Prime Central London Report - Q3 2024

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The JLL Q3 2024 Prime Central London Report tracks activity across the central London housing market. The report incorporates the results of our quarterly JLL Prime Central London Index.

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<p><strong>This week has brought some welcome news for Andrew Bailey and the Bank of England. Consumer Price Inflation (CPI) fell below 2% for the first time since April 2021, with the annual inflation rate coming in below both the target rate and the Bank&rsquo;s expectations of 1.9%, rising 1.7% in the year to September. A fall in the cost of airfares and petrol in the last couple of months were credited with these figures coming in lower than forecast.</strong></p><p>Core CPI (which excludes things like energy and food) has been more stubborn than overall CPI, but it also fell back further than expected, with annual growth of 3.2% &ndash; below the 3.4% forecast &ndash; in September. </p><p>Wage growth in the three months to August 2024 was broadly in line with the Bank&rsquo;s expectations. Regular pay rose 4.9% annually, while pay with bonuses was up 3.8%. This combination means real wages (wages after inflation) are rising, meaning more
    in the pocket for UK workers. Potential Budget tax raids aside, this means we&rsquo;d expect consumers will be more confident to spend this quarter than last. </p><p>This all points to a further reduction in rates when the Monetary Policy Committee meets on 17<sup>th</sup> November. A 25bp cut remains more likely than 50, but it does open up the prospect of a further 25bps in December, if key indictors keep heading
    in the right direction. </p><h2>Mortgage markets</h2><p>So, all this means mortgage rates are falling, right? Well not quite. Natwest and Santander are just two of the lenders who have announced an increase in their fixed rates in the past few days. This isn&rsquo;t unusual: often those with the most competitive
    rates will put them up once they reach certain quotas, but there is a bit more at play here other than just a run on lower rate deals.</p><p>Long-term borrowing costs have been rising, with 10-year UK gilt yields (basically a government IOU to be paid back at a future date) rising from a low of 3.75% in mid-September to a mid-October high north of 4.2%. Pre-Budget wobbles are being cited,
    fuelled by reports that Chancellor Rachel Reeves is looking at relaxing fiscal rules to increase borrowing to fund Budget commitments. In recent days the 10-year rate has dropped a little to below 4.1% but expect uncertainty in the mortgage markets
    to persist until we know more on the 30<sup>th</sup>.</p><h2 style="text-align:center;"><img src="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1729259626/resi/gb/cms/Research/Images/houseprices.jpg" /></h2><h2>House prices
</h2><p>Figures from the Office for National Statistics show August was the sixth consecutive month when house prices posted an annual increase, the latest figures showing prices up 2.8%. This follows announcements from Nationwide and Halifax earlier this month,
    which showed prices up 3.2% and 4.7% respectively in the year to September. Prices in Scotland (5.4%) and Wales (3.5%) rose more than England (2.3%), with the North West recording the highest growth of any English region at 4.6%. The Midlands and
    North of England saw higher growth than the South, with the South West the lowest at 0.8%, while London saw growth of 1.4%. </p><h2>Rental Market
</h2><p>The ONS index of all rents showed an annual increase of 8.4% in September 2024, unchanged from August and down from a peak of 9.2% in March 2024. But the Homelet Rental Index of new lets fell relatively sharply to 4.3% from 5.1% a month before, continuing
    the trend we've seen this year of renewals commanding higher growth than new lets. In London the ONS all rents index is still showing annual growth of 9.8%, whereas Homelet shows rents for new lets rising just 1.0% annually. Our Q3 JLL lettings data
    for London sits somewhere in the middle, with average rents achieved on new lets up 2.0% and new lets and renewals combined rising 2.6%.
</p><h2 style="text-align:center;"><img src="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1729259628/resi/gb/cms/Research/Images/rentalindex.jpg" /></h2><h2>Construction</h2><p>The S&amp;P Construction Purchasing Managers Index (PMI) is a good bell weather for activity. The latest release signalled the steepest rate of growth in construction activity in 29 months, driven particularly by civil engineering and commercial developments.
    But housebuilding has fallen behind, with the volume of new housing activity continuing to fall on an annual basis, according to the ONS. The good news is that compared to 2022/23, housebuilding construction cost inflation is low, but not as low as
    CPI, which alongside Budget uncertainty is still holding back activity and challenging viability within the sector. </p><h2>The Budget</h2>The two-week countdown has begun, with ministers remaining relatively tight lipped around what will make the cut on the 30<sup>th</sup> October. Rachel Reeves appears to be looking closely at employers&rsquo; National Insurance Contributions,
with the number of ministers explaining how this doesn&rsquo;t contradict their manifesto pledges suggesting it could be more than just a Westminster rumour. Reports in the Times on Friday 18<sup>th</sup> October suggest the Chancellor won&rsquo;t increase
Capital Gains Tax (CGT) rates for residential property, with modest increases in CGT on the sale of shares more likely (remember profits from residential property for higher rate tax payers already attract a higher 24% rate compared with 20% for shares).
It is often said that a week is a long time in politics, meaning a fortnight must be an age, so we&rsquo;ll stop speculating for now.&nbsp; Keep an eye out for our next Roundup, a Budget special, out at the end of the month once we know more.
<p>&nbsp;</p>

