UK real estate & the Register of Foreign Owners: New registration requirements, explained
As a transparency measure, the Government is set to introduce a Register of People with Significant Control over Overseas Companies owning UK real estate. Ronnie Myers of Burges Salmon and Michelle Cartwright of John Lamb Hill Oldridge explain how to navigate the new rules, which are due to come into force this year.
Ronnie is a senior associate in the private client team at Burges Salmon, specialising in the provision of tax advice to high net worth and ultra-high net worth international individuals, financial institutions and international trust companies. He advises individuals who are UK resident, but not UK domiciled and non-UK resident individuals on a variety of areas including: personal taxation taxation and planning in relation to trusts succession planning and high value UK real estate structuring and taxation.
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
‘Buyers from China are more than willing to pay their fair share’ – Juwai’s CEO on the Tory foreign buyer tax
Carrie Law, CEO of China's No.1 international real estate website, reacts to Theresa May's proposal to charge a higher stamp duty rate to non-UK buyers
By Carrie Law
Europe’s resi real estate investors are ‘bullish’ despite Brexit & regulatory concerns
Paris, Berlin and Frankfurt are the top picks for real estate investment in 2020, reports PWC
By PrimeResi
Companies in this article
Burges SalmonMost read
Knight Frank rolls out new commission and pay structures
‘Significant evolution’ across estate agency business includes new performance incentives, as 130-year-old firm looks to 'provide visibility over earning potential'.
Ranked: Britain’s top 10 prime & super-prime property agencies by market share
Savills leads for £1mn+ listings, but is just pipped by Knight Frank in the super-prime arena, according to a specialist marketing firm's analysis.
By PrimeResi
Rich List 2026: Britain’s 50 wealthiest property tycoons
Annual rundown of Britain’s richest families and individuals puts combined wealth at £784bn - up slightly on last year - but shows more UHNWIs are now based overseas.
Battersea tower decision ‘extremely disappointing’, says developer
Appeal dismissed over controversial Farrells-designed scheme beside Battersea Bridge; Rockwell laments rejection of ‘great addition to London’s skyline’.
Government unveils detailed blueprint for new high-value homes levy
Consultation sheds light on how England’s so-called ‘mansion tax’ could work in practice - including key timelines and a potential premium for overseas owners.
After Starmer: Becky Fatemi on the property stakes in Labour’s leadership contest
The UK does not need to be the lowest-tax country to attract wealth, but it does need to feel steady, warns luxury brokerage chief as buyers & sellers brace for renewed uncertainty.
By Becky Fatemi
New £100mn PCL fund completes first acquisition
Catalyst & REDD acquire rare Belgravia development project as 'opportunistic' investment drive gets underway.
Rare super-prime penthouse deal closes in NW London
Phillips Harrod & UK Sotheby’s collaborate on one of the biggest apartment sales across NW1 and NW8 in recent years.
In Pictures: 300-year-old Berkshire estate with royal roots & working vineyard hits the market
1705 mansion in 146 acres 'captures the English countryside dream’, say agents.
Buyer swoops on long-standing super-prime listing in Belgravia
Switzerland-based purchaser exchanged on turnkey mews amalgamation within a week of viewing.
LATEST ARTICLES
Agency’s £20mn Notting Hill hat-trick fuels W11 recovery talk
W11 is 'potentially the first emerging recovering market in prime west London', says Strutt & Parker after its latest run of high-end deals.
Rightmove faces November hearing in £1.5bn agent fees claim
A big proposed collective action law suit will be considered by the Competition Appeal Tribunal later this year.
By PrimeResi
Labour leadership hopeful proposes a ‘wealth tax that works’
Wes Streeting wants to equalise Capital Gains Tax rates with Income Tax.
By PrimeResi
Knight Frank launches Private Office in India
Saneya Malani is leading the property consultancy's latest UHNW-focused offering.
Savills instructed on £45mn Georgian estate with over 1,700 acres
IN PICTURES: Inside one of the most significant country listings of 2026 so far, on the open market for the first time in a century.