UK government to introduce new property disclosure regulations

[Nicholas Wallwork]

UK government finally seems to be acting on foreign ownership of UK property where the underlying owner remains a mystery. Over the years we have seen an array of companies registered all over the world, some in tax havens, acquiring UK property. Indeed a report by the Evening Standard last year suggested there was in

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Is there any other market where up to £100 billion worth of assets are held by individuals whose identity is unknown? This of course is the London real estate market which continues to attract major attention from overseas buyers. Surely these regulations are well overdue?