Residential Roundup - 18 October

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<p>Following its initial reading earlier this month, the Labour governments revised, and newly titled &lsquo;Renters Rights Bill&rsquo; (RRB) proposes significant reform within the private rental sector. The bill has some way to go before being committed to law and may yet see further amendments but is widely expected to come into effect by summer 2025. &nbsp;</p><p>While the bill provides added flexibility for tenants, Landlords will retain much needed protection around possession and annual rental increases. The bill is intended to &lsquo;even the balance&rsquo; and is expected to encourage greater long-term security for both Tenants and Landlords. &nbsp;</p><p>As your trusted letting agent, JLL are already taking steps to prepare for this upcoming change and have successfully guided thousands of clients through previous legislative changes, most recently the Tenant Fee Ban (2015). We will work with you, ensuring
    that your needs are met every step of the way.</p><p>Below is the current timeline and summary of key changes that are expected. Further updates and advice will follow in due course as the bill works its way through the parliamentary process.</p>
<div style="text-align:center;"><img src="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1728024103/resi/gb/cms/News/Images/flow_chart.png" /></div><h2>WILL IT AFFECT ALL RENTAL PROPERTIES?</h2><p>The vast majority yes. Most Landlords rent to individuals and receive a rent of under &pound;100,000 a year making their tenancy an Assured Shorthold (AST), so these changes will apply to most Landlords in England. Landlords renting to company Tenants
    or receiving rent exceeding &pound;100,000 a year will continue to be exempt as the bill will not apply to company or contractual (Non AST) tenancies.</p><h2>WHEN WILL THIS TAKE AFFECT?</h2><p>Once the bill passes into law, it will be applied immediately to all new and existing tenancies, moving all tenancies to a rolling periodic structure straight away. It should be noted that existing tenancies with clauses for future rent increases and/or
    break clauses will become entirely void as the legislation will take precedent.</p><h2>HOW LONG CAN MY TENANT(S) STAY IN MY PROPERTY?</h2><p>As above, leases will no longer have a fixed end date and will roll over indefinitely until a valid notice is served by Landlord or a Tenant. Tenants will have a minimum twelve month protected period.</p><h2>WHAT HAPPENS IF I NEED MY PROPERTY BACK?</h2><p>Current Section 21 notices will no longer exist and will be replaced by an existing (evidence based) Section 8 notice framework. Landlords needing to sell or move themselves or their immediate family into a property, can do so under a newly extended notice period of four months servable eight months after the tenancy was first entered. Landlords must be prepared, and able, to provide evidence of their need for possession and will be prohibited from marketing their property for rent for twelve months from the date the notice expires. These requirements are intended to ensure notices that are served are legitimate. How such evidence might be called on or presented remains unclear at this time.</p><h2>BREAK CLAUSES IN GENERAL</h2><p>Tenants will be able to give Landlords two months&rsquo; notice at any point once they have moved in. Whilst not ideal the cost, time, and effort of moving home means few Tenants would have any interest relocating and would be expected to remain much as they do now, moving only when circumstance require change so Landlords should not be too concerned here. &nbsp;</p><p>In addition to the Landlord notice provisions above, a Landlord will be permitted to serve notice only in the event of a Tenant breaching their rental contract. A list of notices covering breaches can be <a href="https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fpublications%2Fguide-to-the-renters-rights-bill%2F82ffc7fb-64b0-4af5-a72e-c24701a5f12a&amp;data=05%7C02%7CMarcus.Dixon%40jll.com%7C91c15ef7a4a14be9c34d08dce44c69d6%7Cbfef2b06d2564f8ebd038d3687987063%7C0%7C0%7C638636264049661022%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=zCUP8fhyGr5jMly5nFUI1a12unfGaq4nqYpL3%2F5hJTo%3D&amp;reserved=0">viewed here.</a></p><h2>RENTAL PAYMENTS AND ARREARS</h2><p>All rent will be payable monthly only. Advance payments will be prohibited. JLLs due diligence and processes ensure 97% of all JLL client rental monies are received within three working days of due date.</p><p>Tenant arrears of three months will enable Landlords to serve notice of four weeks.</p><h2>WHAT ABOUT STUDENTS AND OVERSEAS TENANTS?</h2><p>The same applies. Despite it being widely accepted that the student market is higher risk, there is currently no exemption in the bill presently. Our ombudsman are actively seeking for this to be reviewed further but Landlords are currently advised to
    consider future rent protection insurance policies or guarantors for additional security and peace of mind.</p><h2>ADVERTSING AND INCREASING RENTS</h2><p>When marketing, Landlords will no longer be able to accept a rental offer or bid that exceeds the advertised property price.</p><p>Landlords will be able to propose market rent increases annually using a Section 13 notice, providing two months notice to Tenants. Tenants may challenge the increase via the First-Tier Tribunal Service (FTT), if they feel it exceeds market value.</p><p>The FTT are not able to increase the rent beyond the Landlords proposed amount but may rule a lower amount if deemed appropriate. The increased rent will be payable from the date of the ruling (or any date set by the FTT) and crucially, will not be backdated to the Section 13 expiry date. How long a ruling will take is not clear, but reports suggest it could be up to six months.&nbsp;</p><h2>PETS</h2><p>Landlords can no longer reasonably refuse pets but can require Tenants to acquire appropriate pet insurance.</p><h2>PENALTIES AND FINES</h2><p>Up to &pound;7,000 for first time offences and &pound;40,000 for repeat offences.</p>

