Anti Money Laundry

Money Laundering Regulations 2017 

Like all Estate Agents, Masarani Properties must comply with the Money Laundering Regulations 2017. Consequently, we must collect and retain identification and proof of address for all our customers. Furthermore, we need to determine if there are beneficial owners acting behind a transaction or activity, and so we will ask you to identify any individuals you deem to be beneficial owners. Additionally, we may inquire about the source or destination of funds when necessary. Without this information, we cannot proceed with any services on your behalf.

Below is a list of acceptable identity documents. We require the presentation of all original or certified documents. Depending on your individual circumstances, Masarani may contact you for additional or alternative documentation.

Individual identity documents.

Masarani Properties requires one document from List A and one document from List B.

LIST A - IDENTITY DOCUMENT

Current signed passport

Valid UK driving licence

EEA member state identity card

LIST B - PROOF OF ADDRESS

UK/EU/EEA Drivers Licence (if UK Drivers Licence not used as ID)
Must be valid, not expired. Photo only. Full or provisional.

Bank, Building Society or Credit Union Statement
Dated with 3 months. Must include account number and show recent activity. No general correspondence.

Credit Card Statement
Dated within 3 months. Must include account number and show recent activity. No general correspondence.

UK, EU, EEA Mortgage statement
Dated within 12 months. Must show account number. No general correspondence.

Utility Bill
Dated within 6 months E.g. Gas, electricity, water. Must show address for service and/or account number. No general correspondence.

Telephone Bill
Dated within 6 months E.g. Landline or mobile pay monthly (excluding pay as you go). Must show address for service and/or account number. No general correspondence.

Council Tax
Dated within 12 months. Must show address for service and/or account number. No general correspondence.

Tenancy Agreement
Dated with 12 months. Must state full name and full property address. Issued by local council, housing association, solicitor or reputable letting agent.

Benefits Entitlement Letter
Dated within 12 months. Issued by DWP or Jobcentre plus. Must confirm benefit payable at time of issue. E.g. Pension, disability, single parent, housing etc.

HMRC Tax Notification
Dated with 6 months. Must state national insurance number and tax calculation. No general correspondence.

Home or Motor Insurance Certificate
Dated within 12 months. Must state insured address or registered address for vehicle and policy number. No general correspondence.

UK solicitors letter confirming house purchase/land registration
Dated with 3 months. Must state full name of new proprietor and full property address.

NHS Medical Card or letter from GP confirming registration
Dated within 3 months. Must state individual’s date of birth and NHS number. No general correspondence.

Official confirmation of Electoral Register entry or official poll card
Dated within 12 months. Must state full name and full address. No general correspondence.

Police Registration Certificate
Dated within 12 months. Must state the full residential address of the individual.

Probate

If you are acting as a Representative of an Estate we require the following:

Grant of Probate (if a will was left)

Letter of administration (if no will left)

Individual identity evidence from List A & B for the Personal Representative, either executor or administrator

Limited company

If you are acting as a Representative of a UK Company we will also require the following:

Certificate of Incorporation

Articles of Association

Memorandum of Association

Latest Annual Return or Confirmation Statement, with details of current company officers

If offshore, nominee director declaration and a general power of attorney

Individual identity evidence from List A and B for all individuals or entities with 25% or more of the shares or voting rights in the company

If you are acting as a Representative of an Offshore Company we will also require the following:

Certificate of Incorporation

Articles of Association, Memorandum of Association, Latest Annual Return with details of current company officers, Share Certificate(s) showing the Ultimate Beneficial Owner OR

Certificate of Incumbency

If the shares are owned by another company, repeat steps above for the holding company

Nominee director declaration and/or general Power of Attorney (if applicable)

Individual identity evidence from List A and B for all individuals or entities with 25% or more of the shares or voting rights in the company

Trust

If you are acting as a Representative of a Trust we require the following:

Trust deed

List of trustees

List of beneficiaries

Individual Identity evidence from List A & B for all individuals with a vest interest in 25% or more of the capital and/or those who exercise control over the Trust

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