sustainability

Sustainability

JLL&rsquo;s latest Living Priorities Survey.What we want from our homes is constantly evolving. Both the pandemic and rising energy costs means households are again re-evaluating their priorities. To better understand what buyers want in today&rsquo;s market, and how this might change in the future, we contacted potential buyers registered with JLL to hear their thoughts. Electric cars &ndash; a lesson for the housing market? Within a short space of time, we have seen a rapid shift in motorists&rsquo; willingness to adopt electric vehicles in a bid to lower their environmental impact. Could we see this positive approach to environmental sustainability feed through into our homes? <img alt="" src="https://cms-resi.eu.jll.com/images/default-source/agency/graphical-image-1-insights.png?Status=Master&amp;sfvrsn=47d153a5_1" sf-size="100" />New JLL research from our latest Living Priorities survey, explores the change in the proportion of people who expect to be driving an electric or hybrid vehicle in the future. At present, just 8% of respondents drive an electric or hybrid car, versus 43% petrol or diesel. However, when asked about their next vehicle the survey results show a greater appetite for electric vehicles, with almost 70% expecting to drive an electric or hybrid car in the future, versus just 9% for petrol or diesel.What&rsquo;s driving the push towards more energy efficiency homes?For most, our homes will be the largest investment we make in our lives. Our survey has found that a larger number of people are now placing even more importance on the environmental impact of their home. Undeniably, reducing the running costs of a home is the key motivator for most, however many people are also increasingly aware that there is a desire to become more socially responsible. Almost two thirds of our respondents said that achieving a lower carbon footprint was important to them.<img alt="" src="https://cms-resi.eu.jll.com/images/default-source/agency/grpahical-image-2-insights.png?Status=Master&amp;sfvrsn=36e05bc6_1" sf-size="100" />70% of respondents viewed the energy efficiency and running costs of their home as more important now versus pre-pandemic. Back in April, we explored <a href="https://residential.jll.co.uk/insights/news/jll-could-new-home-demand-rise-as-energy-prices-soar"><a href="https://residential.jll.co.uk/insights/news/jll-could-new-home-demand-rise-as-energy-prices-soar">what the rising energy costs meant for UK homes</a></a>. JLL research found that the lifting of the energy price cap could result in the average band G home experiencing an increase in bills of over &pound;1,700 per annum, an extra &pound;3,246 more per annum than the average home in bands A-C. It is therefore unsurprising perhaps, that 82% of respondents voted a &lsquo;saving on energy bills&rsquo; as the reason why the environmental sustainability of their home is important to them.Are purchasers willing to pay more?Over half of respondents (57%) would be prepared to pay a premium for a more environmentally friendly home. Of those who said &lsquo;yes&rsquo;, half would pay just up to 5%. In total, 83% of those who would pay a premium, would be prepared to pay up to 10% more for an environmentally friendly home.&nbsp;<img alt="" src="https://cms-resi.eu.jll.com/images/default-source/agency/grpahical-image-3-insights.png?Status=Master&amp;sfvrsn=fc72dafe_1" sf-size="100" />So, what does this mean for our homes in the future, particularly the new homes sector?Rising energy costs have undoubtedly pushed energy efficiency up the list of importance for homeowners. But whether they are driven purely by costs, social responsibility or likely a combination of both, what is clear is that buyers will be taking energy consumption into consideration more, when looking for homes in the future. 80% of our respondents said that the environmental impact of their home will be either crucial or important in their next move, with the number of people willing to purchase a new home, if it meant improved environmental efficiency, rising from 51% from their last move, to 78% going forward. With purchasers becoming more environmentally aware and the potential for more sustainable homes to command a premium, the new homes market should be well placed to benefit.&nbsp; Analysis of EPC ratings for UK homes shows 83% of new build properties boast an EPC rating of A or B, versus just 3% for existing stock.The JLL Living Priority Survey 2022 was conducted in May 2022 with a total of 104 respondents. Disclaimer: &copy; 2022 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.

Are buyers waking up to the benefits of a more environmentally friendly home?

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A first glance at JLL&rsquo;s latest Living Priorities Survey

A first glance at JLL’s latest Living Priorities Survey

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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?Director of UK Residential Research at JLL, Marcus Dixon, explains: &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;&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;Rising energy costs push buyers towards more efficient homesInflation 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. 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. JLL Research have looked at average household energy bills for homes with EPC ratings from the most efficient (A) to the least (G).&nbsp;Implications of the lifting of the price cap by EPC band<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" />Source: JLL Research/ ONSOn 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. 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. Lessons from the motor industry?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%. 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.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. 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;About JLL | March 2022JLL 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. 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. Disclaimer: &copy; 2022 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.