Renters Rights Bill Update – October 2024

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<p><strong>New CPI figures show UK inflation held steady at 2.2% in the year to August 2024. Although only marginally
        higher than the Bank of England&rsquo;s target of 2%, the latest figures confirm inflationary pressures are
        persisting. The main culprit of the stubborn inflation is air fares, rising 22% between July and August. This
        was offset by falling prices at petrol pumps however, alongside restaurants and hotels. Oil prices remain low,
        by historical norms. At the time of writing, the average price of Brent Crude is trading at around $73.5 USD per
        barrel, but perhaps much of this can be attributed to excess supply as opposed to falling demand.</strong></p><p>The Bank of England (BoE) held interest rates at 5% at their latest MPC meeting. This was almost a foregone conclusion following Wednesday&rsquo;s news that inflation remains marginally above the 2% target, with some fearing another rate cut would further
    spike inflation. The BoE are now forecasting that inflation could rise to near 3% by year end, fuelled by rising energy prices. <a href="https://www.reuters.com/world/uk/bank-england-hold-bank-rate-this-month-cut-nov-economists-say-2024-09-11/" target="_blank">A recent article by Reuters</a>highlighted that all 65 economists in the September poll predicted the base rate will remain at 5% in September, with 48 of 65 economists predicting the next cut will come in November. The majority
    expect just one more rate cut by year end.</p><p>Meanwhile, GDP growth flatlined in July for the second consecutive month, meaning the UK is no longer the fastest growing economy in the G7. This is not exactly the economic bounce back that Labour were hoping for and puts even more pressure on Rachel
    Reeves in the upcoming Autumn Budget, who is likely to deliver news of tax raises and spending cuts. The Chancellor acknowledged she has a large black hole to fill, but there will be fears that cuts to public spending could result in further lacklustre
    economic growth for the UK.</p><h2>Competition heating up amongst lenders</h2><p>Since the Bank of England announced the first rate cut in four years on 1st August, competition amongst mortgage lenders has been rife.</p><p>Cooling inflation, a change in government and falling mortgage rates have brought about a new sense of enthusiasm from buyers since July 5th. Major lenders have embraced increased demand in the market, with key players continuing to reduce rates to new
    lows. At the time of writing, the current average 2-year fix (75% LTV) across the big six lenders is 4.65% while the average 5-year fix across the big six lenders stands at 4.18%.</p><p>Despite falling mortgage rates, first-time buyers are still having a hard time gaining a foot onto the ladder. A recent report from UK Finance revealed that 22% of loans taken out by first-time buyers in June were for extended terms, with most opting
    for 35 or 40 year loans. This reflects a significant rise from 6% five years ago.</p>
<img src="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1728547433/resi/gb/cms/News/Images/bar_graph.svg" style="text-align:center;" height="450" /><p>The struggle faced by first-time buyers is mirrored by the results of <a href="https://residential.jll.co.uk/insights/research/buyers-and-tenants-survey-2024" target="_blank">our latest JLL Buyers and Tenants survey</a>. This year,
    41% of tenants said that higher mortgage rates were impacting their ability to purchase a home. Meanwhile, 26% of buyers this year decided to delay their home purchase, 61% of whom said this was because they were waiting for rates to fall.</p><h2>Housing market</h2><p>New ONS data on house prices and private rents illustrates a continued strength within the housing market. Private rents increased by 8.4% in the year to August 2024, taking average rents to &pound;1,327 per calendar month in England. Although this represents
