Extent of IoM property ownership revealed

Overseas property data released

It's been revealed more than one in ten offshore-owned properties in England and Wales is held by an entity based in the Isle of Man.

Analysis by the BBC found of around 97,000 freehold and leasehold buildings owned overseas, almost 11,000 were at a Manx address.

Almost half of them are in London.

The figure puts the Island fourth in a list of territories with large amounts of UK landowning entities.

Only the British Virgin Islands, Jersey and Guernsey hold more.

Since November last year, UK Land Registry data has been freely accessible by the public.

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