the extended Stamp Duty holiday, 95% Mortgage Guarantee scheme and the speed of the COVID-19 vaccine rollout.</div><div><br /></div><div>JLL now forecasts that price growth will be 4.5% in the UK and 6% across London in 2021.</div><p>&nbsp;</p><br /><br /><img src="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1583770729/resi/gb/cms/Contacts/Nick_Whitten.jpg" data-displaymode="thumbnail" alt="nick-whitten" title="Nick Whitten" style="vertical-align:middle;" />&nbsp;<br /><br /><p style="text-align:center;">Nick Whitten - Head of UK Living Research</p><p style="text-align:center;"><a href="mailto:Nick.Whitten@eu.jll.com" target="_blank"><button class="Button primary">Contact Us</button></a></p><div style="margin:15px;">&nbsp;</div>

Spring 2021 Forecasts: Our Property Predictions

Our lives revolve around our homes more than at any point in the past 250 years.

<p>Our lives revolve around our homes more than at any point in the past 250 years. In our &lsquo;Home is for&hellip;Everything&rsquo; report, we looked to the future of UK house price and rental value forecasts for the next five years, the effect of the Covid-19 and the role technology would play in satisfying our needs and wants in our home. In our Spring 2021 Forecasts, we offer valuable insight into the next five years and predict strong house price growth.</p>

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Spring Budget 2021: Stamp Duty Holiday Extension 

<p>Stamp Duty holiday 2021 extension as detailed by Nick Whitten, Head of UK Living Research at JLL.</p>

The housing market has got the extended holiday many were hoping for so buyers purchasing a home can take advantage of a reduced Stamp Duty charge. 

<p>The housing market has got the extended holiday many were hoping for and the clock is now effectively ticking for new buyers who haven&rsquo;t yet started the process of purchasing a home to take advantage of a reduced Stamp Duty charge. </p>