    a small decrease from 8.6% in July, rental growth is still proving bullish, particularly in central locations. ONS reported annual rental growth was 9.6% in London, the highest of all regions.</p><p>The story is almost the opposite for house prices. House price growth across London was the lowest of all regions, at -0.4% in the year to July. The ONS recorded average house prices across the UK reached &pound;290,000 in July, up 2.2% annually.</p><p>Halifax are now reporting the largest annual increase in house prices across the UK. According to their latest house price index, average house prices were 4.3% higher in August 2024 than a year prior, rising 0.3% on the previous month. Nationwide have
    reported annual growth of 2.4% in August, while the Rightmove September index is reporting 1.2% annual growth.</p><p>Improved sentiment amongst buyers is having a positive impact on sales activity and house prices. We anticipate this continuing into the autumn as lenders continue to bring competitive rates to the market.</p>
<img src="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1728547583/resi/gb/cms/News/Images/line-graph.svg" style="text-align:center;" height="450" /><h2>Renters Rights Bill</h2><p>Last week, the government introduced the Renters Rights Bill, Labour&rsquo;s version of the previous Renters Reform Bill, first introduced by the Theresa May Conservative government in 2019. A raft of updates to the bill have now been announced, of which
    some of the most significant changes from the perspective of landlords and tenants are detailed below:</p><br /><p><em>Tenants:</em></p><p>There will be an end to fixed-term tenancies, moving to rolling period tenancies. Tenants will have power to end the tenancy, by giving two months&rsquo; notice.</p><p>There will be a single date after Royal Assent and Commencement for the removal of Section 21 evictions, which is not dependent on court reform happening first. This will give tenants immediate security, meaning that the tenancy will only end if the tenant
    leaves by choice, or if the landlord has a valid reason to evict them.</p><br /><p><em>Landlords:</em></p><p>Landlords can end tenancies if they can evidence a valid ground for possession. Landlords will need to give four months notice to move in or sell the property. However, there will be a new protected period for the tenant at the beginning of the tenancy.
    A new ground for possession will allow landlords renting to students in HMO&rsquo;s to seek possession ahead of each new academic year.</p><p>Rent Repayment Orders will be expanded so they are wider in scope and for repeat offenders, with fines increasing in line with inflation. There will be a ban on in-tenancy rental increases written in to contracts, with landlords only allowed one rent
    raise per year, to market rate. In addition, there will be a ban on rental bidding wars with lettings agents, with legal requirement for landlords/agents to be unable to ask or accept any bid above the published rent for the property.</p><br /><p>Neil Short, Area Director &ndash; Residential Lettings, at JLL says &ldquo;As an industry we welcome reforms that will improve living standards within the Private Rented Sector. However, the bill in its current form does raise a few concerns, given Labour&rsquo;s
    large majority it&rsquo;s unlikely that there will be any dramatic changes to the bill. That being said, a lot can happen between now and the Renters Rights Bill gaining Royal Assent. Ensuring that there is a limited negative impact on the supply
    of new private rental homes is of utmost importance. We will keep our clients up to date on how things develop as the bill makes its way through Parliament&rdquo;.</p><h2>JLL Research | September 2024</h2><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. 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><sup>Disclaimer: &copy; 2024 Jones Lang LaSalle IP, Inc. All rights reserved. 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>