What rising energy costs mean for UK homes

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What rising energy costs mean for UK homes

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

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&ldquo;You cannot get through a single day without having an impact on the world around you. What you do makes a difference, and you have to decide what kind of difference you want to make.&rdquo; ― Jane Goodall, Primatologist
Our blue planet is at a turning point like never before. Climate change, global warming and resource depletion puts not just our health and wellbeing at risk, but also our future survival. COVID-19 has offered many of us the opportunity to reflect on the world that we want to see in the future, and a world that we can help create. From better use of resources and reduction in plastic consumption and waste to a more balanced way of life that allows us to get outdoors where biodiversity can flourish, there has never been a better time to work towards a healthier and more sustainable life.
Living more sustainably offers us a way to help make a positive difference for both ourselves and the planet. From the places we shop and businesses we support to the food we eat and the places we travel our cumulative individual impact <a href="https://www.jll.co.uk/en/views/do-you-have-a-passion-to-make-the-world-a-better-place ">can make a difference.</a>&nbsp;
Deciding where to start when it comes to incorporating more sustainable behaviours into our daily lives can feel daunting. Especially considering how much information is available. To help you live more sustainably, we&rsquo;ve outlined 10 ideas below. 
 
<img src="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1600773758/resi/gb/cms/Research/Images/bicycle%20London.jpg" data-displaymode="thumbnail" alt="bicycle" title="bicycle" style="vertical-align: middle;" />

<h2>1) Change your energy provider</h2>
Probably one of the most well-known ways to reduce your impact is by changing your energy tariff to ensure you&rsquo;re using a renewable energy provider. With working from home, there has never been a more important time to ensure that you're using renewable energy to power your activities reducing your electric impact to zero.
<h2>2) Home improvements</h2>
Not all sustainable improvements cost an arm and a leg, simply switching to LED lightbulbs at home can reduce the energy required for lighting by up to 75%. If you&rsquo;re looking to go one step further, insulating is an essential to prevent heat loss and reduce your bills in the process.
<h2>3) Buy big</h2>
From toilet rolls to toiletries, increase the size of what you buy means bigger volumes, but less plastic compared to buying 2 smaller versions of the same product. Companies like WhoGivesACrap who deliver plastic free bulk toilet roll to your front door also saves you the hassle of having to lug the box around and enables you to reorder direct to your door when your running low as well.
<h2>4) Upgrade your office cutlery</h2>
How many disposable forks or cups have you picked up when in the office or grabbing lunch on the go? Now is the perfect time to invest in a permanent set you can keep at your desk or your locker for when you&rsquo;re on the lunch rush. Even better, opt for a set you can keep in your bag so that you&rsquo;ll never have to pick up on the go cutlery again.
<h2>5) Loose tea and no plastic coffee </h2>
Did you know the majority of tea bags have plastics in? Or that most coffee comes in plastic. 
As a nation of tea lovers and fast living, tea bags and disposable coffee cups are an everyday occurrence but with teabags often being made of plastic infused fibres and coffee cups also having a plastic lining our daily drinks are a pollution problem. When it comes to coffee, just be sure to have a reusable cup with you to avoid more waste. For tea, well why not find a tea brand that doesn&rsquo;t use plastic, there are a few, or opt for loose leaves. After all, with an average of 4 cups of tea per day, you could save 1,460 plastic tea bags from entering the waste system and potentially our water ways.&nbsp;
<h2>6) Shake up your holiday </h2>
Heading to Europe, why not go by train? As well as cutting your emissions by around two thirds compared to travelling by air, going by train also provides the opportunity to make the journey a positive part of the experience. With an increasing number of European countries offering overnight services travelling by train has never been so easy and with free luggage, it can even be cheaper! 
 
<img src="https://res.cloudinary.com/jll-global-olm-np/image/upload/v1600773787/resi/gb/cms/Research/Images/Shoreditch%20London.jpg" alt="_dsc9116" title="_dsc9116" style="vertical-align: middle;" /> 
<h2>7) Check your clothing labels</h2>
Over half of all clothes now produced are made from plastic fibres. Checking the label before buying is an easy way to try and ensure you cut down, opting for natural fibres such as cotton, wool, coconut, silk and bamboo instead of polyester, acrylic or nylon. For things like sports kit where plastic is often the main material, why not purchase a guppy bag which will catch the microfibres being shed by your clothes in the wash.&nbsp; With clothes shedding around 700,000 microfibres per wash, helping to stop these from entering waterways is so important.
<h2>8) Leave your phone behind</h2>
With cloud storage soon to overtake aviation as a greenhouse gas emitter, leaving your phone (especially your work phone) at home has never been more important when we&rsquo;re travelling. If you can&rsquo;t resist the urge, be mindful to switch off apps, automatic cloud uploads and photo storing to reduce your impact. One last note is to be very careful not to geotag your locations when abroad, especially if wildlife is involved. There have been cases&nbsp;of poachers finding endangered species from tourist locations. 
<h2>9) Invest in companies you believe in</h2>
Although our own actions are important, the only way we can collectively make real change is by supporting businesses that are doing the right thing. Where we save, store and spend are money all matter. So be sure to opt into sustainable pension funds, encouraging your company to offer this as standard, if possible switch to banks which are no longer investing heavily into fossil fuel production and spend your money with companies you genuinely believe in because it is the top 100 polluting companies who account for 71% of global emissions that we need to trigger change within.
<h2>10) Influence your place of work to do better</h2>
Finally, if you don&rsquo;t think your workplace is doing enough to tackle the climate crisis, tell them. As employees, we are all accountable to make our businesses better.
At JLL, together with our partners, we aim to drive disruptive and impactful change by embedding sustainability into everything we do. By helping you take a responsible and sustainable approach that contributes to a better world, we are working to shape the future of real estate.
&nbsp;
<button id="btn-1" class="Button primary">Download JLL&rsquo;s Sustainability Report (2019)</button>
 
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Erin Williams &ndash; Consultant Upstream Sustainability Services

Living sustainably in 2020

COVID-9 has offered many of us the opportunity to reflect on the world that we want to see in the future, and a world that we can help create.

