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...
By PrimeResi
Government moots a public register of overseas companies with UK property
Thoughts wanted on a world-first "beneficial ownership register" for overseas companies which hold UK property assets
By Prime Resi
What real impact would a public register of beneficial owners have on the UK property sector?
The new draft Bill promises more transparency in the UK property industry, but will it cause headaches for estate agents, solicitors and developers - and will it put off overseas investors?
By PrimeResi
Most read
London Square continues prime site acquisition run with ‘extremely attractive’ Brook Green project
The former school site in West London is the Aldar-owned property developer's eighth acquisition so far this year.
‘Arguably the finest in Mayfair’: Trophy townhouse lists at £49.5mn
Grand red-brick specimen on Balfour Place is the only double-fronted south-facing home in Mayfair Village.
Former Northacre sales boss launches new venture
Simon Edwardson's Wind Leaf will be offering up 'market leading advisory services for residential and commercial assets on a worldwide basis'.
Another ‘milestone’ deal in Mayfair as super-prime buyers make their move
Conditions are nervy, but some HNWIs are sensing an opportunity & taking a long-term view, reports top acquisition firm.
Abrahmsohn on non-doms, £50k pw rentals & why October 30th will be a watershed moment
Next month's Budget could send shockwaves through every stratum of the property market, writes veteran agent Trevor Abrahmsohn.
Russell Simpson strengthens PCL team
Daniel Trelease and Oscar Martinelli have joined the family-run firm's Chelsea office.
By PrimeResi
Mega-deals dry up as caution slows London’s top-end property market
You could count the number of £30mn-plus sales that happened in the last year on two hands.
New Earls Court plans submitted, promising ‘a global destination’ with 4,000 new homes
Delancey's Earls Court Development team promises 'a place for everyone, a neighbourhood that brings people together, where they feel welcome, safe and included.'
By PrimeResi
Behind the numbers: How many non-doms will be affected by next year’s changes?
Savills estimates that 22,100 non-doms are likely to be exposed to proposed tax changes.
By PrimeResi
‘Iconic’ Dubai property developer sets up shop in Knightsbridge
Super-prime & branded residence developer Binghatti is to open a 'concept store' near Harrods in London.
By PrimeResi
LATEST ARTICLES
Dollars & La Dolce Vita: How Europe’s luxury homes became the hot ticket for America’s super-rich
'We heard recently of an American couple who have bought houses in seven different countries in the past 18 months – and are keen to buy more': Top buying agent Philip Harvey explains what's driving h…
JLL ‘reaffirms commitment’ to PCL with raft of resi promotions
Agency's senior-level reshuffle in and around Prime Central London - including a new Head of Lettings - follows new appointments.
By PrimeResi
‘Iconic’ Dubai property developer sets up shop in Knightsbridge
Super-prime & branded residence developer Binghatti is to open a 'concept store' near Harrods in London.
By PrimeResi
In Pictures: Greek fashion tycoon lists Mykonos mega-villa for €25mn
Villa Lithos is one of the biggest listings in the Greek islands so far this year.
Postcard from South Africa: ‘The future’s looking bright for the Rainbow Nation’s real estate market’
Berry Everitt of Chas Everitt shares a rosy view of the South African economy and property market, following the election of the Government of National Unity.