Anti-Money Laundering (AML)
Buying a Home
We require for each person involved in the transaction one form of original identification in the form of a Passport or a Driving Licence or European ID card. We also require one original proof of address documentation. This must be something which has been posted to you. This can be a utility bill (not a mobile phone bill), letter from a government department, Council Tax demand or statement, most recent mortgage statement from a recognised lender, buildings or contents insurance certificate or cover note or a bank/building society statement which shows your name and address on it and which is dated within the last 3 months. If you can post or email copies we can arrange a video call with you to confirm your identity .
PURCHASING A PROPERTY
Kindly provide proof the source of funds for your contribution towards the purchase price. Kindly advise us if these funds are coming from your Sale Transaction and if we are also acting on your behalf in this matter. We need you to provide bank statement(s) which show 3 months worth of transactions and which shows your name and address on the statement. If you have transferred any funds from other bank accounts within the last 3 months we will need to see statements from these accounts also. If the amount your are paying exceeds £10,000 we will require 6 months bank statements. We may ask for more information to explain large deposits made within that period. Prior to settlement we will require you to show us a copy of the transfer from the account we have verified showing the funds being transferred to our bank account.
GIFTOR PROOF OF FUNDS AND IDENTIFICATION
If you have obtained funds from a 3rd Party being a gift from a family member we require you to please ask your Giftor to provide bank statements showing the last 3 months of transactions from the account in which the funds are coming from and the statement must show the funds moving from their account into your account. You must also send us a copy of your bank statement which shows the funds going into your account. We will also require the same Identification documentation as stated above for the giftor.