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The Compliance Deadline is Approaching

Effortless Compliance for Letting Agents

New financial sanctions regulations come into effect on 14th May 2025. Failure to comply could result in fines of up to £1 million, criminal prosecution, and serious reputational damage.

Compliance doesn’t have to be complicated. Smart Compliance streamlines the process with a fully managed service designed to support your OFSI (Office of Financial Sanctions Implementation) obligations at no cost to you. This allows you to focus on what you do best, growing your business and securing tenancies!

Effortless Compliance for Letting Agents

New Lettings Law 2025

What Letting Agents Need to Know

From 14th May 2025, letting agents will face new legal obligations, requiring enhanced due diligence on every new let and re-let, regardless of rental value.

The key checks include:

  • Verifying photo ID and proof of address
  • Confirming property ownership through title deed checks
  • Screening for politically exposed persons (PEPs) and financial sanctions
  • Carrying out additional checks for company ownership, trusts, or care home arrangements

Smart Compliance makes it simple. Click the video to watch a short explainer on the changes and how we can help you stay compliant.

Understanding the New Regulations

How We Help You Meet OFSI Compliance Standards

Many tenant referencing companies already conduct sanctions checks on tenants, but landlords require a dedicated financial compliance solution. Smart Compliance ensures full OFSI compliance through an easy-to-use, fully managed service that eliminates compliance risks.

Sanctions Checks

Screening landlords against the UK sanctions list

Flagging Designated Individuals/Entities

Identifying and reporting relevant parties to OFSI

Enhanced Due Diligence (EDD)

Specialist support for high-risk cases, such as non-UK residents, company lets, or trust-held properties

Legally Compliant Documentation

Ready-to-submit reports that meet OFSI regulations

Ongoing monitoring

Ongoing screening to ensure continued compliance. If any current landlords are subject to sanctions, we’ll flag them so you can report them to OFSI.

Retrospective checks

Retrospective sanctions checks on all current landlords free of charge. These clients will then be included in ongoing monitoring, also at no cost.*

*Terms and conditions apply

Exclusive Client Benefits

Complimentary Legal Membership & Financial Protection

After completing checks with us, landlords receive a 3-month complimentary Lifetime Legal Membership, including:

Wills & Estate Planning

A complimentary standard or mirror Wills, including free updates as circumstances change, and unlimited expert inheritance planning advice for optimal estate distribution.

Legal Advice

Unlimited, impartial advice on a wide range of legal matters through our helpline, staffed by expert solicitors.

Lasting power of Attorney

Secure your future with our fixed-rate Lasting Power of Attorney. Appoint a trusted person to manage your affairs if you’re ever unable to do so.

Mover Protection

Get reimbursed for your moving expenses if your property transaction has failed through no fault of your own. Terms and conditions apply.

Member Benefits

A comprehensive package of legal services, plus, discounts and rewards on global brands!

Tax Advice

Expert guidance to reduce tax liabilities and maximise property income.

Wills & Estate Planning

A complimentary standard or mirror Wills, including free updates as circumstances change, and unlimited expert inheritance planning advice for optimal estate distribution.

Save Time

Outsource and automate admin-heavy compliance tasks and focus on building client relationships and closing sales

Improve Client Satisfaction

Deliver a streamlined experience that exceeds client expectations, leaving clients delighted with your service.

Pre-Filled TA6 & TA7 Forms

Ready-to-sign documents are generated automatically when offers are agreed.

Property Information Questionnaire

A document to provide detailed property information, giving buyers a clear and comprehensive overview upfront.

Direct PDF Links

Share compliance-ready documents with your property listings.

Get Ready for the Compliance Deadline

Smart Compliance simplifies the process and helps you stay on top of OFSI regulations. Get ahead of the deadline, schedule a meeting to see how we can support you.

Book a Meeting

Why Choose Smart Compliance Plus?

Unlock the Benefits of Upfront Material Information

Reduce Fall-Throughs

Provide buyers with comprehensive property details upfront, allowing them to make better-informed decisions

Save Time

Outsource and automate admin-heavy compliance tasks and focus on building client relationships and closing sales

Improve Client Satisfaction

Deliver a streamlined experience that exceeds client expectations, leaving clients delighted with your service.

Smart Compliance Plus ensures you meet National Trading Standards’ requirements for Parts A, B, and C of Material Information:

Part A: Core Details

Key facts that must be disclosed for all properties, such as:

  • Asking price
  • Council tax band
  • Tenure (freehold, leasehold, or commonhold)

Part B: Property and Utility Details

Practical information about the property, including:

  • Property type and room sizes
  • Utilities (e.g., heating type)
  • Parking arrangements

Part C: Specific Disclosures (If Applicable)

Property-specific details, such as:

  • Building safety issues (e.g., cladding)
  • Planning permissions or restrictions
  • Environmental risks (e.g., flood zones)
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