A Russian buyer recently bought a seven-bedroom home at Hamilton Terrace in St Johns Wood for 25 million pounds. Photo: Aston Chase
Russians’ US$10.7 billion UK property ownership comes under spotlight as London moves to stamp out ‘dirty money’, says Aston Chase
- The UK has accelerated plans to crack down on money laundering with sweeping new laws to register foreign owners of British property
- Wealthy Russians who were previously cash buyers ‘are now arranging finance as they are worried about the UK government freezing their funds’, says the property agency
A Russian buyer recently bought a seven-bedroom home at Hamilton Terrace in St Johns Wood for 25 million pounds. Photo: Aston Chase
