Take advantage of our discounted landlord insurance ratesWorld-first register to crack down on criminals laundering dirty money through UK property market to go live by early 2021 https://t.co/a0j0azh4FH
— Property Hawk (@landlordnews) February 1, 2018
Tuesday, January 30, 2018
Overseas property buyers to be identified by 2021
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This will be impossible without also requiring companies to reveal their owners. Otherwise, this register will be easily defeated by the use of shell companies in offshore tax havens that do not require disclosure.
The Government must know this, so this is just a cynical publicity stunt so that they appear to be doing something about the problem without actually taking any useful action.
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