The introduction of a public register in the UK in 2021 is raising concerns within the property industry, reports the South China Morning Post (8 February 2018). The main use of the public register is to disclose the identities of the ultimate buyers of UK property who use offshore companies, and real estate experts are apprehensive over potential privacy issues that may arise from such public accessibility of personal information. Carrie Law, CEO of Juwai.com, a Chinese international real estate portal, believes the register should not be made public because information about property ownership could set the safety of some people at risk, and should be protected like tax data instead.
