Veriphy Offers A Helping Hand To Confused First Time Buyers

Veriphy has responded in graphic form to recent research by Santander which uncovered striking misconceptions and a general lack of knowledge among first-time buyers about the property buying process and its technical terms.


The online AML solutions provider is issuing its estate agent clients with a handy jargon-busting downloadable guide to help clear up confusion and ease the journey towards home ownership.


George Stark of Veriphy said “The research shows that for more than half of people aged between 18 and 40 their biggest aspiration is still to own a property. It also shows that there is a striking lack of knowledge of some common terms that industry professionals might assume to be generally understood.”


“At Veriphy we understand the pressures faced by both agents and first-time buyers”, added Stark, “so this is our way of offering a further helping hand on top of our rapid KYC solutions. We hope our Jargon Buster will solve some of the language barriers and remove a lot of unnecessary worry.”


Veriphy’s 15,000 clients all have access to a full suite of award-winning solutions comprising AML checks on people and companies, online training for all staff members, and a policy document tailored to the firm. The company has been trading since 2007, and is part of the Davies Group of companies.


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