Tom Bill: Mansion tax plans resurface as Prime London prices slide
Just over 150,000 properties in England & Wales would be affected by a rumoured levy on homes valued above £2mn, reports Knight Frank’s head of UK residential research - with two London boroughs accounting for nearly a third.
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: OBR downgrade talk underlines property tax risks
Inflation met expectations and rates held steady last week, but a potential productivity downgrade could put real estate in the crosshairs come November.
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
A swirl of speculation: Tom Bill cuts through the ‘noise’ of recent tax rumours
'I’d be surprised if there was anything to tax in PCL from the last decade as prices have fallen 20%,' notes Knight Frank's UK resi research chief.
By Tom Bill
Companies in this article
Knight FrankMost read
DDRE unveils ‘next-gen’ advisor platform & big expansion plans
Daniel Daggers' top-end property firm is looking to add 70-100 new advisors by the end of 2026.
UK Sotheby’s International Realty appoints new Ops Director
New recruit 'brings a proven track record in high-value transactions & operational ingenuity,' says super-prime brokerage.
By PrimeResi
Bond-themed triplex at Twenty Grosvenor Square seeks £25k per week
In Pictures: 5,750 sq ft trophy apartment goes up for rent at Four Seasons-branded scheme in Mayfair.
Former CBRE resi chief Collins joins Kingdom
Mark Collins is now a Non-Exec Director at Raihan Jumah & Obaida Al-Ghazawi's property consultancy.
By PrimeResi
Ranked: The world’s top 30 HNWI hotspots in 2025
Fresh Savills research reveals 'a dynamic reshaping' of global wealth migration - 'comparable to the expansion of air travel in the 1960s & 1970s.'
By PrimeResi
Penthouse ‘jewel’ unveiled at Chelsea Waterfront’s Powerhouse
In Pictures: Fiona Barratt-Campbell designs duplex spread atop century-old SW London landmark.
Related Argent bolsters exec leadership team
Developer appoints Parm Nijjar as Executive Director and promotes Oli Rifkind to Chief Development Officer.
Marylebone’s high-end market keeps moving despite pre-Budget uncertainty
Savills reports 'robust' activity across the fashionable PCL neighbourhood, completing a string of super-prime sales & lettings deals.
Italian design platform lands in London with Embassy Gardens penthouse
Artemest collaborated with Dublin-based designer Róisín Lafferty on the high-end project in Nine Elms.
House prices lower than 20 years ago across a quarter of Great Britain – Savills
While nominal prices have jumped by an average of 95% over the past two decades, analysis shows inflation-adjusted gains remain below 9%.
LATEST ARTICLES
Another senior appointment for Strutt & Parker in PCL
Andrew Chambers has followed in the recent footsteps of Claire Reynolds, moving to the BNP Paribas-owned heritage estate agency from UK Sotheby's International Realty.
By PrimeResi
Rightmove set to face ‘£1bn’ legal action over ‘excessive’ fees
'Thousands' of estate agents could be eligible to join the potential collective action, say lawyers.
By PrimeResi
Winkworth eyes ‘delayed autumn bounce’ as buyers & sellers await clarity
Chief Exec Dominic Agace compares pre-Budget uncertainty to a general election, but says activity could pick up in December and January if fiscal measures prove less severe than expected.
Buy a penthouse, get a hypercar: Record-breaking apartments launched at Pagani-branded scheme
Italo-Argentine automaker’s debut resi project is delivering two penthouses in Miami priced at around $30mn - both of which come with a bespoke Utopia Roadster.
Property market ‘likely to remain subdued through the remainder of 2025’ – RICS
Surveyors report a 'notable cooling' in activity as buyers await the Autumn Budget.
By PrimeResi