Article 73D55 Wealthy use loophole to conceal value of £300m in Scottish land sales

Wealthy use loophole to conceal value of £300m in Scottish land sales

by
Severin Carrell Scotland editor
from World news | The Guardian on (#73D55)

Prices paid for large estates not being disclosed on official register, land reform advocates say

Land reform campaigners are alarmed at the increasing use of a legal loophole that allows landowners to conceal the price paid for Highland estates from the public register.

Andy Wightman, a land reform analyst, said the loophole meant the prices paid in more than 300m-worth of Highland property transactions were not disclosed on the register.

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