JLL Joins the Northern Housing Consortium

We are delighted to have joined the NHC having heard so many positive views relating to the platform and forum it provides our northern Registered Providers, Housing Associations and Local Authorities.

JLL have worked in the social housing sector for over 25 years, keeping pace with massive financial, political and social change. What has been most apparently clear over this time is the importance of sharing knowledge and the real benefit a collaborative approach can bring to those operating within the sector, certainly when trying to navigate the many challenges presented along the way. With this in mind, we are keen to engage across the various channels that NHC offers.

The last few years have brought unprecedented change which has had a profound impact on our businesses – Brexit, the pandemic, fire safety, the acceleration towards decarbonisation, real challenges around the quality of some homes and customer service, and the return of inflation. As if all that wasn’t enough, the continual political drive to push home ownership without any real workable solutions presented to address the stock replacement conundrum, only adds to the list. Cynical views aside, only time will tell how this latest government initiative plays out.

All this puts pressure on how providers are financed to meet these challenges, and therefore on assets – not only value, but also long-term cost and the need for active asset management.  For RPs of all types and sizes, how well they understand their assets, and how they decide to use them to best effect to meet the needs of residents and fulfil their social purpose in a way that is truly sustainable, will be pivotal to their success.

Here at JLL we advise RPs of all types, funders, investors and developers, to help our clients optimise the value of social housing and commercial assets for lasting, social purpose.  We provide a national service offering supported by regional networks, with a specific Affordable Housing northern presence in Leeds, Newcastle and Manchester. Our services include valuation, asset management, portfolio transactions, development consultancy, building surveying and project management. As a result of some of the insights we are afforded, we hope to add some value to your ongoing discussions, providing support where we can but also learning from those directly involved in the sector as it continues to evolve.

We look forward to meeting many of you over the coming months, but in the meantime if any members would like to direct any questions to us, please do not hesitate to get in touch. On a separate note, any suggestions for any roundtable topics or CPD items we can lead on, please do let us know.  We are very much hoping we can provide a different perspective, or at very least another voice to the discussion.

Richard Houghton	Marc Burns	Richard Petty
Head of Affordable Housing Loan Security Valuation North	Co-Head of Affordable Housing Loan	Head of UK Living – Valuation Advisory
+44 (0)7764 327018	+44 (0)7792 309183	+44 (0)7767 413631
richard.houghton@eu.jll.com	marc.burns@eu.jll.com	richard.petty@eu.jll.com