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Revealed: The areas of England and Wales with the most Russian-owned property

The number of properties across England and Wales owned by individuals based in Russia has rocketed in recent years, figures show.

Thursday, 10th March 2022, 3:47 pm

There are more than 1,000 properties in England and Wales owned by people based in Russia, figures show.

And while many are in London, there are also plenty in other major cities and tourist destinations.

The Centre for Public Data obtained the figures on overseas ownership from the Land Registry using Freedom of Information laws.

The number of properties across England and Wales owned by individuals with a correspondence address in Russia has rocketed in recent years, increasing 13-fold between January 2010 and August 2021.

There is no suggestion that any of these people have links to the Putin regime.

But the war in Ukraine has brought renewed focus on Russian-owned property and other assets in Britain.

The UK government today announced it was freezing the assets of seven oligarchs, including Chelsea FC owner Roman Abramovich.

It has forced a halt to Abramovich’s attempts to sell the club. He had said proceeds from the sale would be donated to victims of the war.

A further group of Russia-based oligarchs close to Putin have also been placed under sanction.

Foreign Secretary Liz Truss said: “Today’s sanctions show once again that oligarchs and kleptocrats have no place in our economy or society. With their close links to Putin they are complicit in his aggression.

“The blood of the Ukrainian people is on their hands. They should hang their heads in shame.

“Our support for Ukraine will not waver. We will not stop in this mission to ramp up the pressure on the Putin regime and choke off funds to his brutal war machine.”

Opposition leader Keir Starmer had been among those pushing for further sanctions, saying: “For too long our country has been a safe-haven for the money that Putin and his fellow bandits stole from the Russian people.”

Here are the areas with 30 or more properties registered to individuals with a correspondence address in Russia.

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