US buyers dominant in PCL as government sends mixed signals to foreign investors - Knight Frank
Stability could be the UK’s strength right now, so it feels like unfortunate timing to be replacing our non-dom tax regime with something less competitive, says research boss Tom Bill.
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: Mixed signals from housing market as political & monetary uncertainty drags
Buyers and sellers face Bank of England caution and questions about the government’s direction of travel, explains Knight Frank's head of UK residential research.
By Tom Bill
Tom Bill: Rate cut expectations fade amid mixed economic signals
Borrowing costs have risen in recent weeks, driven partly by stronger-than-expected UK economic data, dimming hopes of cheaper mortgages, reports Knight Frank’s UK resi research boss.
By Tom Bill
Knight Frank’s Tom Bill on Burnham’s first fortnight
Agency's resi research boss looks at the early effects of Andy Burnham’s appointment as PM on the UK property market.
By Tom Bill
Companies in this article
Knight FrankMost read
Super-prime Kensington development launch draws over 150 agents
In Pictures: London’s prime property crowd gets first look inside REDD’s newly completed One Palace Green.
£33k-a-week Mayfair mansion leads run of blockbuster London rental deals
Mount Street and One Hyde Park mega-lets mark five-year highs as capital's luxury rental supply shrinks.
Tycoon weighing UK exit looks to offload luxury PCL properties
£18mn-plus Knightsbridge flat goes up for sale, along with other homes in Mayfair, Kensington and Chelsea, as entrepreneur says ‘there’s just no point in being here’.
Broker lands stellar £18mn instruction in SW London
Grade I-listed Richmond observatory - now a super-prime residence - was originally built for George III to watch the transit of Venus.
The £100k Mistake: A top buying agent on what prime property buyers need to know about AI
The real value of a good advisor is in judgement & knowledge of things beyond data, says Property Vision's Rob Fanshawe.
Strutt & Parker broker ranks hit double figures
Seasoned St John’s Wood agent becomes tenth member of recently launched brokerage division as heritage firm targets further Prime London expansion.
‘There are quiet Augusts and then there are quiet Augusts’: Prime London sales hit 18-year low
Latest LonRes numbers point to a particularly slow summer for prime London - but there are signs of life at the top end.
£11.8bn development wave to reshape West Kensington’s market
New research makes the case for a West Ken renaissance, as a trio of major development projects look set to redraw the local map - and hike property values.
By PrimeResi
Well-known London agency adds two more self-employed brokers
Olia Sequeira & Victoria Peters sign to the 68-year-old brand.
By PrimeResi
Treasury eyes £1.5mn mansion tax threshold as Budget rumours gather pace
UPDATED: Reports suggest Treasury is considering widening the HVCTS net, potentially hitting nearly 300,000 homes.
LATEST ARTICLES
Savills strikes property referral deal with international wealth manager
Tie-up follows Skybound’s move into property and finance earlier this year.
Industry Panel: How prime resi pros would redesign England’s property tax system
Exclusive PrimeResi survey finds 82% of respondents favour shifting the tax burden away from transactions and towards property ownership - but opinion is split over abolishing SDLT altogether.
By PrimeResi
Prime London Property Market Snapshot: Week 38, 2026
Agreed sales dropped both week-on-week and against last year, despite a continued post-summer rise in new instructions.
By PrimeResi
Boutique agency seals £10.5mn deal in Little Venice
Off-market transaction adds to firm's run on sought-after Randolph Road.
Paul Smith gives Notting Hill estate agency the fashion treatment
OB Private gets a week-long makeover, complete with wrapped office, designer threads and Paul Smith Minis for viewings.