Tom Bill: Financial markets take breather, rates edge lower - but outlook stays unsettled
The tariff turbulence has calmed for now but any downwards pressure on mortgage rates is not guaranteed to last, writes 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.
Tom Bill: Mortgage rates drop but uncertainty grows around Bank’s next move
The recent MPC vote highlighted how unpredictable its future decisions may be, explains Knight Frank's head of UK resi research.
By Tom Bill
Tom Bill: Sellers move quicker than buyers this autumn as rates drop
Although more sub-4% mortgages are appearing, uncertainty ahead of the Budget means some buyers are hesitant, writes Knight Frank's head of UK resi research.
By Tom Bill
Tom Bill: Nerves & mortgage rates rise ahead of inflation data & Bank decision
Rates are increasing as financial markets price in a period of more stubborn inflation, says Knight Frank's head of resi research.
By Tom Bill
Companies in this article
Knight FrankMost read
Knight Frank creates new UK board
Property agency assembles top-level team to drive long-term growth & strengthen operations.
In Pictures: £13.5mn RH collaboration unveiled at The Whiteley
American super-brand curates 4,000 sq ft duplex at luxury west London scheme in UK first.
Almacantar reports ‘landmark’ sale at The Bryanston
Buyers have splashed almost £55mn on apartments at the developer's super-prime West End projects in recent months.
London Square adds big Wimbledon site to expanding portfolio
Latest SW London deal marks the developer’s fifteenth acquisition since late 2023, and third major move this year.
Agency bags trio of trophy listings in St George’s Hill
Savills Weybridge's new instructions include one of only a handful of original W.G. Tarrant houses on the exclusive private estate.
Big-brand luxury property agency rolls into the Cotswolds
The region's property market makes for 'fertile ground' as the wealth corridor expands, says United Kingdom Sotheby’s International Realty.
Grade I listed Kent mansion hits the market at £23.5mn
The sale of Holwood House represents the 'first real test of the spring market', say agents.
In Pictures: Newly built ‘masterpiece’ mansion in Montenegro seeks €8mn
Becky Fatemi of Sotheby's International Realty pitches a 'Venetian-inspired masterpiece', developed by a British father & son in 'Europe’s best-kept secret'.
By PrimeResi
CBRE’s long-standing UK chief to step down
The search is on for Ciaran Bird's successor at the Fortune 500 company.
By PrimeResi
Designed to Sell: Five home staging principles for attracting today’s luxury buyers
Top designer Ed O’Donnell reveals how art, furniture & colour can shape how a property is perceived, drawing on recent projects at The OWO, Centre Point, Lancer Square & River Park Tower.
By Ed O’Donnell
LATEST ARTICLES
‘The centre of gravity has shifted’: Ranking Europe’s top-performing luxury property markets through the last decade
Key trends revealed in long-term analysis of Knight Frank's Prime International Residential Index.
John D Wood & Co. recruits Knight Frank’s Kilgarriff to lead Central London Lettings
A senior KF operator has moved to a key role in Polly Ogden Duffy's team at JDW.
By PrimeResi
In Pictures: ‘One of Ireland’s finest contemporary country houses’ seeks €8mn
Agents instructed on 111-acre estate with spectacular centrepiece & 'unrivalled waterside appeal'.
Scottish politicians float ‘mansion tax’ on £1mn+ homes
A reported amendment to the Scotland's new Housing Bill could mean a 'mansion tax on the biggest & most luxurious houses' as well as higher taxes on overseas buyers.
By PrimeResi
Renting & buying costs have ‘equalised’, claims estate agency
After surging upward for most of the last three years, the pace of rental growth has been running below wider consumer price inflation for the last five months.
By PrimeResi