Liam Bailey: Eight key themes from The Wealth Report 2025
The Editor of Knight Frank's flagship research publication, Liam Bailey, summarises some of the big trends & ideas featured in this year's Wealth Report - from American domination and shifts in global buying power, to rising demand for real estate and a pause on luxury investment.
Liam is Global Head of Knight Frank's Research Department. He leads and co-ordinates projects in the UK and internationally for clients including; developers, investors and funders. Liam has worked on projects offering support for property strategies in local, regional, national and international contexts. Over the past decade Liam has led the development of Knight Frank’s wealth research stream – culminating in the annual Wealth Report publication.
‘No realistic challenge’ to American wealth dominance as global HNW headcount rises 4.4%
The rich continue to get richer - but the UK is now home to just 2.4% of the world's high net worth individuals, according to Knight Frank's flagship annual research publication, The Wealth Report.
By PrimeResi
What $1mn buys where: How prime residential buying power has shifted in the last decade
Knight Frank flags a remarkable shift in London's fortunes on the global luxury property stage.
By PrimeResi
From Downtown Dubai to the Garden of England: The world’s hottest luxury property markets in 2025
Knight Frank’s global teams highlight ten prime resi locations set to outperform this year - including two British surprises.
By PrimeResi
Companies in this article
Knight FrankMost read
Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
By PrimeResi
Deal sealed on £35mn Scottish Borders estate
One of the biggest country sales of the year completed last week.
Fatemi & O’Brien named among Sotheby’s top global property brokers
PCL duo achieve top-tier status across brand's 26,100-strong worldwide real estate network.
Strutts continues high-level hiring spree in PCL
Toby Downes has returned to the 140-year-old property agency after holding senior positions with Savills, Redbook & Haringtons.
By PrimeResi
‘Fortune favours the brave’: Inside the Chelsea sale that defied the market
Jamie Hope reveals how a bold pricing strategy on Glebe Place sparked a bidding frenzy and delivered 20% over asking - amid some of the toughest conditions in recent memory.
By Jamie Hope
Luxury developer readying £110mn Belgrave Square ‘giga-mansion’ for market – report
The former HQ of the Royal College of Psychiatrists is being reworked into one of London's grandest private homes, measuring around 22,000 sq ft.
£24mn Notting Hill mansion changes hands in ‘landmark’ deal
Stucco-fronted Grade II-listed Allom masterpiece sells after more than 20 years in the same ownership.
Budget 2025: OBR leak confirms ‘mansion tax’ on £2mn+ homes from April 2028
Office for Budget Responsibility report published early 'in error' - including details of a new Council Tax surcharge on high-value homes.
By PrimeResi
Social Circuit: John Caudwell’s festive drinks reception at Mayfair House
Billionaire entrepreneur, developer & philanthropist hosts a seasonal gathering of political, charity & media figures at his Grade II listed private palace.
Mansion tax modelling flags £13,700 bills for second homes
Hamptons analysis finds over 3,300 £2mn+ second homes exposed to dual surcharges as revaluation looms.
LATEST ARTICLES
Budget 2025: Chancellor confirms a ‘mansion tax’ & higher rates on property income
High-value homes will face significantly higher Council Tax bills, while landlords will pay a larger share of their property income to HMRC.
By PrimeResi
Talking Heads: Prime property industry reactions to the Budget 2025
A new Council Tax surcharge for high-value homes is 'probably the least worst outcome for owners of prime property', comments Savills, but market-watchers are less sanguine about changes to landlords'…
By PrimeResi
Budget 2025: OBR leak confirms ‘mansion tax’ on £2mn+ homes from April 2028
Office for Budget Responsibility report published early 'in error' - including details of a new Council Tax surcharge on high-value homes.
By PrimeResi
Abrahmsohn on the Budget that spooked a market for no reason
Veteran agency boss skewers Westminster’s 'Keystone Cops' moment, says months of leaks caused far more harm than the measures themselves, and predicts an avalanche of exchanges before Christmas.
International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.