Tom Bill: What does Liz Truss mean for the prime London property market?
'A short-term boost appears likely from a government already in pre-election giveaway mode,' writes Knight Frank's Tom Bill. 'However, there are longer term economic risks from a bout of short-term fiscal largesse.'

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.
‘London’s prime property market is getting back on form’ – Coutts
High-society bank tells affluent clients that PCL is back in action.
Tom Bill on what 2021 could bring for the UK property market
Tax changes and the withdrawal of support measures mean the post-Covid ‘normal’ will only begin to emerge later next year, writes Knight Frank's Head of UK Residential Research.
By Tom Bill
Tom Bill: The signals from the property market remain positive ahead of this week’s expected rate rise
In a market so driven by sentiment, a discernible dent in demand might be expected given the current economic and political backdrop - but it hasn’t materialised yet...
By Tom Bill
Companies in this article
Knight FrankMost read
UAE real estate giant buys UK developer London Square
Aldar Properties says its first acquisition outside of the MENA region provides 'a meaningful foothold in the diverse and dynamic London property market,' with financial heft that will give London Square…
By PrimeResi
Knight Frank’s van Straubenzee named ‘property adviser of the year’ at wealth industry awards
Joint-global head of the agency's Private Office saw off competition from seven other high-profile names at the 2023 Spear's Awards.
Strutt & Parker appoints new Heads of Sales in PCL
Agne Karazuite and Ed Boden have taken on new roles in Chelsea and South Kensington.
By PrimeResi
London’s super-rich turn to rental homes as ‘rival wealth hubs’ entice billionaire buyers
Fresh analysis by luxury estate agency Beauchamp Estates looks into the wealth and lifestyles of the global super-rich.
By PrimeResi
£60mn townhouse sale reported at Chelsea Barracks
Significant sale 'demonstrates that despite ongoing economic uncertainty London remains top of the list for the world’s global buyers,' says Knight Frank.
Fulham artists’ studios with potential offered for sale for first time in 60 years
The five artists' studios in SW6 have 'scope for a range of potential future uses,' says Savills.
By PrimeResi
Third.i recruits CBRE director to lead major acquisition drive
Rachel Mason will be in charge of identifying new investment opps in London and across the UK for the Australian developer, as it targets a billion-pound pipeline.
From strategic hires to the rise of self-employed agents: Andrew Deverell-Smith on the real estate recruitment trends to watch
Is it time to hunker down or level up? Recruitment guru explains how top property firms are taking different approaches to challenging market conditions.
LATEST ARTICLES
SW London’s ‘cathedral of the industrial age’ emerges from Farrells-led transformation
IN PICTURES: A first glimpse at Powerhouse, the former Lots Road Power Station, where a remarkable resi transformation nears completion.
Ranked: The world’s most expensive cities in 2023
Across the 173 cities analysed by the Economist Intelligence Unit, cost of living prices have risen by an average of 7.4% in the last year.
By PrimeResi
Savills & KBW bring landmark buildings to market in ‘jewel of the Cotswolds’
'Intriguing opportunity' in the picture-perfect village of Broadway is likely to generate lots of interest, say agents.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Blackstock founder Teacher to launch new consultancy
Backed by Montfort, Andrew Teacher's new business will specialise in real estate, asset management, technology and ESG.
By PrimeResi