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Property: Ownership

Question for Department for Business, Energy and Industrial Strategy

UIN 68469, tabled on 2 November 2021

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether it is Government policy to introduce a public beneficial ownership register of overseas entities that own UK property.

Answered on

10 November 2021

As set out in the Written Ministerial Statement I made on 2nd November 2021 (HCWS366), the Government remains committed to establishing a new beneficial ownership register of overseas entities that own UK property. This register will help combat money laundering and achieve greater transparency in the UK property market. We will legislate when parliamentary time allows.