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<h2><strong>Home working during European lockdowns </strong></h2>
<p>In the <a href="https://residential.jll.co.uk/insights/research/housing-needs-and-resident-preferences-across-europe-during-covid-19">previous blog</a>, we identified shifting preferences on home location and priorities within the home itself. Many of these have been stimulated by much more time spent at home under &lsquo;shelter in place&rsquo; orders, as economic activity has drastically shifted from offices to residential units.</p>
This blog unpicks the changing nature of peoples&rsquo; experiences and expectations for working from home, and leads onto identifying the similarities different socio-demographic cohorts exhibit across the whole European sample, including wider changes in home preferences in light of Covid-19.<br />
<br />
<h2><strong>Working from home</strong></h2>
<p>Covid-19 has triggered a widespread temporary shift to homeworking. Government guidance across the continent almost unilaterally was to work from home wherever possible. Time spent at work fell, compared to normal, between 83 and 90% during its nadir under lockdown, according to Google Trends.</p>
69% of survey respondents worked infrequently (less than once a week or never) before Covid-19, but being forced to work from home for a prolonged period has changed perceptions and expectations moving forward. In a post-Covid-19 world, our respondents want to work from home more, with the most common preference (53%) being 1-2 days per week. The below chart shows that the majority of flows are moderate changes to habits. For example, those who never work from home are now mostly wanting to work once or twice a week, rather than all the time. Indeed, the same proportion (7%) of respondents are looking to work from home full-time.<br />
<br />
<img src="https://cms-resi.eu.jll.com/images/default-source/default-album/graph-1---living-prioritiesdd2906d281be463a9b788c86df40000b.png?sfvrsn=ca7b6573_0" data-displaymode="Original" alt="Graph 1 - Living priorities" title="Graph 1 - Living priorities" style="vertical-align: middle;" /><br />
<p>It is worth noting that changing work from home preferences does not necessarily correlate with lower overall office space demand. The equation is much more complicated than this, as discussed in JLL&rsquo;s &lsquo;<a href="https://www.jll.co.uk/en/trends-and-insights/research/future-of-office-demand">The Future of Global Office Demand</a>&rsquo; paper, and includes factors relating to office design and commuting patterns, as well as technological influences. </p>
<p>Most of the changes from our survey are minimal, and are likely to soften as people return to work and realise the benefits that personal interactions can have on productivity and collaboration in particular. Indeed, four months on from the first lockdowns, we are starting to a see a significant return of workers to their offices, albeit at limited capacity for now. As discussed in the earlier blog, people are looking to recreate the professional working environment at home, with second screens, office chairs, spare rooms and so on, meaning they value quality set ups. Indeed, there are many aspects of office life that simply cannot be replicated in a permanent work from home situation. There are many other factors at play as we look to the future across Europe: societal customs across the continent, ability for individuals to balance work and home lives, and ultimately employer rules and receptiveness this change. </p>
One of the interesting elements to this is the differences between age groups across our sample. Younger cohorts were significantly less likely to regularly work from home, with only 24% of 18-34s working from home once a week or more. The pandemic has significantly disrupted this trend, with all age groups relatively equally likely to want to work from home once or twice per week.&nbsp;<br />
<br />
<img src="https://cms-resi.eu.jll.com/images/default-source/default-album/graph-2---living-priorities.png?sfvrsn=1634891_0" data-displaymode="Original" alt="Graph 2 - living priorities" title="Graph 2 - living priorities" style="vertical-align: middle;" /><br />
<h2><strong style="font-size: 18px;">Towards a cohort classification</strong></h2>
One of the most striking things about the survey results is how similar experiences have been, and the strong similarities of preference for those at different life stages. Drawing on themes from both blogs, the below graphic tries to identify different socio-demographic cohorts and their headline results from the survey. We can recognise the groups most likely to look to move, where their preference would be, what they want out of a home. The changing intention around home working is also notable different, perhaps showing the demographics the offices of the future should be more targeted towards.&nbsp;<br />
<br />
<img src="https://cms-resi.eu.jll.com/images/default-source/default-album/graph-3---living-priorities.png?sfvrsn=33046ac1_0" data-displaymode="Original" alt="Graph 3 - living priorities" title="Graph 3 - living priorities" style="vertical-align: middle;" />
<h2><strong>Temporary or permanent?</strong></h2>
<p>The survey was conducted while much of Europe&rsquo;s population was in the deepest throngs of lockdown and is therefore likely that results reflect a bias for immediate concerns. As the continent&rsquo;s lockdowns ease and a semblance of normality emerges, it is possible that some views will soften, but other preferences will endure. </p>
<p>We are looking to re-run the survey in the autumn to understand the permanency of these views &ndash; how far away is the &lsquo;new normal&rsquo; from past expectations?</p>
Click&nbsp;<a href="https://residential.jll.co.uk/insights/theme/covid-19"><strong>here</strong></a>&nbsp;to read our latest COVID-19 insights.&nbsp;&nbsp;
<br />
<p style="text-align: center;"><img src="https://cms-resi.eu.jll.com/images/default-source/default-album/thomas-colthorpec1eb2d7194d94b96a1dcd11ed2e1eead.tmb-medium.jpg?sfvrsn=2397beb_1" data-displaymode="Thumbnail" alt="Thomas.Colthorpe" title="Thomas.Colthorpe" style="vertical-align: middle;" /></p>
<p style="text-align:center;"><a href="mailto:Thomas.Colthorpe@eu.jll.com" target="_blank"><button class="Button primary">Contact</button></a></p>
<div style="margin:15px;">
<p style="text-align:center;">Tom Colthorpe<br />
Senior Analyst</p>
</div>

Home working during lockdown across Europe

In the second of two blogs based on our JLL employee survey, we interrogate shifting work from home patterns under lockdown across Europe and how they influence people’s perceptions of the home. 

In the second of two blogs based on our JLL employee survey, we interrogate shifting work from home patterns under lockdown and how they influence people&rsquo;s perceptions of the home. Drawing on all the data, we demonstrate there are significant similarities in the experiences and expectations of distinct socio-demographic cohorts across Europe.

