Veriphy Offers A Helping Hand To Confused First Time Buyers

September 20, 2019

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.

 

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Estate Agent Talk

Propertymark urges households to check carbon monoxide alarms and heating systems

As temperatures drop and households across the UK rely more heavily on boilers, gas fires, and open flames, Propertymark is urging everyone to take simple steps to protect themselves from the dangers of carbon monoxide (CO), the “silent killer.” Carbon monoxide has no smell, taste, or colour, yet even small amounts can cause a serious…
Read More →
Estate Agent Talk

Autumn Budget 2025: Key advice for homeowners, buyers and landlords

The UK’s Autumn Budget delivered several headline-grabbing policies that will directly shape the future of the housing market. While initial reactions ranged from concern to confusion, property experts say the sector should take a measured, informed view, particularly as many changes won’t take effect for several years. From understanding who is going to face implications,…
Read More →
Estate Agent Talk

Choosing the Right Apartment Size in Centennial

Finding the right apartment size is one of the most important decisions renters make when moving to Centennial. Whether you’re new to the area or relocating within the Denver metro, choosing the correct floor plan can shape everything from your daily comfort to how well the space fits your lifestyle. Many renters begin their search…
Read More →
Breaking News

Top tips to dent curb appeal

Top tips for high-net worth homeowners to dent curb appeal and dodge mansion tax The latest analysis by London lettings and estate agent, Benham and Reeves, has revealed how high net worth homeowners could, in theory, dent the curb appeal of their property in an attempt to mitigate the impact of last week’s Budget announcement,…
Read More →
Breaking News

Half of borrowers want two-year fixed mortgage deals

New data from Moneyfactscompare.co.uk shows that: Nearly half (49%) of borrowers comparing mortgage deals in November 2025 were considering two-year fixed-rate options. This shorter-term deal was favoured by first-time buyers (70%) and remortgage customers (62%), while second-time buyers showed more variation, with 45% leaning towards five-year or longer terms. Despite higher overall mortgage rates, 7% of…
Read More →
new build homes colchester essex
Breaking News

Build to rent completions continue to rise at pace

New analysis from Property Inspect, a leading provider of inspection and compliance technology, reveals that the UK’s build to rent (BTR) sector with over 3,700 new units completed in the last quarter alone, but with the number of units under construction falling -12.5% on the year, is the supply pipeline about to dry up? Property…
Read More →