Tom Bill: Rate guessing game made harder by UK and US elections

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Buyers also frustrated at frequency of mortgage rate fluctuations, reports Knight Frank's head of UK resi research.

Written by

Tom Bill

Head of UK Residential Research at Knight Frank

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.

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Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher rates will reduce as the year progresses, writes Knight Frank's…
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Lenders are tinkering with mortgage rates as a contradictory set of events unfold but higher rates are here to stay, says Knight Frank's head of resi research.
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Knight Frank's research chief explains why the property firm has revised its PCL price forecasts down.