The full impact of the Budget is unlikely to be seen even by late 2025 - Knight Frank
Agency's UK resi research boss explains why next year is proving such a tough one to call.

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.
Knight Frank trims house price forecasts for 2025
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Tom Bill on what Hunt’s Budget means for the UK housing market
The economic backdrop has improved, but things could turn more political this year, says Knight Frank's UK resi research boss...
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Why the end of the furlough scheme is likely to have a limited impact on the UK property market
A closer look at the government’s own furlough data suggests there is unlikely to be meaningful downwards pressure on sales volumes or prices when the support scheme comes to an end in the autumn, says Tom…
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