Tom Bill
Partner, Head of UK Residential Research
Global Headquarters, GB
Latest research
Prime residential
Middle East Conflict Will Impact UK Housing Market in Four Stages
Once the initial headline shock has been absorbed and higher borrowing costs have stabilised, more political uncertainty may lie ahead for the housing market.
16 April 2026
Prime residential
Prime London Rents Rise as Supply Tightens and Middle East Uncertainty Persists
March 2026 PCL lettings index: 224.1 March 2026 POL lettings index: 229.8
10 April 2026
Residential
Middle East Ceasefire to Boost Buyer Sentiment more than Mortgage Market
This week’s ceasefire in the Middle East will steady sentiment in the UK housing market, but mortgage rates are unlikely to drop quickly. Longer-term inflation risks and weaker demand for UK government debt indicate a more gradual downwards path.
09 April 2026
Prime residential
Conflict Weighs on Buyer Sentiment as Markets Start Pricing in Middle East Endgame
Conflict Weighs on Buyer Sentiment as Markets Price in Middle East Endgame
02 April 2026
Residential
Mortgage Costs Rise as Bank of England Risks Fighting Wrong Inflation War
As upwards pressure grows on borrowing costs, there are questions over whether the Bank of England’s hawkish posture is sustainable.
25 March 2026
Residential
Mortgage Market Under Pressure as Central Banks Hold on Super Thursday
As the Middle East conflict escalated this week, borrowing costs rose and central bankers deliberated their next move.
20 March 2026
Residential
Middle East Conflict Clouds Rate Outlook and Budget Plans
Energy market volatility has driven borrowing costs higher, which has forced mortgage lenders to reprice. How long the Middle East conflict lasts will determine the impact on the housing market and the fiscal choices in the autumn Budget.
12 March 2026
Residential
How the Middle East Conflict Could Affect the UK Housing Market
Financial markets could be overreacting in the early days of the conflict as they take a second rate cut off the table this year.
06 March 2026
Rentals
Demand for Flexibility Drives London Super-Prime Rental Market
February 2026 PCL lettings index: 223.7 February 2026 POL lettings index: 229.0
03 March 2026
Prime residential
Political Uncertainty and Rising Supply Weigh on Prime London Prices
February 2026 PCL Sales Index: 5,006.5 February 2026 POL Sales Index: 275.5
02 March 2026
Residential
Mortgage Costs to Fall as Market Prices in Faster Cuts
Cooling inflation, weak jobs data and stronger-than-expected signals from the Bank of England have boosted rate cut expectations. The main risk for the housing market now is political.
23 February 2026
Prime residential
Prime London Property Market Stabilises but Political Clouds Gather
January 2026 PCL Sales Index: 5,019.3 January 2026 POL Sales Index: 275.6
09 February 2026
Prime residential
Supply Squeeze Curbs Activity in London Rental Market
January 2026 PCL lettings index: 223.7 January 2026 POL lettings index: 229.0
09 February 2026
Residential
Rate Cut Expectations Fade amid Mixed Economic Signals
Borrowing costs have risen in recent weeks for reasons that include stronger-than-expected UK economic data, tempering the outlook for cheaper mortgages. However, an uncertain domestic and global outlook means downwards pressure could return.
02 February 2026
Residential
UK Haven Status Under Pressure as Geopolitical Risks Rise
While the Chancellor talked up Britain’s appeal to global investors in Davos last week, the property market is still digesting Labour’s first two Budgets.
26 January 2026
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.
19 January 2026
Prime residential
Demand in Country Market Improves After the Budget
Country house price index slides further in Q4 2025 but decline narrows as sentiment turns more positive.
19 January 2026
Prime residential
Housing Unpacked: Rob Perrins on Planning Reform, the Future of London and Post-Budget Market Signals
The Executive Chairman of Berkeley Group talks to Knight Frank about the opportunities and risks facing the residential development market in 2026
15 January 2026
Prime residential
Prime London Map
Map showing three-month % change in prices and rental values by location
13 January 2026
Prime residential
Post-Budget Clarity Spurs Activity in Prime London Markets
December 2025 PCL Sales Index: 5,031.6 December 2025 POL Sales Index: 275.2
12 January 2026
Prime residential
Lettings Momentum Builds but Year Hinges on Policy Success
December 2025 PCL lettings index: 223.9 December 2025 POL lettings index: 228.8
12 January 2026
Rural
Farmland Index Q4 2025 - IHT concessions calm market
The farmland market remains becalmed, but the government’s IHT U-turn could boost confidence
08 January 2026
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.
08 January 2026