Anti-Money Laundering Compliant
Safe and Legal Property Services At Avery Residential, we take our responsibilities seriously—not just to our clients, but to the wider community.
As a leading estate and letting agent in Birmingham and London, we’re fully compliant with HMRC’s Anti-Money Laundering (AML) Supervision under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. Every transaction we handle—whether you’re buying, selling, or renting—is secure, transparent, and above board.
How We Stay AML Compliant
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Registered with HMRC: We’re proudly registered with HMRC for AML supervision, a legal requirement for all estate and letting agents
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Customer Due Diligence: Before any transaction, we verify your identity using official documents (like passports or utility bills) and, where needed, check the source of funds to maintain compliance.
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Risk Assessments: We’ve conducted a thorough, written risk assessment tailored to our business, identifying potential money laundering risks (e.g., cash-heavy deals or overseas buyers) and putting robust controls in place to mitigate them.
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Staff Training: Our team—from sales negotiators to property managers—is trained to spot suspicious activity, like unusual payment methods or rushed high-value deals.
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Record-Keeping: We maintain detailed records of all checks and transactions.
What This Means for You
For buyers, sellers, landlords, and tenants, our AML compliance is your assurance that Avery Residential operates with integrity. We’re not just ticking boxes—we’re actively preventing money laundering, which keeps the property market safe and fair for everyone. Our processes might mean a few extra questions upfront, but it’s worth it to protect your investment and our reputation.
Why We Go the Extra Mile
The UK property market is a target for financial crime, with billions in suspicious funds flagged in recent years. By adhering to HMRC’s strict standards, we’re doing our part to stop that. It’s why we’ve earned a 5-star Trustpilot rating—clients like you trust us to get it right. Need to know more? Get in touch to get your AML questions answered by our friendly team.