Register of overseas property owners becomes law as Economic Crime Bill receives Royal Assent
Foreign owners of UK property have six months to comply with new registration documents, as the Economic Crime Bill completes its fast-track passage through parliament.
What to read next
‘There will be nowhere to hide’: Government fast-tracks Economic Crime Bill & register of overseas property owners
"Time is up for Putin's cronies hiding dirty money in the UK and this new legislation will help to crack down on economic crime, including removing key barriers to using Unexplained Wealth Orders," says…
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…
Economic Crime Bill fast-tracked through House of Commons today
The long-awaited Economic Crime (Transparency and Enforcement) Bill will be "expedited through all its Commons stages" today (7th March), four years after draft legislation was published.
Most read
Arts & Crafts gem on Kensington Palace Gardens reborn as six ‘world-class’ residences
Luxury developer REDD unveils set of super-prime homes following ambitious five-year restoration of Philip Webb-designed landmark.
Alex Michelin: How driverless cars will reshape the property market
Luxury development chief says driverless revolution could redraw the prime London map.
£12.25mn Chester Square townhouse finds buyer after agency switch
Boutique firm seals super-prime Belgravia deal after two previous agents had marketed the property.
‘New strategy’ drawn up for 15,000 sq ft Belgravia trophy
Three-building spread could be transformed into one of PCL’s most valuable private residences.
Boutique London agency names new MD; opens Fulham office
Landstones has moved into the former Draker space on Fulham Road.
Savills makes key resi hire in Dubai
Greg Stockton is on board to link UK developers with investors, wealth managers and adviser in the Middle East.
Green light for £2bn Vauxhall Square mega-scheme
Pilbrow & Partners' 69-storey Vauxhall regen project squeaked through Lambeth's Planning Committee.
Harding Green recruits another top Foxtons agent
Sloane Square ops director makes move to self-employed broker model after nearly 17 years with former firm.
Enness Global installs new Chief of Staff
Douglas & Gordon veteran joins the HNW finance firm.
Billionaire financier quits UK tax residency – but keeps massive Wiltshire mansion restoration project
One of Britain’s biggest taxpayers is reportedly relocating fiscal affairs overseas.
LATEST ARTICLES
‘The penny has dropped’: London’s supply of supersized apartments is drying up
‘Signs of urgency’ emerge around the capital’s top schemes as new figures reveal how Westminster’s size limit is reshaping the super-prime landscape.
Christie’s makes major New York play with launch of 120-agent brokerage
Luxury property brand builds new Manhattan operation around Warburg team, headed up by Kevelyn Guzman.
Global Branded Residence Survey 2026: Sector to top 300,000 units by 2031
New Knight Frank analysis flags big diversification, with growth beyond key cities and non-hotel brands set to account for almost 40% of branded resi supply within two years.
Buy-to-let company formations set to fall for first time since 2008
The pace of rental price growth increased again in August, as Hamptons flags a 'turning point' for property investors.
Zoopla flags first drop in rental supply for three years
Property portal expects average rents to rise 4-5% this year.