Almost one in 10 properties in Westminster and 7.3 per cent of properties in Kensington and Chelsea are owned by companies registered in an offshore secrecy jurisdiction. Photo: Bloomberg Almost one in 10 properties in Westminster and 7.3 per cent of properties in Kensington and Chelsea are owned by companies registered in an offshore secrecy jurisdiction. Photo: Bloomberg
Almost one in 10 properties in Westminster and 7.3 per cent of properties in Kensington and Chelsea are owned by companies registered in an offshore secrecy jurisdiction. Photo: Bloomberg

Transparency International urges Britain to rein in hot-money flows into property

Corruption watchdog urges tougher stance on offshore companies' property acquisitions

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Almost one in 10 properties in Westminster and 7.3 per cent of properties in Kensington and Chelsea are owned by companies registered in an offshore secrecy jurisdiction. Photo: Bloomberg Almost one in 10 properties in Westminster and 7.3 per cent of properties in Kensington and Chelsea are owned by companies registered in an offshore secrecy jurisdiction. Photo: Bloomberg
Almost one in 10 properties in Westminster and 7.3 per cent of properties in Kensington and Chelsea are owned by companies registered in an offshore secrecy jurisdiction. Photo: Bloomberg
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