This week in the UK saw a series of major developments: Zhang Ying, wife of Alibaba founder Jack Ma, purchased a luxury home in Belgravia for nearly HKD 200 million; sweeping UK visa reforms officially took effect; three London districts crossed the £1 million average price threshold; Labour Party insiders reportedly plotted a leadership challenge against Prime Minister Keir Starmer; and the Princess of Wales will host her fifth annual Christmas Carol Service.

The Bank of England has kept its policy rate at 4%, while signaling potential rate cuts as early as December if inflation continues to fall. Although the housing market remains under short-term pressure, improving end-user demand, stabilizing prices in prime areas, and high rents versus falling mortgage rates are strengthening the case for homeownership. The interaction between a potential December rate cut and the Autumn Budget will be decisive for the next phase of market recovery.

The Bank of England kept its base rate at 4%, signalling policy stability amid easing inflation. The upcoming Autumn Budget 2025 is expected to include tax increases, drawing significant public attention. Oxford University announced it will no longer accept the new TOEFL for postgraduate admissions, sparking discussion across the education sector. The Royal Family has begun relocating as Buckingham Palace undergoes major renovation and prepares to transition into a public museum. David Beckham was formally knighted by King Charles in recognition of his outstanding contributions to football and wider society.

Dubai has transformed from an oil-dependent economy into a diversified metropolis driven by services, finance and tourism. Property markets remained robust through 2023–2025, with transaction volumes and values rising and a highly international, predominantly young resident population supporting sustained rental and purchase demand. Strategic public plans — notably the 2040 Urban Master Plan and the Real Estate Strategy 2033 — focus growth on hubs such as the Expo City District and the Dubai Silicon Oasis, strengthening infrastructure and long-term value drivers. For investors seeking overseas exposure and medium-to-long-term appreciation, Dubai continues to offer compelling opportunities.

In 2025, London’s housing market shows stable performance in central districts and strong momentum in outer zones. Areas once overlooked are rising due to upgraded transport links, new schools, and expanding commercial hubs. Kensington & Chelsea remain luxury anchors; Barking & Dagenham stand out with strong yields and rapid growth; Hackney benefits from excellent commuting and rental demand; Tower Hamlets continues to attract buyers under the influence of Canary Wharf and major redevelopment.