Changes were made to the Money Laundering Regulations on 26 June 2017 placing a legal requirement on Estate Agents to verify the identity of all sellers at the point of instruction. We will not be able to enter a business relationship with a seller until we have satisfactorily completed an Anti Money Laundering Check.
We do this by requesting that you provide approved documents to confirm your name and residency address. These documents will be retained for a period of 5 years in line with these regulations. We will discuss with you the documents which we can accept and the process that you will need to follow.
Anti money laundering checks are also carried out on property buyers. We cannot qualify an offer on a property without carrying out an anti money laundering checks on all property purchasers.
Please understand that we will not be able to issue a Memorandum of Sale until we have completed our checks.
If you have any further questions please contact the team on: