The Cellar - View Single Post - Jan 21st, 2019: England & Wales, Who Owns It?

Carruthers · 01-21-2019, 08:53 AM

Thanks for posting that, Bruce.

I knew that new properties and unregistered properties when sold, had to be registered, but I didn't realise that registration had become compulsory for inherited properties.
I had a look at the map in the linked article and was surprised at how much farm land has escaped.
Often it is owned by a company registered outside the UK for tax purposes and then rented back to the occupier who is the sole shareholder of the company.
It's interesting that a link between registration and agricultural subsidies is being proposed.

01-21-2019, 08:53 AM	#2
Carruthers Junior Master Dwellar Join Date: Dec 2009 Location: Buckinghamshire UK Posts: 4,059	Thanks for posting that, Bruce. I knew that new properties and unregistered properties when sold, had to be registered, but I didn't realise that registration had become compulsory for inherited properties. I had a look at the map in the linked article and was surprised at how much farm land has escaped. Often it is owned by a company registered outside the UK for tax purposes and then rented back to the occupier who is the sole shareholder of the company. It's interesting that a link between registration and agricultural subsidies is being proposed. __________________