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<p>The latest set of A-level results are expected to trigger an active period for the UK student accommodation sector as students race to secure tenancies for the upcoming academic year. The sharp increase in applications between January and June has led to a 2% increase in UK applicants this year, while participation rates are at their highest level on record amongst UK 18-year olds. This goes against the underlying demographic decrease amongst this age group in recent years and defies predictions of the impact of COVID-19. </p>
<p>As of 30<sup>th</sup> June 2020, UCAS data showed that over two thirds of applicants had still not confirmed their final offers, a 10% increase in unconfirmed places compared to 2019/20. However, the first clearing data shows that UK acceptances are up by 2.9%, while non-EU acceptances are up by 2.0%. Although EU acceptances have fallen by 15.2%, overall acceptances on A-level results day are up by 1.9% year on year. </p>
<p>With universities subject to a temporary 5% cap on how many students they can take for the 2020/21 academic year, many students will now be facing strong competition given that 78% of students achieving grades A*- C (up from 75.5% in 2019). The recent GDP and employment data and the disruption caused by several months of national lockdown means that deferrals are not expected to increase. This will give many universities the opportunity to fill their places with high quality students.</p>
<p>Furthermore, the government has announced that any student appealing their decision will be exempt from the cap on places which may help to underpin demand. Although 40% of students received grades different from their teacher&rsquo;s predictions, 97% of all students are within one grade. The introduction of the triple lock and universities taking a more relaxed approach to selection is also welcome. So far, the government will not reissue downgraded students the grades predicted by their teachers, as was the case in Scotland, however public response over the forthcoming weeks may lead to additional updates from central government. </p>
<p>As before, much still rests on how many international students turn up for the start of term. There have been tentative signs that demand from this group has held firm, despite some initial concerns about the impact of COVID-19. UCAS figures from the 30<sup>th</sup> June deadline showed international applications up by 5% when compared to the same time in 2019/20. </p>
<p>Overall, leasing activity for purpose-built student accommodation remains strong. To date, over 70% of private PBSA beds have already been let for the new academic year, according to JLL&rsquo;s Student Housing Leasing Survey of over 145,000 beds, equivalent to 45% of the private market. Total bookings are ahead of where they were 12 months ago, largely as a result of existing students rebooking, and demand from new students is also up. </p>
<p>Following the disruption to the sector in March and April, the flurry of leasing activity expected in the coming weeks, as students settle on their courses and look to secure accommodation ahead of the new academic year, is expected to be positive for the sector. The results today further suggest demand will remain in the short to medium term, providing some much-needed relief to investors. </p>
<p>Philip Hillman, Chairman, Living Capital Markets, comments:</p>
<p>&ldquo;There is still uncertainty around how things will look once the new academic year gets underway in September, but after a significant period of disruption there are some encouraging signs. &nbsp;The longer-term outlook for student housing remains strong and it will continue to be driven by the same underlying counter cyclical factors that has attracted so much investment in recent years.&rdquo;</p>
<img src="https://cms-resi.eu.jll.com/images/default-source/default-album/james-kingdom-bw-488x180.jpg?sfvrsn=de9ea989_0" data-displaymode="Original" alt="James-Kingdom-BW-488x180" title="James-Kingdom-BW-488x180" /><br />
<br />
<p style="text-align: center;">James Kingdom<br />
Associate - UK Living Capital Markets Research</p>

UK student housing update following A-level results day

An update on the demand outlook for the UK student housing sector following the release of this year’s A-level result. 

An update on the demand outlook for the UK student housing sector following the release of this year&rsquo;s A-level result for students in England and Wales. The new academic year presents a chance for the student housing sector to resume following the disruption caused by the pandemic in March.

