Tom Bill
Partner, Head of UK Residential Research
Global Headquarters, GB
Latest research
Residential
Housing Unpacked: OBR Row Builds as Budget Scrutiny Intensifies
In the second of our special podcasts following the Budget, Michael Brown from Pepperstone explains how the muted reaction on financial markets could grow louder, what the Bank of England is likely to do next, and why political risk may be the biggest story in 2026.
02 December 2025
Prime residential
Housing Unpacked: A Budget of Open and Bolted Doors
Blick Rothenberg CEO Nimesh Shah talks to Housing Unpacked about the merits of a Budget that spends now but relies on tax revenue closer to the next election.
28 November 2025
Tax
Mansion Tax Announced in Budget of Few Surprises
A new tax on homes worth more than £2 million was announced, but there are questions over how much it will yield in a Budget where politics trumped economics.
26 November 2025
Residential
Council Tax Revaluation Plan Risks Unsettling Property Market
Revaluing properties in the top three council tax bands could prove costly and disruptive. The proposal highlights how backbench politics is driving this week’s Budget.
24 November 2025
Residential
Tax Uncertainty Drives Buyers to Beat the Budget
Three months of Budget rumours have stalled activity in parts of the UK economy. But at the top of the property market, some have accelerated their plans before possible new measures take effect.
17 November 2025
Prime residential
Jersey Market Insight
Knight Frank’s in-depth look at the Jersey residential property market’s performance and prospects.
13 November 2025
Residential
Government Urged to Boost Tax Coffers with Investor Visa
As the Treasury contemplates a manifesto-breaking income tax rise, one group argues that a UK Investor Visa could raise £225bn over ten years and keep wealthy individuals, and their stamp duty receipts, in the country.
10 November 2025
Prime residential
Prime Central London: The reality on the ground ahead of the Budget
With tax speculation dominating the headlines, is Prime Central London really stalling or are there opportunities for buyers?
10 November 2025
Prime residential
Demand Up, Supply Down: Prime London Rents Rise Ahead of the Budget
October 2025 PCL lettings index: 225.2 October 2025 POL lettings index: 228.4
03 November 2025
Prime residential
Mansion Tax Plans Resurface as Prime London Prices Slide
October 2025 PCL Sales Index: 5,068.9 October 2025 POL Sales Index: 275.2
03 November 2025
Prime residential
The £30 Billion Question: What Rachel Reeves Faces Ahead of the November Budget
What’s happening behind the scenes as the Treasury and the Office for Budget Responsibility prepare for the 26 November Budget? Tom Bill is joined once again by Michael Brown from Pepperstone to share their insights.
20 October 2025
Residential
Lower Borrowing Costs Offer Respite for the Treasury and Mortgage Holders
Falling gilt yields may give the government more breathing room but possibly not enough to prevent new property taxes in next month’s Budget.
20 October 2025
Residential
UK Residential Market Update
Knight Frank's UK Residential Market Quarterly Update provides a snapshot of the housing sector, assessing its performance, and proving analysis of the latest economic trends.
13 October 2025
Rural
English Farmland Index
The Knight Frank farmland market index is an opinion-based index, compiled quarterly by professional staff in Knight Frank’s farms & estates and valuations offices in the UK. It tracks the price performance of bare agricultural land without dwellings or buildings.
13 October 2025
Prime residential
Falling Prices Support Demand in the Country Market
Six months of relative calm have encouraged needs-based buyers to act, but sentiment is wavering as the Budget approaches
13 October 2025
Prime residential
Prime London Map
Map showing three-month % change in prices and rental values by location
07 October 2025
Residential
Carol Lewis: Headlines, Housing and Hype
Carol Lewis, Property Editor of The Times and The Sunday Times, explains how to navigate the flood of property headlines in the run-up to November’s Budget.
06 October 2025
Prime residential
Rental Value Growth Strengthens as Pre-Budget Nerves Surface in London Super-Prime Market
September 2025 PCL lettings index: 225.2 September 2025 POL lettings index: 228.2
06 October 2025
Prime residential
Treasury Trilemma Curbs Demand in Prime London Markets
September 2025 PCL Sales Index: 5,089.4 September 2025 POL Sales Index: 275.3
06 October 2025
Residential
Closing the Price Gap: Buyers Look Again at Central London
Prices have fallen by a fifth over the last decade in prime central London, leading more buyers to re-examine the benefits of living centrally.
29 September 2025
Residential
OBR Downgrade Talk Underlines Property Tax Risks
On the latest episode of Housing Unpacked, former Treasury special advisor James Nation talks about the shifting economic backdrop and what it could mean for property taxes.
22 September 2025
Residential
James Nation: Property Taxes, Pitch-Rolling & Budget Nerves
Former No.10 policy insider James Nation joins Tom to decode the run-in to the 26 November Budget: OBR round-one forecasts, the 10-year gilt “observation window”, and why a productivity downgrade matters for the property market.
22 September 2025
Forecasts
UK Housing Market Forecast: September 2025
Pre-Budget nerves and high levels of supply mean we have downgraded our price forecasts. Meanwhile, our rental expectations have edged higher due to ongoing regulatory uncertainty.
15 September 2025
Prime residential
Nerves are spreading through bond and property markets ahead of November Budget
This week, head of UK residential research Tom Bill is joined by financial market analyst Michael Brown from Pepperstone to assess the state of property and bond markets ahead of November’s Budget.
08 September 2025
