A boutique London law firm that works on some of the country’s most prestigious residential property deals has surpassed a £1 million annual turnover for the first time.
RSL LAW, headquartered on Pall Mall, reported £1.14 million in revenue for the 2024 financial year, alongside nine new hires across conveyancing and client services.
It reflects a sharp rise in demand from overseas and high-net-worth buyers navigating complex funding arrangements.
Founded in 2012, RSL LAW focuses on UK property sales involving non-standard or foreign sources of funds – seen as increasingly high-risk for banks and lenders due to tightening anti-money laundering (AML) regulations and broader geopolitical scrutiny.
“Despite market challenges, the UK is in the midst of a property boom, and our clients want to be a part of that story”, said Tatiana Sharposhnikova, founder and CEO of RSL LAW.
“We’ve built our business around solving problems that others often shy away from.
“Our clients are serious investors, but they need serious, experienced advisers to get deals over the line.”
RSL LAW seen an average revenue increase of 45% year-on-year since 2021, despite rising stamp duty for non-residents and a tightening lending and financial market.
Its recent successes include a permanent UK resident who purchased a leasehold property in London’s prestigious Rainsborough Square, worth almost £4 million.
Because the purchase was funded through a gift from their mother, a well-known businesswoman based overseas, the bank backed out during the process, citing it did not match their so-called ‘risk appetite’.
Tatiana explained: “It was a complex scenario which required a sensitive solution. But that is exactly what we strive to achieve at RSL LAW.
“By restructuring the purchase and securing agreement between several lenders and valuers, we were able to navigate the process smoothly, resulting in our client moving into a beautiful new home.
“Our role is to provide certainty in uncertain situations,” Tatiana added. “We understand the regulatory landscape, and we know how to move fast while staying fully compliant.”
As part of its continued growth strategy, RSL LAW plans to deepen its presence in London’s prime residential sector while expanding its profile as a trusted adviser to foreign investors.
Tatiana continued: “There’s often a public narrative that all overseas buyers are problematic, but many are contributing legitimate, long-term investment to the UK economy.”
“Our established and growing team are proud to play a role in challenging that narrative, and making those transactions happen.”
