Tenants push back on rent increases as supply builds in prime London
Knight Frank's Tom Bill explores the latest movements in the prime London lettings arena, flagging increased rental supply and 'early signs that more landlords are considering a sale' ahead of the General Election.
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.
What to read next
Rental values fall in prime London as supply returns to ‘more normal levels’
But Knight Frank's Tom Bill warns of growing uncertainty in the lettings sector.
By Tom Bill
Lettings supply rises in Prime London as sales market stutters
“We are starting to see a noticeable shift in stock from the sales markets to the lettings market as owners are not able to sell for the asking price,” says Knight Frank.
By Tom Bill
Tom Bill: Lettings supply rises in prime London amid sales market uncertainty
'The story of low supply in the prime London lettings market appears to be coming to an end,' says Knight Frank's research head.
By Tom Bill
Companies in this article
Knight FrankMost read
Finchatton takes on one of Chelsea’s biggest development prizes
Exclusive: Super-prime heavyweight drafted in to steer landmark PCL scheme promising 78 residences with 'world-class' amenities.
Former Knight Frank Private Office partner launches buying agency
Senior figure sets up independent operation focused on high-value acquisitions.
London sales slump to six-year low as price cuts surge
Fresh analysis of LonRes data reveals agreed sales in the first nine months of 2026 were 22% below the five-year average, and 36% below 2021 levels.
By PrimeResi
Super-prime London developer unveils Dubai debut
Valouran teams up with fellow PCL luxury specialist on a high-end townhouse project in the emirate.
Regent’s Park trophy home once asking £32mn reportedly sells for £11.5mn
Historic Nash-designed mansion changes hands for 44% less than its 2013 purchase price, according to Bloomberg.
In Pictures: ‘One of Surrey’s most extraordinary country houses’ hits the market at nearly £14mn
Grade I-listed medieval manor - reunited as a single residence after more than 70 years - comes with a moat, 34 acres and Kelly Hoppen interiors.
New head of sales at Knight Frank Islington
Sophie McCarthy takes the reins after 17 years with the agency.
Luxury London lettings hit record levels as international buyers bide their time
Wealthy residents 'have not turned away' from Prime Central London, says JLL.
Another London agency flags signs of sales market ‘stabilisation’
Chestertons joins other big-name firms in detecting an improvement.
Albion Nord builds senior team as international ambitions grow
Super-prime design studio makes quartet of high-level appointments as it expands its portfolio across the UK and overseas.
LATEST ARTICLES
Lettings veteran launches prime rental search agency
New venture GH Property specialises in sourcing high-end rental homes across the Home Counties.
By PrimeResi
Mixed Signals: The UK residential market in five charts
Tom Bill shares a snapshot of the key forces at work as the Budget looms large.
By Tom Bill
Oona Collins: What does leadership look like in today’s property market?
Six ways property leaders can create clarity, build stronger teams and make better decisions in uncertain times.
By Oona Collins
In Pictures: Echlin x Dyson collab at Ransomes Wharf
London Square’s Battersea scheme showcases British craft with a high-tech twist.
South London housing scheme takes 2026 Stirling Prize
Council-commissioned development of 157 homes in Croydon takes architecture’s top UK honour, beating five shortlisted projects including Renzo Piano’s Paddington Square.
By PrimeResi