Are you risking prosecution? Money laundering is a dirty business.

March 18, 2019

As I was browsing LinkedIn today I see a promoted post from the UK Home Office:

“Are you risking prosecution? Money laundering is a dirty business. Do your due diligence and submit a SAR if you are suspicious.”

As the lies and false promises flood out from our government relating to Brexit, we are still being reminded of what many of us had naively voted them in for – tidying up the illegal practises and dealings, especially within business.

Kicking out any bad practises within the UK property industry I at least put my hands up to support, no matter who the government is, and it seems the government are investing in helping towards this cause.

The official gov.uk website shares:

“Criminals employ a range of techniques to clean their “dirty money”. Professionals working in the accountancy, legal and property sectors are being targeted  because of their expert skills and services (National Risk Assessment 2017), which can give a cloak of legitimacy to illicit cash. This gives professionals a crucial role to play in protecting the UK’s economy, and wider society by reporting suspicious activity.”

 

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Breaking News

Breaking Property News 7/5/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   The Hidden Economics of AI Agents: Why Businesses May Spend More Than They Ever Did on SaaS AI agents are rapidly being positioned as the next evolution of enterprise software. The problem is that many companies are still evaluating them through a SaaS lens…
Read More →
Estate Agent Talk

£15m property market accounts for 0.04% of all homes

The latest analysis from AgentWise has found that while more than 30,000 homes are currently for sale across Great Britain with an asking price between £1m and £5m, properties priced above £1m account for just 6% of all available housing stock, with the market becoming dramatically smaller and increasingly relationship-led as values rise. With so…
Read More →
Home and Living

Beware of the underinsurance risk created by property alterations

Property owners are being warned that while alterations may well improve a building, they can also change its rebuild cost. Where works materially affect a building’s size, layout, specification or services, the amount it is insured for may need to be reviewed, as a matter of urgency, according to experts at RebuildCostASSESSMENT.com “It’s a common…
Read More →
Breaking News

One in four prospective sellers pull plans to move

The latest research by GetAgent has revealed that a proportion of home sellers are rethinking their plans in 2026, with almost a quarter (24%) no longer intending to sell in the near future, while a further 27% say they still plan to move but are far less certain than they were at the start of…
Read More →
Rightmove logo
Breaking News

Rightmove launches new marketing campaign to help movers see what’s possible

Rightmove, the UK’s largest property platform, is launching a new brand campaign designed to support agents by driving confident, better-informed home-movers to their properties.   Launching on 8th May, the multi-channel campaign targets all home-movers. It aims to inspire confidence to make their move, helping them to better understand what they can afford, using Rightmove’s…
Read More →
Breaking News

Rural housing markets in full bloom

Rural housing markets in full bloom with price growth of up to 9.6% Countryside locations outperforming urban areas and the overall national average   As the country basks in spring sunshine, it comes as no surprise that new research from Yopa has revealed rural housing markets are enjoying hotter market conditions than their urban counterparts, with…
Read More →