Anti-money laundering compliance statement

Honeypie Properties Ltd is committed to preventing money laundering, terrorist financing and the financing of weapons proliferation.

HMRC supervision status: We have submitted an application to HM Revenue & Customs (HMRC) for anti-money laundering supervision as an estate agency business. Our application is currently awaiting a decision. We will update this statement once our registration has been confirmed.

What this means for you

• We verify the identity of every buyer and seller we act for or deal with, and anyone acting on their behalf, before a transaction goes ahead.
• Where a company or trust is involved, we identify and verify the people who own or control it.
• We ask buyers for evidence of the source of their funds, and in some cases the source of their wealth.
• We check clients against UK sanctions lists and screen for politically exposed persons.
• We carry out extra checks where a transaction carries a higher risk.
• We keep records of our checks for 5 years, as the law requires.

Our obligations

We must report any knowledge or suspicion of money laundering or terrorist financing to the National Crime Agency. The law may prevent us from telling you if we've made a report.

We will refuse to act, or stop acting, if we can't complete our checks or if we have concerns.

Questions about this statement can be sent to our nominated officer, Mary Makinde, at admin@honeypieproperties.co.uk.