Will sanctioned property fall into ruin?

2:25 PM, 10th March 2022, 5 years ago 11

So the news is that sanctions have been imposed on some foreign owners of UK property. Presumably, you cannot buy this property from them nor can you pay them rent?

These people will not be allowed into the UK, so they cannot live in their houses?

Will they simply fall into ruin?

Will this mean that some homes and or commercial property will be vandalised?

If a lender has a mortgage on a property will they be able to collect principal and interest payments?

David


Share This Article