Anti-Money Laundering Document Requirements

The industry in which APW Property operates is subject to the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 and all subsequent directives. Accordingly, APW Property have a legal obligation to ascertain the beneficiaries of our business transactions through due diligence and as such, our clients will be asked to provide supporting documentation upon instruction. This enables us to identify who we are transacting with, and if necessary the source and destination of the funds changing hands. This process will be carried out on all sellers and buyers, and where applicable on landlords, tenants and guarantors (Where the monthly rent of an individual property yields an income of £8,000.00 or greater). We will not accept the instruction of those who refuse to comply.

We will require sight of primary and secondary identification documents. (The same ID document(s) cannot be used as a primary and secondary document even if it appears on both lists).

In the event that we are instructed to let or sell the property by a client that is not an individual, further documentation will be required as set out below.

Please note that in all cases, we will not accept documentation outside of its valid dates.