If you are an Estate Agent or Lettings Agent you probably already know that you should register with the HMRC in compliance with Money Laundering Regulations.
What many firms don’t know is there is also a requirement to screen clients against the Sanctions list held at HM Treasury. Failure to do this and deal with someone on the list can result in a substantial fine and or prison.
SanctionsSearch.com doesn’t just aid the compliance of Financial Sanctions but incorporating our sister tool ValidID SanctionsSearch also aids in the compliance of Money Laundering requirements.
Most importantly and what is of great benefit to agents is ValidID also provides great tenant screening capabilities, with the inclusion of CCJ Bankruptcy and IVA data ValidID is an excellent credit screening tool which is already used by many lettings agents. Amongst many other features, the tool also provides data on “gone away” and “voters role” so you can be sure that any prospective tenant is providing you with the most up to date address they have.
So if you are looking for a robust and effective tenant screen then SanctionsSearch.com with the incorporation of ValidID is one of the best solutions in the market providing both simple and affordable way of meeting the threshold of tenant screening.