Letting Agent Sanctions Reporting

Letting Agents: Ignore the Myths – Know the Real Sanctions Reporting Duties

From 14 May 2025, all UK letting agents had to comply with financial sanctions reporting regardless of rent value. Misleading industry claims about AML burden and added costs miss the point. This isn’t AML; for the vast majority it's about simple in-branch checks using government-provided tools to identify and report sanctioned individuals. Avoiding this compulsory compliance risks serious penalties. Our essential updated article clarifies the obligations and busts the myths. Stay compliant, stay informed: read the full article now.