How to comply with the Money Laundering Regulations (estate agents)

From 18 November 2025, identity verification will become mandatory for the incorporation and appointment of new directors and people with significant control (PSCs). Companies House is encouraging individuals to verify their identities as early as possible.

A BBC investigation has revealed that criminals used the UK Government’s unclaimed estates list to commit probate fraud. The list, published on the Gov.uk website, included details of around 6,000 estates left by people who died without a will or known heirs. It was taken offline in July 2025 after evidence showed fraudsters used it to submit fake wills and claim millions of pounds in assets.

Propertymark has submitted a detailed response to the Scottish Parliament’s Finance and Public Administration Committee as part of its call for views on the proposed Building Safety Levy (Scotland) Bill. While we support the principle of improving building safety, we are concerned that the Bill, in its current form, risks worsening Scotland’s housing emergency and unfairly penalising responsible developers.

The Building Safety Levy (England) Regulations 2025 have been laid before Parliament, marking a significant step in the UK Government’s ongoing effort to secure swift remediation of buildings with historical safety defects. Subject to approval, the Levy will be charged to developers and used to pay for the remediation of building safety defects, protecting leaseholders from those costs, and is expected to raise £3.5 billion over ten years.