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by Simon Barnes

South China Morning Post (August 2015): UK agents mixed on Cameron pledge to get tough on dirty property money

SOUTH CHINA MORNING POST – 5 August 2015: While agents are mixed on PM David Cameron’s crackdown, all agree impact will be limited

Simon Barnes said the money to buy property in the capital and the rest of Britain comes from legitimate sources, is verified by lawyers and banks and the buyer’s credentials checked by the buying agent or estate agent.

“You cannot approach a buying agent with a suitcase full of cash and expect to be able to buy a London mansion. It is quite wrong to suggest that the property market in propped up by dodgy deals and illegitimate money,” he said.

READ FULL ARTICLE ON SOUTH CHINA MORNING POST WEBSITE

Filed Under: Press Tagged With: South China Morning Post

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