Property In 2018: All Change

Who says that property law doesn't move with the times? 2018 kicks off with talk of a register of beneficial ownership, consultations on topics as diverse as electronic signatures and chancel repair liability, plus proposals for significant reform of residential leasehold, further reform of business rates and the long awaited implementation of the ban on new lettings of properties not meeting minimum energy efficiency requirements. We hope you'll read with interest.

Proposals to introduce a register of beneficial ownership of overseas entities owning property in the UK is a step closer to becoming a reality

In 2017 the Department for Business, Energy and Industrial Strategy called for evidence on proposals for a new register showing who owns and controls overseas legal entities that own UK property or participate in UK government procurement. Those proposals were summarised in our update " Property ownership by overseas investors: UK Government begins consultation