@contradevian Posted September 10, 2009 Share Posted September 10, 2009 (edited) On BBC London just now. Showed an inspector for City of Westminster. Several properties shown in London prime areas. One worth £20m and vacant for over 7 years. All in the hands of foreign owners who use them as "pawns." One owner was based in British Virgin Islands. It seems the properties are left empty and used for financial manipulation, tax write offs and money laundering. Interesting report. However I wonder if it goes on with more affordable properties? Edited September 10, 2009 by SavingForAShed Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.