‘Weak pound’ argument for Prime London property starts to fade

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Knight Frank's Tom Bill explains why international buyers might start to see their window of opportunity closing in the months ahead.

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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Knight Frank's research chief explains why the property firm has revised its PCL price forecasts down.
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'The outlook isn’t exactly gloomy, but neither does the warmer weather signal lift-off for the market,' says Knight Frank's Tom Bill.
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Various factors have led to an unusual disparity between PCL values and those of major financial hubs around the world, writes Ollie Marshall; it's no surprise that overseas buyers are making their move...