We are legally obliged to comply with the Money Laundering Regulations 2017 (as amended) and the Proceeds of Crime Act 2002 and are supervised by HM Revenue and Customs.
Money laundering is the process used to disguise the origins of funds generated by illicit or criminal activities and making the funds appear to have come from a legitimate source. Property is widely recognised as an attractive target for those wanting to hide the proceeds of crime
In the same way that you are required to prove your identity when opening a new bank account, if you are buying or selling, or letting or renting a property, we’ll also need to see certain documentation. If you do not provide the information and /or documentation we request, unfortunately we will not be able to go ahead with the transaction.
We use Thirdfort to verify your identity. This platform enables a more seamless due diligence process, with the use of your smart phone, you may upload your ID and certified proof of address (if applicable) into our Savills Thirdfort portal.
For more information visit www.thirdfort.com.
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We utilise systems to verify your address. Where it cannot be verified, you may be required to upload a copy of your proof of address. Should this be the case, you can provide a UK photocard driving licence or any of the documents listed in the Non-UK residents section.
If you reside outside of the UK you will be required to upload a certified copy of your proof of address.
Please note we are unable to accept C/O or P/O Box addresses, or insurance certificates as proof of address.
When conducting due diligence on corporate bodies we are required to verify the entity and understand the ownership and control structure. We may need information and documentation from you to do this, for example we may need confirmation of:
Your Savills office contact or our dedicated Compliance team will provide you with a list of requirements based on your specific entity type. We may also require some additional information and documentation to evidence your source of funds and wealth. It's important that you start preparing all of the paperwork as soon as possible to reduce the risk of any delays to the transaction.
Where certification is required for corporate or ID documents, we can consider copies certified by a recognised profession (e.g. solicitor, bank, accountant or notary public). The documents must contain the details of the individual certifying the copy (including name, company and position), their contact details and date of certification.
For certification of ID and proof of address documents only, you may also bring your documents into one of our Savills offices.
For a complete list of acceptable documents and certification guidelines for U.K. Private Individuals download our verification guidance checklist.
Verification guidance checklistIf you have questions on the due diligence process, please first discuss with your Savills office contact. If they can't help, you can contact our dedicated Compliance team at bidding@savills.com
The security of information is very important to us and we have measures in place which are designed to prevent unauthorised access to your personal information. There are strict access requirements in place and access is restricted on a need to know basis. Please see our Privacy Notice for more details on how your personal information will be used: https://www.savills.co.uk/footer/privacypolicy.aspx