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<p style="text-align:left;"><b></b>Following RICS&rsquo; guidance today announcing the removal of the need for material uncertainty clauses (MUC) for residential valuations, JLL&rsquo;s and Savills&rsquo; valuation teams have released a joint statement expressing their decision
    to remove MUCs from reports and reflecting on RICS&rsquo; recommendations.</p><p>The guidance by the Royal Institution of Chartered Surveyors impacts the vast majority of residential valuations as it specifies &lsquo;residential property and land&rsquo;, with reference to specific use classes. However, it remains open to individual
    valuers to deploy the clause in exceptional circumstances, if they consider it necessary in relation to the particular asset or assets being valued and in the light of local market conditions. </p><p>Download the joint statement below:
</p><a href="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1594993947/resi/gb/cms/News/PDFs/Covid-19_Joint_Statement_JLL_Savills_Update_17.07.20.pdf" target="_blank" style="font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;"><button class="Button primary">Download the statement</button></a>

JLL and Savills valuers announce lifting of material uncertainty clauses based on RICS’ recommendations

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<p style="text-align:left;"><b>Stamp duty holiday</b></p><p>Government policy support is of absolute importance in limiting the economic impact of Covid-19 on the housing market in the UK. The stamp duty holiday until 31st March 2021 for homes up to &pound;500,000 could prove to be a key incentive to kickstart
    the housing market and make up for lost sales. There is a lot of pent up demand for new homes in the UK &ndash; our research shows more people are now looking to move home in the next two years. This stimulus could trigger a stronger than anticipated
    bounce in demand by allowing aspiring purchasers to use their stamp duty saving towards a higher deposit.</p><p>The Government has a recent track record of making stamp duty changes to help those on the earlier stages of the housing ladder such as first time buyers. Looking forward we would also encourage the Government to consider stamp duty incentives for older
    people to downsize or right size their homes. There is strong evidence to show that those over the age of 65 simply do not move until such a time as it becomes a necessity, such as needing care. However, over the next 10 years around 25% of the UK
    population will be over the age of 65. Encouraging these people to move into age appropriate homes would free up much needed housing at the other end of the housing ladder.</p><p><b>The green recovery</b></p>Assisting households with making energy-efficient home improvements will lead to lower energy bills, create job opportunities all over the country and is an important initiative to help deliver a low carbon future for the
UK.&nbsp; But the Government still needs to lay out the full roadmap to decarbonise all homes across the UK, and it must take responsibility to educate the public that living in a low carbon home is both inherently desirable and an absolute necessity
to meet our climate change goals.
<p><i></i><i></i></p><p style="text-align:left;"><a href="https://residential.jll.co.uk/search?tenureType=sale&amp;flags=help-to-buy%7Cshared-ownership&amp;sortBy=price&amp;sortDirection=desc"></a><br /></p><p><img style="display:block;margin-left:auto;margin-right:auto;" src="https://cms-resi.eu.jll.com/images/default-source/articles/nick-whittenff5b6a2f02024effbe2728cd4bd0c4c8.jpg?sfvrsn=aea2d7eb_1" sf-size="100" /></p><p style="text-align:center;">Nick Whitten - Head of UK Living Research</p>

Stamp duty tax holiday should trigger stronger than anticipated bounce in house demand

London, 08 July 2020 - The impact of the Covid-19 pandemic on UK economic growth and business activity is undeniable

<p>Impact of the Covid-19 pandemic on UK economic growth and business activity is undeniable, but the stimulus measures announced today will be key to boosting the housing market through the current downturn.<b></b><br /></p>

