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Register of Overseas Entities: 31st Jan deadline looms large
New rules are 'already having a major impact on UK real estate transactions and any overseas entities that own affected UK real estate and have not yet registered their beneficial owners at Companies House must take urgent steps to do so,' advise lawyers.
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2023 will see some major - and long-awaited - changes to the legislative landscape. Two lawyers look ahead to some key reforms that are likely to affect the residential property sector...
The Register of Overseas Entities is now in play; here’s what property pros need to know
Designed to "root out corrupt elites using UK property to launder their illicit wealth," the Register of Overseas Entities has officially launched, requiring more transparency for UK property transactions…
Those who missed this week’s overseas entities deadline face ‘severe restrictions on their ability to buy and sell property’
Companies House is 'now assessing and preparing cases for enforcement action'.
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