Authorities have collected just 3% of overseas entities register fines
The Financial Times reports that only 14 non-compliance penalties have been collected so far, bringing in a mere £700k.
No fines have been issued for failing to comply with the Register of Overseas Entities, yet
But the government says it is "currently building cases against companies who have failed to register by the deadline, working with law enforcement to prioritise action against the most egregious offenders.
By PrimeResi
The Register of Overseas Entities seems to be working, as UK property deals involving tax havens fall
New research suggests improved transparency in the property market means 'Londongrad' is losing its appeal to corrupt money...
By PrimeResi
Register of Overseas Entities reaches ‘significant milestone’ with over 30,000 registrations
Government chalks up a win as Companies House says its focus remains on 'rigorously enforcing compliance.'
By PrimeResi
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‘Hundreds’ of luxury London flats set for sale after £2bn lender collapse
Around 250 property companies with assets across PCL now under administration.
Knight Frank names three new Proprietary Partners
Knightsbridge lettings head Arya Salari, capital markets specialist Eddie Thomas and lease advisory lead James Thistle step up.
Former CEO brings ‘significant whistleblowing case’ against Battersea Power Station owners
Lawyers say Don O’Sullivan's case 'raises very important questions about the integrity of financial reporting at Battersea', allegations that the company strongly denies.
By PrimeResi
DDRE reports £89mn in sales so far in 2026; boosts headcount to 55
Expanding PCL brokerage chalks up big-ticket deals and lands first resi development instruction.
Buyer secures Dubai’s third most expensive apartment
The big-ticket off-plan deal comes amid escalating regional tensions.
By PrimeResi
Ten Years On: Assessing the ‘profound effect’ of the second home stamp duty surcharge
'Almost overnight, the market tilted away from investors,' says Hamptons, 'meaning far fewer homes have been added to the rented sector' in the last decade.
By PrimeResi
Buyer swoops on £19.95mn apartment at The OWO
Deal agreed in just seven days for Raffles-serviced residence at landmark Whitehall scheme.
$1bn & counting: Inside Manhattan’s ‘most successful’ luxury new development
PrimeResi gets a first look at the ultra-prime West Village scheme quietly racking up record-breaking deals.
London Square launches latest SW London scheme
Hot on the heels of projects in Battersea and Brook Green, the Aldar-owned firm has debuted a 123-home development in Wimbledon.
On Leasehold Reform: What the big shake-up could mean for prime property investors
Following publication of the draft Commonhold and Leasehold Reform Bill earlier this year, lawyers Kate Stockdale & Michael Ellis assess the likely impact on ground rents, ownership structures and investor…
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