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<p style="text-align:left;">Chris Ireland, UK CEO at JLL, has added his signature to a letter that has been sent by the National Housing Federation to the chancellor urging him to put good quality, affordable housing at the centre of plans for social and economic recovery from the coronavirus crisis.</p><p>Homes at the Heart is a national campaign and coalition calling for a once-in-a-generation investment in social housing.</p><p><i>Dear Chancellor,</i></p><p><i>Put homes at the heart of recovery.</i><br /></p><p><i>We are writing to urge you to put good quality, affordable housing at the heart of your plans for social and economic recovery from the coronavirus crisis.</i></p><p><i>This pandemic has transformed our relationship with our homes. For some, home has been a sanctuary from a dangerous and unpredictable virus. Home has become their office, a classroom, a gym or a place of worship. But for countless others, the place they have spent lockdown has felt like a prison &ndash; housing that is far too small, too expensive, of poor quality or isolated from the support that would help them to live well.</i></p><p><i>The coronavirus crisis is further highlighting the need for secure, high quality, better designed affordable homes and, for many people, support to live in them. Not least for many of the people most affected by this crisis &ndash; low-paid key workers living in homes they can&rsquo;t afford, rough sleepers helped off the streets, homeless families in temporary accommodation, older people in unsupported homes, and families stuck in overcrowded conditions.</i></p><p><i>Without action, we are likely to see many people&rsquo;s housing situations get much worse in the weeks, months and years ahead, as the economic impacts of the crisis are felt across the country.</i></p><p><i>In times of crisis, the worth of social housing is ever more visible and to so many of the challenges that lie ahead, social housing is the answer. The social housing sector stands ready to play a major role in shoring up the future of the country.</i></p><p><i>Public investment in all types of new and existing social housing gives more back to the economy than it takes.</i></p><p><i>Building and improving social homes, including delivering on the decarbonisation agenda, creates jobs, kick-starts growth and brings huge environmental benefits.</i></p><p><i>Investing in supporting people to live well in their social homes improves health and wellbeing, and drives cost savings for the NHS.</i></p><p><i>Social housing is at the centre of thriving communities.</i></p><p><i>That is why we support the Homes at the Heart campaign.</i></p><p><i>As you develop and deliver plans to get the country back on track, we are calling on the government to put social homes at the heart of recovery &ndash; as a driver of economic and social prosperity, and an anchor for strong communities.</i></p><p><i>More information on the Homes at the Heart campaign is available </i><i><a href="https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.housing.org.uk%2Four-work%2Fcoronavirus%2Fhomes-at-the-heart%2F&amp;data=02%7C01%7CNikhil.Vaishnavi%40ap.jll.com%7Ccc03a47154354b9f458d08d818f2789e%7Cbfef2b06d2564f8ebd038d3687987063%7C0%7C0%7C637286776968061120&amp;sdata=5SsZAjRL%2F1gFyg8lY%2BJtIbuAkOdEZy28kdsyNYAOPlY%3D&amp;reserved=0">here</a>&nbsp;</i><i></i></p><p style="text-align:left;"><a href="https://residential.jll.co.uk/search?tenureType=sale&amp;flags=help-to-buy%7Cshared-ownership&amp;sortBy=price&amp;sortDirection=desc"></a><br /></p>

JLL urges quality and affordable housing to form part of social and economic recovery from Covid19

JLL supports National Housing Federation’s Homes at the Heart Campaign

<p><i></i>JLL supports National Housing Federation&rsquo;s Homes at the Heart Campaign<i></i></p>

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label="£0"
value=0
[min.1]
label="£1,000 pcm"
value=1000
[min.2]
label="£2,000 pcm"
value=2000
[min.3]
label="£3,000 pcm"
value=3000
[min.4]
label="£4,000 pcm"
value=4000
[min.5]
label="£5,000 pcm"
value=5000
[min.6]
label="£6,000 pcm"
value=6000
[min.7]
label="£7,000 pcm"
value=7000
[min.8]
label="£8,000 pcm"
value=8000
[min.9]
label="£9,000 pcm"
value=9000
[min.10]
label="£10,000+ pcm"
value=10000
 
[max]
[max.0]
label="£0"
value=0
[max.1]
label="£1,000 pcm"
value=1000
[max.2]
label="£2,000 pcm"
value=2000
[max.3]
label="£3,000 pcm"
value=3000
[max.4]
label="£4,000 pcm"
value=4000
[max.5]
label="£5,000 pcm"
value=5000
[max.6]
label="£6,000 pcm"
value=6000
[max.7]
label="£7,000 pcm"
value=7000
[max.8]
label="£8,000 pcm"
value=8000
[max.9]
label="£9,000 pcm"
value=9000
[max.10]
label="£10,000+ pcm"
value=1000000