Residential Roundup - 20 September

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<p><strong>UK economic outlook improving</strong></p><p>With economic growth across the UK coming in broadly above expectation so far this year, a raft of forecasters have begun upgrading their outlook for growth. Consensus forecasts now expect the UK economy will grow by 1.0% this year (they were at 0.6%
    at the start of 2024). The Bank of America and the British Chamber of Commerce are the latest to upgrade, both now expecting growth of 1.1% in 2024. Before we get too excited, these aren&rsquo;t big numbers and still mean the UK lags many of our mainland
    European neighbours. However, a brighter picture will embolden investors as many of the other key economic and housing market indicators turn positive in H2.&nbsp;</p><p><img src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1725625974/resi/gb/Articles/Images/RR-6-Sept-1.jpg" /></p><p><strong>More favourable rates</strong></p><p>Following the Bank of England&rsquo;s August rate cut and more competitive five-year interbank lending rates (SONIA) emerging we&rsquo;ve seen a flurry of more competitive mortgage rates enter the market.&nbsp; The latest being a five-year fix at sub
    3.8%. While these rates would still make your average 2020 borrower wince, in the &lsquo;new normal&rsquo; a sub 4% rate appears to be sufficient for the wheels of the mortgaged housing market to begin turning more freely again. &nbsp;</p><p>It's still a little early for the latest mortgage approval figures to fully reflect the impact of lower rates and certainly many have had other things on their mind over the summer break. But the July approval figures do appear to be showing the early
    signs of an uptick in activity. The latest figures from the Bank of England showing July approvals rose to 62,000, the highest since September 2022. </p><p><strong>More stock entering the market</strong></p><p>Rightmove reported an uptick in listings this summer, with July recording an 11% annual increase in stock reaching the market for sale. Rate cuts in early August added further to vendors propensity to list, with listings to mid-month in August up 19%
    on the same period a year earlier. </p><p>Prospective buyers are returning to the market. Here at JLL the number of viewings in July and August are up 48% compared with the same period a year ago. Prices are rising too, with Nationwide reporting prices up 2.4% annually in August, having risen
    on an annual basis every month since February.</p><p><strong>Transactions rise</strong></p><p>Transaction data is always a lagging indicator. With lengthy conveyancing delays also meaning the time between a buyer committing to purchase and the sale completing often stretching to more than three months. However, even accounting for these delays
    we are starting to see the number of homes changing hands edge up. The latest government figures showing just shy of 91,000 seasonally adjusted transactions in July, up 7% on July 2023.</p><p><strong>Rents </strong></p><p>The latest new lets figures from Homelet show a disparity between rental growth nationally. London, often the most reactive market, has seen annual rental growth of just above flat this month at 0.1% (albeit up 2.2% on last month). Whereas some regional
    markets are still seeing rents rise by up to 9.4% (East of England).</p><p><strong>Conflicting reports on landlords selling up</strong></p><p>Rightmove data shows an increase in listings of homes for sale which have been previously let on the portal.&nbsp; With 18% of homes currently on the market nationally previously listed to let, up from 8% in 2010 and 14% over the last five years. This
