Money laundering and the law

Transacting on property in the UK is a common method criminals use to launder the proceeds of criminal activity. The sheer size of the property market and the high value of property assets mean that huge amounts of criminal funds can be ‘cleaned’ in a single transaction, making it appear that it has been acquired legitimately.

For this reason, anyone transacting on a property must adhere to Anti-Money Laundering Regulations. It is worth noting that different entities are all required to carry out checks (e.g. us, mortgage lenders, and solicitors). It is worth keeping all your evidence together so that you can easily provide it to anyone who needs to carry out these checks.

You can find more information in our AML Policy.

Please note it is a legal requirement that:

  1. We carry out these checks.
  2. You provide the necessary documentation.
  3. We report it, should you be unable to provide any of the documentation required.

What documents do I need to provide?

That will depend on the nature of the transaction – please select from the drop downs below and we’ll tell you:

Who are you?

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I am selling, purchasing, letting or renting a property in the name of a:

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