David Cameron will call for an end to corrupt property dealing during Singapore visit

The Prime Minister's main focus is on tackling illicit financial flows into British property, particularly from foreign companies. He has been announcing measures to combat corruption for two years, emphasizing the need for clean money in the UK. The influx of dirty money is believed to be distorting the property market, driving up prices, and making areas like Westminster and Kensington unaffordable for many Londoners. The government plans to increase transparency by publishing information on property owned by foreign companies and consulting on further measures. Estate agents face challenges in identifying suspicious funds from overseas. The PM chose Singapore, known for its anti-corruption efforts, to announce these initiatives.

What is the Prime Minister's main goal regarding financial flows into British property?

• To encourage more foreign investment

• To reduce the number of foreign investors

• To ensure all investment money is clean

• To increase property prices

How does the National Crime Agency view the impact of money laundering on the UK property market?

• It reduces property prices

• It distorts the market and drives up prices

• It helps stabilize the market

• It has no significant impact

What is one of the challenges estate agents face when dealing with overseas property purchases?

• High competition from local buyers

• Difficulty in tracking the source of funds

• Too many regulations

• Lack of interest from foreign buyers

What new measure will the Land Registry implement to increase transparency?

• Publishing information on property owned by foreign companies

• Reducing property taxes

• Limiting foreign ownership

• Increasing property prices

Why did the Prime Minister choose Singapore for his announcement?

• It is a popular tourist destination

• It is a major financial hub

• It has a large British expatriate community

• It has a good track record for fighting corruption