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.
What to read next
Tom Bill: Middle East conflict clouds rate outlook and Budget plans
Energy price shocks are lifting swap rates, complicating the outlook for rate cuts and potentially squeezing the Chancellor’s headroom, explains Knight Frank's UK resi research boss.
By Tom Bill
Tom Bill: Property & bond markets face pre-Budget turbulence
Average prices in PCL are showing their widest annual decline in over four years as mounting uncertainty weighs on sentiment, reports Knight Frank's head of UK resi research.
By Tom Bill
Tom Bill: Property tax ‘trial balloons’ add to financial market jitters
Buyers, sellers and the bond market are digesting the recent property tax speculation as government borrowing costs head in the wrong direction, reports Knight Frank's UK resi research boss.
By Tom Bill
Companies in this article
Knight FrankMost read
Luxury brokerage declares £1.3bn in H1 sales
Overseas buyers accounted for 52% of the UK agency's deals, while new instructions topped £2.3bn.
Knight Frank brings in ex-CBRE director for new board-level role
Agency appoints Mike Knowles as Head of Lettings Business Development as part of wider lettings restructure.
Cluttons appoints top market analyst to lead resi business
Well-known research chief and former journalist steps up to lead major agency's residential division.
Art Deco gem in Notting Hill sells in off-market deal
'Landmark' £16mn residence was once owned by legendary soul singer Dusty Springfield.
Financial Times: Is Rightmove taking us for a ride?
Influential journalist Jonathan Guthrie investigates the property portal's dominance, fees & standing in the industry.
By PrimeResi
UK Sotheby’s launches US buyer advisory
Veteran broker Jim Bell joins the Mayfair-based firm to help wealthy Americans navigate the UK's prime resi market.
In Pictures: Grosvenor Square emerges from £25mn redesign
Mayfair's historic public gardens to re-open after a significant revamp.
By PrimeResi
Lucian Cook: Tax speculation returns but all of the complexities remain
Despite much chatter, 'the matter of whether [Andy Burnham] would pursue a substantial overhaul of property taxation remains one of conjecture,' counsels the Savills research chief.
By Lucian Cook
Major agency reports ‘more uneven’ trading as uncertainty weighs on confidence
Winkworth says H1 sales remained resilient while lettings were largely unaffected by the Renters' Rights Act.
By PrimeResi
Rare St George’s Hill plot goes for record sum
Agents seal off-market deal for unconsented site after three-year pursuit.
LATEST ARTICLES
‘Streamlined’ draft London Plan targets housebuilding & climate resilience
35% affordable homes fast-track threshold returns for over a third of boroughs.
By PrimeResi
RIBA Stirling Prize 2026: The shortlist in pictures
A 'restrained' family home near London has made the coveted architecture award shortlist, alongside striking infrastructure, housing and education projects.
By PrimeResi
Damac launches final phase of ‘world’s first football-branded residences’
Chelsea FC-branded towers in Dubai feature a rooftop football pitch and a blue-sand beach.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Maybourne picks marketing agency for branded resi drive
London-based firm lands hotelier's global brief.