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Keeping It Real Estate News and Trends in UK Real Estate, Disputes and Planning Law

Tag Archives: overseas companies

Posted in Real Estate News

Whose property is it anyway? Government publishes plans for beneficial ownership register

Draft legislation to implement the government’s proposals for a “beneficial ownership register” has finally been published and the government is seeking views on the detail. The Registration of Overseas Entities Bill follows hot on the heels of last year’s consultation on the proposed register and provides some much needed flesh on the outline plans. The

Posted in Real Estate News

Update: public register of beneficial ownership of UK property by overseas entities

What’s new? The government has published its response to the April 2017 call for evidence on proposals for a register showing who owns and controls overseas entities that own UK property or participate in UK government procurement. The regime would catch any legal owner of registered land which is “overseas” and therefore would include commonly

Posted in Real Estate News, Uncategorised

When will register of beneficial ownership by overseas companies be introduced?

The government has confirmed to parliament its timetable for the introduction of a public register of beneficial ownership of UK property by overseas entities. This follows on from the government’s consultation in April 2017 on establishing such a register which we blogged on last year (see here). In December 2017, the government confirmed that it

Posted in Real Estate News

A move to “glasshouses”: Government announces call for evidence on a register of beneficial owners of property controlled by overseas companies and other legal entities

On 5 April 2017, the government launched a call for evidence on a register showing the beneficial ownership of property controlled by overseas companies and other legal entities. This isn’t the first time that these proposals have hit the news. Last year, in March 2016, the government consulted on their proposals for such a register;