Question to the HM Treasury:

To ask His Majesty's Government how many trusts are registered with the Trusts Registration Service that hold UK land or property either directly or indirectly; and what is the total value of UK land and property assets held.

I can only provide a partial answer to this question, as the Trust Registration Service does not record information on indirect holdings of land by trustees.

Since May 2021 when the Trust Registration Service was expanded to accept registrations from non-taxable trusts, c.44,000 trusts have notified the Trust Registration Service that the trustees have acquired a direct interest in UK land on or after 6 October 2020. Of this figure, c.43,000 are UK-resident trusts and c.1,000 are non-UK resident trusts.

Only taxable trusts, including those that registered before May 2021, are required to provide a statement of assets at the time of registration, including UK land or property. However, analysing this information to arrive at a total number and value of properties held by these trusts would carry a disproportionate cost.