Ukraine crisis: UK clampdown on Russian owners of luxury London property in wake of invasion

Feb 25, 2022 | INVESTING

From Chelsea penthouses to Highgate mansions, Russia’s long-standing infatuation with UK real estate is evident from a cursory glance at some of the country’s priciest property transactions. The past decade has seen that trend explode.The number of UK properties whose owners’ principal correspondence address is in Russia reached 1,127 in August 2021, according to data released by the Land Registry under Freedom of Information laws last year. That is up from 86 at the start of 2010 – a 1,200 per…

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