What the Autumn Statement means for the UK property market
Financial markets have been calmer since Jeremy Hunt took to the floor, but the reversal of Kwasi Kwarteng’s stamp duty cut highlighted a paradox, writes 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 on what the property market needs & expects from this week’s Autumn Statement
Capital Gains Tax rather than stamp duty has been the subject of speculation ahead of Thursday’s announcement
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: What Rishi Sunak means for the UK property market
'How far the new PM can wind back the clock is a significant question for the UK housing market.'
By Tom Bill
Companies in this article
Knight FrankMost read
Savills completes £170mn townhouse run at Chelsea Barracks
Contracts exchanged on £40mn Banda-designed residence, rounding out sales at Mulberry Square.
‘The penny has dropped’: London’s supply of supersized apartments is drying up
‘Signs of urgency’ emerge around the capital’s top schemes as new figures reveal how Westminster’s size limit is reshaping the super-prime landscape.
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.
US brokerage giant launches global division for cross-border property deals
Compass rolls into international markets including the UK with new agent network.
By PrimeResi
Picky buyers & patchwork performance: The state of Prime Central London in 2026
Fresh data and charts reveal differing fortunes across the capital’s luxury property heartlands - and offer some pointers as to what happens next.
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.
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.
‘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.
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.
London super-prime sales haul jumps 72% despite global slowdown
Knight Frank tracked a 'flurry of remarkable sales' in London during Q2, but US$10mn+ transaction volumes dipped slightly.
By PrimeResi
LATEST ARTICLES
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.
Knight Frank research boss: UK housing outlook hinges on Middle East tensions
Markets are pricing in multiple rate hikes, but where borrowing costs go next relies heavily on a single unpredictable geopolitical risk, explains Tom Bill.
By Tom Bill
Bugatti badges $650mn Miami resi tower
Hypercar marque makes its first move into the US resi market with 183-home waterfront scheme.
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.
Savills names new head of resi development sales for Scotland
Jamie Adam tales over from Carole Mackie.
By PrimeResi