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Real Insights - Property Update

Issue 72: October 2022

Real Insights - Property Update

No U-turn on plans to end no-fault evictions

In a week of U-turns, after leaked suggestions that the Government was scrapping its manifesto pledge to end no fault evictions, the Prime Minister has confirmed her commitment to see this through during this parliamentary session.


The overseas entities register – a lender's perspective

The Economic Crime (Transparency and Enforcement) Act 2022 requires non-UK companies or entities which own or purchase UK property to register details of their beneficial ownership. The Act will make the identity of individuals who ultimately own or control those overseas entities a matter of public record. One aim of these changes is to deter money laundering.

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