In the world of estate agency, Anti-Money Laundering (AML) checks are a critical regulatory requirement mandated by HMRC. Without proper AML checks, estate agents can face significant fines and legal repercussions — including financial penalties, criminal charges, and business disruption.
To mitigate these risks, FreeAgent247 has partnered with Lifetime Legal to streamline this process, ensuring compliance while offering additional benefits to both sellers and buyers. The process is quick and user-friendly, allowing transactions to proceed without unnecessary delays.
Additional Benefits with Lifetime Legal
Beyond AML compliance, Lifetime Legal offers a 3-month free membership that includes:
Free Legal Advice
Access to professional legal guidance throughout your transaction.
Will Drafting
Free standard or mirror Will drafting services.
Mover Protection
Financial protection in case a property transaction falls through.
This cover is extendable at an additional cost of £8.99 per month until the transaction is completed.
Mover Protection: A Case Study
One of our clients recently benefited from the Mover Protection service:
“I am pleased to confirm I have received the costs back as of today — just under two weeks from start to finish and easy to use with good communication from the company. Highly recommend.”
This month alone, Lifetime Legal has paid out nearly £35,000 in claims, underscoring the value and reliability of this protection.
Trustpilot Review
“Due to a purchase falling through, I was very glad to have Mover Protection in place. Everything went smoothly, and the process was very efficient. From start to finish, it took just under two weeks to receive the money back. Highly recommend to anyone navigating the sometimes-tricky process of buying and selling property.”
Conclusion
AML checks are essential for maintaining trust and integrity in the estate agency industry. By partnering with Lifetime Legal, FreeAgent247 ensures compliance with HMRC regulations while providing valuable benefits to our clients. The streamlined verification process and additional protections like Mover Protection make the property transaction journey smoother and more secure for everyone involved.