Rent - Price

Price

title="Price"
metric="£"
type="minmax"
name="Price"
order=1

[min]
[min.0]
label="No Min"
value=""
[min.1]
label="£100,000"
value=100000
[min.2]
label="£200,000"
value=200000
[min.3]
label="£300,000"
value=300000
[min.4]
label="£400,000"
value=400000
[min.5]
label="£500,000"
value=500000
[min.6]
label="£600,000"
value=600000
[min.7]
label="£700,000"
value=700000
[min.8]
label="£800,000"
value=800000
[min.9]
label="£900,000"
value=900000
[min.10]
label="£1,000,000"
value=1000000
[min.11]
label="£2,000,000"
value=2000000
[min.12]
label="£3,000,000"
value=3000000
[min.13]
label="£4,000,000"
value=4000000
[min.14]
label="£5,000,000+"
value=5000000

[max]
[max.0]
label="No Max"
value=""
[max.1]
label="£100,000"
value=100000
[max.2]
label="£200,000"
value=200000
[max.3]
label="£300,000"
value=300000
[max.4]
label="£400,000"
value=400000
[max.5]
label="£500,000"
value=500000
[max.6]
label="£600,000"
value=600000
[max.7]
label="£700,000"
value=700000
[max.8]
label="£800,000"
value=800000
[max.9]
label="£900,000"
value=900000
[max.10]
label="£1,000,000"
value=1000000
[max.11]
label="£2,000,000"
value=2000000
[max.12]
label="£3,000,000"
value=3000000
[max.13]
label="£4,000,000"
value=4000000
[max.14]
label="£5,000,000+"
value=1000000000

Sale - Price

title="Bedrooms"
metric="bedrooms"
type="minmax"
name="bed"
order=2

[min]
[min.0]
label="No Min"
value=""
[min.1]
label="Studio"
value=0
[min.2]
label="1 bedroom"
value=1
[min.3]
label="2 bedrooms"
value=2
[min.4]
label="3 bedrooms"
value=3
[min.5]
label="4 bedrooms"
value=4
[min.6]
label="5 bedrooms"
value=5
[min.7]
label="6 bedrooms"
value=6
[min.8]
label="7 bedrooms"
value=7
[min.9]
label="8+ bedrooms"
value=8

[max]
[max.0]
label="No Max"
value=""
[max.1]
label="Studio"
value=0
[max.2]
label="1 bedroom"
value=1
[max.3]
label="2 bedrooms"
value=2
[max.4]
label="3 bedrooms"
value=3
[max.5]
label="4 bedrooms"
value=4
[max.6]
label="5 bedrooms"
value=5
[max.7]
label="6 bedrooms"
value=6
[max.8]
label="7 bedrooms"
value=7
[max.200]
label="8+ bedrooms"
value=200

Bedrooms

title="Property Type"
metric="propertyType"
type="select"
name="type"
placeholder="Any Type"
order=3

[[options]]
label="Any Type"
value=""
[[options]]
label="Flats"
value="flats"
[[options]]
label="Houses"
value="houses"

Property Type

type

title="Must be"
type="checkboxes"
name="flags"
order=4

[[options]]
label="New homes"
value="new-home"
[[options]]
label="Help to buy (equity loan)"
value="help-to-buy"
[[options]]
label="Coming soon"
value="coming-soon"
[[options]]
label="Stamp duty promotion"
value="reduced-stamp-duty"

Sale - Options

flags

Must be

title="Options"
type="checkboxes"
name="flags"
order=4

[[options]]
label="Short Term"
value="short-term"
[[options]]
label="Furnished"
value="furnished"
[[options]]
label="Unfurnished"
value="unfurnished"

Rent - Options

Options

Property Enquiry

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<p>PRIVACY NOTICE</p>
<p>Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.</p>
<p>Generally the personal information we collect from you are for the purposes of dealing with your enquiry.</p>
<p>We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.</p>

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