Climate change, global warming and resource depletion means there has never been a better time to work towards a healthier and more sustainable life.

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 <a href="https://residential.jll.co.uk/services/development-consultancy">Development Consultancy</a>
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 1843 new homes
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 Fulham, London
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<h2>Our ambition</h2>
At JLL we are increasingly being asked to advise on sustainability requirements through design. Whilst many requirements must comply with legislation, it is important that we understand purchasing decisions for investors and owner occupiers, as future
proofing new homes is key to helping achieve our global sustainability goals. We were tasked with providing consultancy advice to St William throughout the design process before establishing a sales and marketing strategy to launch phase one to the
UK, followed by the international market.
A 15.6-acre Gasworks site in Fulham is one of St William&rsquo;s flagship schemes, known as King&rsquo;s Road Park. Following an extensive design process, a planning application was submitted in 2018 with a decision to approve in early 2019, providing
consent for 1,843 new homes, over 100,000 sq ft of commercial space and 6 acres of landscaping including a public park, central square and residents&rsquo; gardens.
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&ldquo;King&rsquo;s Road Park is designed for the long-term with green, usable spaces and sustainability at its heart. 
Charlie Fleming, Head of Sales and Marketing, St William, Fulham
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&nbsp;
<h2>How we achieved it</h2>
With UK households accounting for 30% of UK energy
use and around a quarter of greenhouse gas emissions every year, it was
important to St William to ensure the design of King&rsquo;s Road Park is energy
efficient and low carbon.
However, a sustainable development is more than
being energy efficient and St William takes holistic approach to supporting the
all-round health and wellbeing of future residents of King&rsquo;s Road Park.
Significant thought has gone into the residents&rsquo; amenities, and their design
and layout, which was developed with the support of EPR Architects - known for
its work at The Ned and The Rosewood. Well-designed, useable spaces to live,
work and play are of huge importance to purchasers and the generous facilities
at King&rsquo;s Road Park have been carefully designed to enhance the quality of life
of future residents.
We provided consultancy advice to St William
throughout the design process before establishing a sales and marketing
strategy to launch phase one to the UK, followed by the international market in
August 2019.
<h2>The results</h2>
The world-class facilities include a 24 hour concierge, 25m swimming pool, spa facilities, treatment rooms, virtual golf simulator, private meeting and dining rooms, comprehensive gym with two fitness studios, games room, two cinemas and a residents&rsquo;
lounge with a dedicated Wi-Fi enabled workspace, centred around an atrium courtyard garden to bring both light and greenery into the space. The first phase also benefits from an exclusive first floor podium garden, celebrating the traditional
garden heritage of the local area.
Creating a welcoming and sustainable neighbourhood, both for residents living within the new homes and the wider Fulham community, is central to St William&rsquo;s vision. The walls around this long closed off site are coming down and much of the
land is becoming landscaped green space including an expansive open public park with a mix of natural habitats and native plants. A network of green roofs across the buildings will support even greater biodiversity. Rainwater will be harvested
and grey water recycled for re-use in the irrigation of landscaped areas. Photovoltaic panels will provide renewable energy and every space in the car park will have an electric vehicle charging point to support the shift towards more sustainable
transport choices and improve local air quality.
There will be approx. 3,500 spaces for bicycles and cycle routes through the development increasing connectivity of surrounding areas. St William will also be planting a wildflower meadow and introducing beehives as part of their strategy to enhance
nature and support local wildlife.
&nbsp;
<a href="https://residential.jll.co.uk/services/development-consultancy" style="font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;"><button class="Button primary">Our Development Consultancy services</button></a>

How we help our clients lead the way in sustainable residential developments

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A look at how St William&rsquo;s King&rsquo;s Road Park residential development in London&rsquo;s Fulham area is contributing to a sustainable neighbourhood and keeping residents&rsquo; health and wellbeing at the heart of the design.

A look at how St William’s King’s Road Park residential development in London’s Fulham area is contributing to a sustainable neighbourhood

A look at how St William&rsquo;s King&rsquo;s Road Park residential development in London&rsquo;s Fulham area is contributing to a sustainable neighbourhood and keeping residents&rsquo; health and wellbeing at the heart of the design.

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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

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PRIVACY NOTICE
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.
Generally the personal information we collect from you are for the purposes of dealing with your enquiry.
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>.

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