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The UK government recently closed a consultation during which it took views as to how a new public register of the beneficial ownership of UK land and real estate property may be introduced. This new register of property ownership, that is expected to include all overseas companies, has been proposed for some time now and it seems only a matter of time before it is brought into force. The question for us to consider is how the introduction of such a register will affect clients of Peregrine.
This year’s Autumn Budget delivered by Chancellor Phillip Hammond, with the backdrop of Brexit, struck a cautious note, but one that the Conservatives will hope will win favour with voters, including additional funding for the NHS.