    rises to 29% in London, although it is worth noting that around 30% of households in London rent privately, far higher than in other regions. </p><p>There are a few reasons homes are being listed. Obviously, debt costs for leveraged buy-to-let investors have risen, in addition to the removal of tax breaks on mortgage interest payments. &nbsp;Uncertainty around capital gains and inheritance tax post
    budget alongside the expected return of the 2030 EPC C obligation will also be impacting investors&rsquo; choices. However, this too could be a sign of a stronger sales market, with reluctant landlords who in a more challenging market have looked
    to rent rather than sell simply returning to the market to test the water. &nbsp;</p>
<p><img src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1725625974/resi/gb/Articles/Images/RR-6-Sept-2.jpg" /></p><p><strong>New development</strong></p><p>Delivering more homes was one of the key pledges of the Labour manifesto, with all regions aside from London set to see their housing targets increase (even London&rsquo;s new targets still expected to be more than double recent delivery). For more on what this means at a local level <a href="https://residential.jll.co.uk/insights/research/jll-new-housing-targets-analysis-targets-by-numbers-august-2024">click here.</a></p><p>But the latest starts and completions figures for Q1 demonstrate the scale of the task ahead. The Q1 2024 figures, released at the end of August show there were 22,310 house building starts (seasonally adjusted) in England, a 11% increase compared with the previous quarter, but 41% down on the same quarter of 2023.&nbsp; </p><p>The introduction of new building regulations just over a year ago caused starts to spike in Q2 2023 at almost 67,000. This meant schemes which would under normally (regulatory) circumstances have been delivered later were pulled forward.&nbsp; As a result, falls in more recent quarters could be overstated, but in any case, we&rsquo;ll need to see a reversal of this trend soon to get near the 1.5 million homes target within this parliament. </p><p><strong>In case you missed it&hellip;.</strong></p><p>Our latest Big Six Residential Development Report, <a href="https://residential.jll.co.uk/insights/research/big-six-residential-development-report-summer-2024">Click here to read more.</a></p><p></p>

Residential Roundup – 6 September

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Looking closely at the latest numbers to see what impact the new government and more importantly the August rate cut are having on the market.

<p><strong>Regardless of your age September has a distinct back to school feel. Those of us ditching the beach bag for the briefcase will be looking closely at the latest numbers to see what impact the new government and more importantly the August rate cut are having on the market. Despite the usual summer slowdown making it a bit more difficult to tell, there are signs that the market is waking up.</strong></p>

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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"
[[options]]
label="Developments"
value="developments"

Property Type

type

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

[[options]]
label="New homes"
value="new-home"
[[options]]
label="First time buyer"
value="first-time-buyer"
[[options]]
label="Coming soon"
value="coming-soon"
[[options]]
label="Stamp duty promotion"
value="reduced-stamp-duty"
[[options]]
label="Shared ownership"
value="shared-ownership"

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

<p><strong>PRIVACY NOTICE</strong></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 <a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.</p>

Arrange View

anythingElse

date

email

firstName

generalEnquiry

intlDialCode

lastName

marketingOptin

submit

telephone

time

userAction

videoOption

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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>

Prime Central London Report - Q3 2024

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