Economics
Knight Frank cuts house price forecast; PCL set for -4% drop this year
'A combination of high supply & faltering confidence means we now expect slower UK house price growth this year & in 2026,' says research chief Tom Bill - with prime markets set for sharp declines.
‘A fundamental reshaping of the global wealth landscape’: Europe re-emerges as a prime destination for the super-rich
'What we’re witnessing is more than just a demographic shift,' says Knight Frank, as the firm reveals who is buying what, where, and why...
Grey Whales, Ground Squirrels & the London Walrus: Lucian Cook’s field guide to PCL’s changing environment
A changing tax landscape has opened up a buying opportunity in central London, writes Lucian Cook of Savills – and with it, a shift in HNW buyer profiles.
Tom Bill: Property & bond markets face pre-Budget turbulence
Average prices in PCL are showing their widest annual decline in over four years as mounting uncertainty weighs on sentiment, reports Knight Frank's head of UK resi research.
Rumourmill Roundup: 7 big tax changes that could hit the property market this Autumn
A flurry of Treasury leaks & speculation surfaced over the summer holidays, including proposals to end Stamp Duty, extend CGT & IHT, and to introduce a new annual property tax.
Tom Bill: Property tax ‘trial balloons’ add to financial market jitters
Buyers, sellers and the bond market are digesting the recent property tax speculation as government borrowing costs head in the wrong direction, reports Knight Frank's UK resi research boss.
‘Bigger, better, costlier, and far more luxurious than we could possibly have imagined’: Camilla Dell on the transformation of Prime Central London
The boss of buying agency Black Brick looks back at where we were in the year 2000, where we are now, and where PCL's property market is going next...
Rightmove: How would a new national property tax or mansion tax affect the market?
Property portal 'asks the government to carefully consider the impact of any changes to property taxation to avoid unintended consequences.'
Rumourmill: Treasury considers Mansion Tax with CGT on high-value homes
The Chancellor is reportedly looking into charging Capital Gains Tax on top-end homes, and/or the prospect of an annual levy on the most expensive properties.
HNWIs ‘would be prepared to pay a premium for staying in the UK’
'It's absolutely true that those with the broadest shoulders should bear the greatest burden,' says lobbyist Leslie McLeod-Miller of Foreign Investors for Britain.
Non-dom flight ‘in-line with, or even below’ OBR forecasts
HMRC data suggest the official prediction of how many non-doms would leave the UK when the tax break was scrapped is on the money.
Treasury eyes Autumn IHT & CGT hikes
Reports suggest the government 'is trying to work out how it can tap into the vast wave of wealth that will be transferred from baby boomers when they die.'