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.
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.
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
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.'
Why the end of the furlough scheme is likely to have a limited impact on the UK property market
A closer look at the government’s own furlough data suggests there is unlikely to be meaningful downwards pressure on sales volumes or prices when the support scheme comes to an end in the autumn, says Tom Bi…
Companies in this articleKnight Frank
Chestertons picks up well-known PCL lettings business
Estate agency takes over letting and management arm of boutique firm Henry & James as acquisition drive continues.
Interview: Luxury property impresario Dean Main on building a £600mn development pipeline & managing £12bn of PCL schemes
Talking legacy developments & top-end trends with the boss of Henigman & Rhodium.
Tom Bill: What does the higher bank rate mean for the UK housing market?
Lenders are tinkering with mortgage rates as a contradictory set of events unfold but higher rates are here to stay, says Knight Frank's head of resi research.
‘There is no lack of interest’: Peninsula London pauses sales after world’s wealthiest pick up 70% of residences
New five-star destination opposite Buckingham Palace has been described as 'the most significant addition to London's ultra-prime market in recent memory'.
In Pictures: Former PM Johnson buys moated Oxfordshire Manor House
A source tells us that Boris Johnson has exchanged on Brightwell Manor for £3.8mn.
In Pictures: Three-year project creates a ‘sophisticated’ 17,000 sq ft country estate in Surrey
Helen Green Design collaborated with the 'very best artisans, joiners and suppliers in the industry' on this sumptuous reworking.
‘Astonishing’ $95mn super-villa is one of Dubai’s biggest-ever listings
The ten-bed mansion has been designed to 'expand the possibilities of elite architecture'.
Middleton recruits ex-Savills COO to new advisory board
Big-hitters Juliette Stacey and Christopher Eadie will be working with the prime property firm's senior team.
Luxury developer Mountwood unveils new boutique scheme in west London
Nearly half of the 24 units at Lexington House in West Ken have been picked up off-plan.
Foxtons takes cues from Netflix & Amazon in bid to ‘modernise estate agency’
Agency reveals how it is using AI to identify new leads in real time and get them 'to the right person at the right time'.
106-unit West Hampstead project brought to market
The Clay Yard is a rare new-build addition to the neighbourhood.
Scottish estate market cools, but prices remain high
Gross investment in Scottish estates dipped in 2022 as £1mn+ activity refocused to urban centres - but country estate prices remain at historically high levels.
In Pictures: ‘One of the most romantic homes in the Cotswolds’ seeks £6mn
Stouts Hill is 'a major and important example of Gothic country house style at its very best,' says Savills.