‘Lower-value markets are holding up better than expected’

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The chaos that followed the mini-Budget affected UK property markets at all price points, says Knight Frank's Tom Bill - and all sectors now seem to be recovering.

Written by

Tom Bill

Head of UK Residential Research at Knight Frank

Tom Bill is Head of UK Residential Research, producing reports that include Knight Frank’s flagship Prime Central London indices, the Super Prime London Insight and the London Residential Review. He has written detailed reports on London sub-markets and contributes to The Wealth Report and Global Cities report. Tom, a former Bloomberg and Reuters property journalist, is a regular media contributor on the London property market and has presented at events in Europe and the Middle East.

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Following cuts to Knight Frank's property price forecasts, the firm's Head of Residential Research Tom Bill provides a sit-rep on prime London markets right now.
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Tom Bill digs deeper into the imbalance between supply and demand that’s been putting upwards pressure on prices...
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In a market so driven by sentiment, a discernible dent in demand might be expected given the current economic and political backdrop - but it hasn’t materialised yet...