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.
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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?
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Overseas Entities: The real estate effect
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