Luxury residential properties in Knightsbridge, London. There is now a high likelihood of buyers using UK real estate to disguise illegal activity, up from a medium risk three years ago, the British government said in a recent report assessing money

Investors are not the only ones who are snapping up all the best homes in London.

The UK property market is increasingly a prime target for money laundering, with London’s most expensive homes attracting criminal buyers as a way to hide dirty cash.

Please subscribe or log in to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*
Subscribe now

*Terms and conditions apply.