Tom Bill: What does the Budget mean for the UK residential property market?
Knight Frank's head of UK resi research summarises the key takeaways from Rachel Reeves' big speech & looks at the likely impacts on the real estate sector.
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: ‘Burnham bounce’ struggles to lift property market
Labour's revival in the polls has changed the political mood, but buyers remain cautious as rising borrowing costs and fears of further tax changes mean the housing market has been treading water, explains…
By Tom Bill
Analysis: Tom Bill on what a Labour victory means for the UK property market
Watch what the government says over the summer and what it does in its first Budget later this year, advises Knight Frank's UK resi research chief.
By Tom Bill
Tom Bill on what Hunt’s Budget means for the UK housing market
The economic backdrop has improved, but things could turn more political this year, says Knight Frank's UK resi research boss...
By Tom Bill
Companies in this article
Knight FrankMost read
Super-prime broker Fatemi reports £700mn deal run
£100mn-plus sale among standout transactions as UK Sotheby's exec flags changing UHNW property tastes.
Industry Panel: How 15 prime resi leaders would redesign England’s property tax system
Exclusive PrimeResi survey finds most respondents favour shifting the tax burden away from transactions and towards property ownership - but opinion is split over abolishing SDLT altogether.
By PrimeResi
UK Sotheby’s adds new directors covering PCL & West London
Luxury brokerage extends recruitment drive across prime postcodes with brace of sales appointments.
‘Buyers today have more choice than ever before’: Savills global resi chief on the battle for international wealth
Interview: Victoria Garrett discusses London’s place on the world stage, Dubai’s next phase, the impact of tax & geopolitics, and how developers are catering to an increasingly discerning clientele.
How super-prime apartments played a key role in London’s £1bn Peninsula
HSH’s accounts reveal just how important the luxury resi element became to the landmark Hyde Park Corner project.
New homes specialist returns to Savills
Resi development sales consultant rejoins after three years with other agencies.
By PrimeResi
London’s property bubble has well and truly deflated, says UBS
UK capital sinks into low-risk territory a decade after topping global property danger list.
In Pictures: Inside Christian Bense’s new Park Hyatt show homes
South African designer kicks off series of interiors collaborations at new high-rise addition to London’s luxury branded resi scene.
Historic Yorkshire estate hits open market at £25k per month
Agency says it’s one of the first times a country estate of this calibre has been marketed in this way.
Investor snaps up nine Notting Hill flats in £11mn bulk deal
Agents flag renewed appetite for bulk resi acquisitions from overseas investors as prime London rents climb.
By PrimeResi
LATEST ARTICLES
Alexander Main brings in senior hire for big lettings push
Former Domus Nova & Foxtons operator joins line-up to lead ambitious two-year-old agency’s new division.
Where did the Knightsbridge buyer go? James Moran on PCL’s shifting geography
Middleton Advisors' London sales boss explores the changing fortunes of one of the capital’s most famous enclaves - and where today’s moneyed purchasers have been turning their attention.
By James Moran
‘Rural landlords are faced with a double whammy’: Research flags huge EPC upgrade premium for country homes
Countryside properties cost substantially more to bring up to EPC C than urban homes, according to an analysis of more than three million certificates.
By PrimeResi
New chapter for historic West End publishing HQ
Resi developer used the Bloomsbury building's former occupants as 'a distinctive starting point for the project.'
Property finance advisor reports 80% transaction jump
Three-year-old firm arranged £254mn of new lending in H1.
By PrimeResi