JLL Residential Research

Feb 17, 2016

‘JLL Residential has issued this month their latest research, Rising to the Challenge. The key messages from this report for Scotland are –

  • Insufficient homes are being built, the latest figures suggest development volumes are plateauing at best – in the year to Q2 2015, a total of 15,260 homes were completed, 11,550 of which were private. Both these totals were marginally below the figures from a year earlier.
  • The Government has pumped £500m of support into Scottish housebuilding (all tenures) but the latest housebuilding totals are below the 5 year average to 2007/8 of 21,170 homes a year. The Government’s current recommended target of 23,000 a year and the previous target of 36,000 homes a year.
  • The Scottish economy looks set for a steady but unspectacular expansion in the medium term (2% pa GDP growth 2015-2020).
  • The Edinburgh economy is set to outgrow the rest of the country (2.4% up to 2020) and Glasgow to increase by 2.2% in the same period. During this time Scottish employment is forecast to increase by 0.7% (18,000 period).
  • Between now and 2020, the number of households in Scotland is forecast to rise by circa. 74,000  - almost 15,000 extra households per year.

The Commission on Housing and Wellbeing recommend that 23,000 homes a year are built until 2020 across Scotland. This takes account of demolitions and backlog from recent years. Presently on average 15,000 new homes are being completed per year.’ 

Click on this link to view PDF


The latest in land & planning news...

As the largest user of the planning system in the UK, we constantly keep up-to-date on relevant news, making us the experts to offer some of the most current and interesting information.

Take a look at The Source 

To receive The Source; offering regular bulletins and providing access to and updates on industry-relevant appeal decisions, planning policy and market information simply click on the link below...


transparent gif
land requirement