Trusts: Registration

(asked on 23rd October 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what proportion of UK properties are held in trusts that will be registered through the new Trust Registration Service.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 2nd November 2020

Information on the proportion of properties in the UK that are owned via trusts is not held at present. Property in the UK is held by a variety of different structures, including trusts.

There are various reasons that a trust may be required to register on the forthcoming expansion to the Trust Registration Service. Any of the trusts that meet these requirements may hold UK property. Additionally, non-UK trusts that acquire UK land going forward will be required to register.

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