The two reasons why house prices are currently out of sync
Buyer demand is being underpinned by the imminent stamp duty rise & mortgage offers that pre-date the Budget, explains Knight Frank's UK resi research boss.
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.
House prices surge even as political volatility rises
A general election rather than a Tory party leadership vote would have an impact on the housing market, writes Knight Frank's Tom Bill - but that feels unlikely this year.
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There is an assumption that when the furlough scheme ends, unemployment will spike and house prices will crash. However, 2021 is likely to be far less straightforward, writes Tom Bill...
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