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.
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...
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.'
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Luxury hotel group Maybourne recruits Walsh to lead ‘ambitious’ branded resi drive
Owner of Claridge's, The Berkeley & The Connaught brings in The OWO's former sales chief to lead global branded residential strategy.
Knight Frank cuts house price forecast; PCL set for -4% drop this year
'A combination of high supply & faltering confidence means we now expect slower UK house price growth this year & in 2026,' says research chief Tom Bill - with prime markets set for sharp declines.
Knight Frank boosts PCL lettings team with senior hires
Agency recruits seasoned operators from Hamptons & CBRE for key roles in Chelsea & Knightsbridge.
Deal sealed on rare penthouse overlooking Regent’s Park
Boutique firm tucks away 4,000 sq ft spread at close to its £7.5mn guide as part of £30mn deal run.
London property ‘no longer a safe bet’, warns top wealth manager
'The London property boom is well and truly over,' declares Rathbones
Historic St John’s Wood school building set for luxury resi revival
Swift consent secured for MWA-designed plans to restore former residence & studio of the artist John O’Connor.
Super-prime St John’s Wood mansion finds a buyer
Trophy home on Hamilton Terrace sold 'within a few months' of being listed at £20mn.
‘A market in transition’: Inside London’s evolving luxury resi development scene
New report reveals how policy, branding & global demand are reshaping the next phase of the capital’s ultra-prime development cycle.
Indie estate agency Wilfords branches out in SW London
Boutique firm adds to its growing network with a new base close to Clapham Common.
Jamie Hope: Uncertainty is the only certainty we have
'Buyers are looking at the market through an ultra-cautious lens,' but boutique agency boss still sees positive signs.
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Super-prime Notting Hill development opp seeks £12mn
Buyer sought for standout freehold property with "one of the most ambitious planning consents in the area".
£10mn price cut for trophy Knightsbridge penthouse
Ultra-prime residence at The Knightsbridge has been relaunched at £70mn.
Earls Court regeneration ‘will deliver £3bn a year to the local economy’
New analysis talks up the ambitious & long-playing Delancey-led development project in West London.
‘Business as usual’ says Zoopla owner after sale speculation
Private equity firm has reportedly hired investment bankers to 'examine options' for UK property portal & tech assets.
Real estate investor recruits trio to drive European growth
Maya Capital is looking to expand across the UK, Italy, Germany & France.