AML Compliance Services for Estate and Letting Agents
AML Compliance for Estate Agents, Letting Agents, & Property Management Companies
Stay Compliant with New HMRC AML Rules
Are you an estate agent, letting agent, or property management company looking to meet your anti-money laundering (AML) and financial sanctions reporting obligations? New regulations coming into force in May 2025 means that financial sanctions reporting obligations will be applicable to your firm and would require you to be registered with either HMRC or the FCA to remain fully compliant.
At Alumni Compliance, we provide expert AML compliance services for estate agents and property firms, helping you secure your mandatory registration, prepare for audits, and protect your business from regulatory risks. Our tailored solutions ensure you stay compliant, confident, and ready for the evolving UK AML landscape.
AML Compliance Services for Letting Agents & property management companies
From 14 March 2025, all UK letting agents and property management companies involved in letting agency work will be designated as a “relevant firm” and should register for financial sanctions reporting and for Anti-Money Laundering (AML) supervision with HMRC, irrespective of the value of the the rental agreement.
Under updated Money Laundering Regulations (MLRs), financial sanctions reporting obligations will apply to letting agents and property management companies. Furthermore, in relation to AML, businesses can no longer start operating while their registration is being processed — firms must be fully registered and supervised beforehand or risk trading illegally, facing substantial fines, penalties, or even criminal prosecution.
At Alumni Compliance, we help estate agents, letting agencies, and property management companies achieve full financial sanctions reporting and AML compliance. Our experts guide you through the HMRC registration process, develop tailored AML policies, conduct comprehensive risk assessments, and ensure audit readiness. With international pressure mounting on the UK to strengthen real estate anti-money laundering controls, securing your registration is vital for staying compliant, protecting your business, and maintaining client trust.
We provide expert support to help you navigate the complex world of anti-money laundering regulations:
HMRC AML Registration: Complete support with applications, documentation, and submission.
Annual Return Filing: Timely and accurate submissions to keep you compliant year-round.
Internal AML Audits and Reviews: Identify and resolve any compliance gaps before they become issues.
Custom AML Policies, Risk Assessments, and Procedures: Tailored to your business size and risk profile.
Staff Training: Practical, regulator-ready AML training delivered online or onsite.
Whether you are setting up a new agency or strengthening an established firm, we offer bespoke compliance solutions designed to protect your business and reputation
Urgent Regulatory Update for Property Businesses — May 2025
Effective 14 May 2025, letting agents and property managers will be classified as “relevant firms” under the financial sanctions regulations. This change significantly broadens the scope of reporting obligations, which were previously limited to letting agency work involving rental agreements exceeding €10,000. Moving forward, all letting agents, property management companies, and estate agents must comply with financial sanctions reporting requirements, irrespective of the rental value.
Under the new regulations, you will be legally required to:
-
Continuously monitor financial sanctions lists,
-
Promptly report any suspected breaches, and
-
Maintain comprehensive records of all checks and reports.
Failure to meet these obligations may result in substantial penalties, enforcement action, and significant reputational harm.
Alumni Compliance is here to help. We can assist you in preparing well ahead of the deadline, ensuring your systems, controls, and processes fully align with the new regulatory expectations. Take proactive steps now to safeguard your business and maintain regulatory confidence. Contact us today to discuss how we can support your compliance journey.
Why Choose Alumni Compliance?
Specialist AML Knowledge
Experts in AML and financial crime compliance with deep FCA experience
Full-Service Registration
We handle the end-to-end process, so you don’t have to
Proactive Ongoing Support
Regular updates to your AML framework to keep pace with regulatory changes
When you partner with Alumni Compliance, you get more than a service — you get a trusted compliance partner dedicated to protecting your business.
How We Help with HMRC AML Registration for Property Firms
At Alumni Compliance, we offer comprehensive end-to-end AML registration services specifically designed for estate agents, letting agents, and property management companies. Our team begins by carrying out a full eligibility assessment, providing clear guidance to ensure your business meets HMRC’s anti-money laundering supervision requirements. We handle the preparation and submission of your HMRC registration application, saving you time and reducing the risk of errors or delays.
As part of our service, we draft and update bespoke AML policies, internal controls, and compliance procedures tailored to your operations. We also deliver specialist AML training designed for estate agents, letting agents, and property managers, ensuring your staff understand and meet their regulatory obligations. To maintain your ongoing compliance, we provide regular health checks and monitoring services, helping your firm stay fully aligned with HMRC standards.
At every stage, we make the AML compliance process simple, efficient, and stress-free — allowing you to focus on serving your clients and growing your business with confidence, knowing your regulatory responsibilities are fully taken care of.
More information and support for money laundering supervision for letting agency businesses can be found here.
Get Compliant Today
Don’t risk fines, penalties, or regulatory action. Contact Alumni Compliance now for confidential, expert advice on HMRC and FCA AML registration for estate agents, letting agents, and property management companies. Stay ahead of regulatory changes with Alumni Compliance — your trusted AML partner for the property sector.