On 4 July 2016, Standard Life Investments suspended trading as a result of investors flooding the gates for redemptions. Several other funds such as M&G and Aviva Investments followed suit throughout the same week. The decision to suspend redemptions by these large property funds has triggered discussions surrounding the fate of the property market and […]

David Cameron will promise to act against corrupt foreigners who buy up luxury properties in the UK using secretive holding companies to hide their “dirty money”. The prime minister will use a visit to Singapore to make an anti-corruption speech on Tuesday in which he will express concern that some properties, mainly in London, “are […]

Anti-corruption groups and Met detectives say £180m worth of real estate is under investigation as being used in money laundering and stolen capital Hundreds of millions of pounds’ worth of UK properties held in secretive offshore companies have been used to launder the proceeds of international corruption, Scotland Yard investigators suspect. The Metropolitan police have […]

A recent case has far reaching consequences for trustees dealing with and financing UK Property and highlights that trustees must now take great care to avoid personal liability when entering into contractual arrangements. Under English law the position has always been that a trustee acts personally. This means that a trustee is personally liable for […]