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New Anti-Money Laundering Rules for Landlords: What You Need to Know in 2025

 

 

 

 

The UK lettings sector is undergoing another major shift, this time in the form of stricter anti-money laundering (AML) rules. What once only applied to high-end properties now affects all landlords. At Halle, we’re here to break it down and help you stay compliant. 

 

Why the Changes? 

The property market has long been a target for financial crime, with criminals using lettings to move or conceal illicit funds. In response, the government has expanded AML regulations to close loopholes and increase transparency. These updates now affect not just letting agents, but landlords too. 

 

What Landlords Need to Do Under the New Rules: 

  • Landlords Are Now Within Scope Previously, AML obligations applied mainly to agents handling properties let for over £8,300 per month. Now, all landlords may have responsibilities, regardless of rent level or property type. 
  • Sanctions Checks Are Mandatory Agents must now check both tenants and landlords against government sanctions lists. These checks apply to every new tenancy and must be repeated annually for ongoing tenancies. 
  • Let-Only Arrangements Are a Grey Area If you’ve used an agent to find a tenant but manage the property yourself, it’s unclear who holds AML responsibility. In these cases, we recommend referring to official government guidance, or speaking with a compliance expert. 
  • Agents Handling Rent Are Responsible If your agent collects rent on your behalf, they are responsible for AML compliance. However, landlords should still be aware of when and how checks are being carried out. 
  • There May Be Costs Involved Agents may pass on the cost of AML checks to landlords. These charges vary depending on the provider and the level of service required. 
  • Online Platforms May Require Proof Listing sites like Rightmove and Zoopla may begin asking for evidence of AML compliance before publishing property adverts. Being prepared will help avoid delays. 

 

How Halle Keeps You Compliant 

We’ve already implemented robust AML procedures across our portfolio. When you work with Halle, you can be confident that: 

  • Sanctions lists are monitored and updated regularly. 
  • Tenancy agreements are reviewed to reflect current compliance standards. 
  • You’re kept informed of any changes in regulation, without the stress of managing it yourself. 

 

Final Thoughts 

These new AML rules mark a significant shift in how lettings are regulated. While the changes may feel complex, they’re designed to protect the integrity of the rental market and reduce financial crime. 

At Halle, we’ve already done the demanding work, so you don’t have to. Whether you manage one property or a portfolio, we’re here to ensure you stay compliant, protected, and ahead of the curve. 

If you’d like help reviewing your compliance processes or understanding your responsibilities under the new AML rules, get in touch with the Halle team today. 

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