Anti-Money Laundering Policy

Protecting Our Clients and Communities

At O'Hara Properties & Estates, we are committed to maintaining the highest standards of professionalism, integrity and compliance.

As a regulated estate agency, we have legal obligations under UK Anti-Money Laundering legislation to carry out identity checks and, where required, verify the source of funds involved in a property transaction. These measures help prevent criminal activity, protect consumers and maintain the integrity of the property market.

While we appreciate that providing documentation may occasionally feel inconvenient, these checks are an important part of ensuring a safe and transparent process for everyone involved.

Why Do We Carry Out Identity Checks?

Estate agents play an important role in preventing money laundering and financial crime.

Before we can proceed with certain transactions, we may be required to verify the identity of our clients and, where applicable, any beneficial owners involved in the transaction.

This may include requesting:

• Proof of identity, such as a passport or driving licence
• Proof of address, such as a recent utility bill or bank statement
• Additional information where required to satisfy regulatory obligations

These checks help us confirm that we know who we are acting for and ensure compliance with UK legislation.

Source of Funds and Source of Wealth

For some transactions, we may be required to obtain information about the source of funds being used to purchase a property.

Examples may include:

• Savings
• Sale proceeds from another property
• Inheritance
• Investments
• Gifts from family members
• Business income

Where appropriate, we may ask for supporting documentation to verify the origin of funds.

In certain circumstances, we may also need to understand the wider source of wealth that has enabled an individual to accumulate those funds.

Electronic Verification

To help make the process as efficient as possible, we may use electronic verification systems to assist with identity checks.

These checks are carried out securely and in accordance with applicable data protection legislation.

Additional documentation may still be requested where necessary.

Our Legal Obligations

Under Anti-Money Laundering legislation, estate agents are required to undertake customer due diligence and monitor transactions where appropriate.

There may be circumstances where we are unable to proceed with a transaction until satisfactory identification or supporting documentation has been provided.

In some situations, legislation may prevent us from explaining the reasons for certain actions or decisions.

Working Alongside Trusted Professionals

As part of the wider O'Hara Group, we understand the importance of professionalism, compliance and protecting our clients' interests throughout the property transaction process.

Our commitment to transparency and regulatory compliance helps ensure that buyers, sellers and all parties involved can move forward with confidence.

Questions About Our AML Procedures?

If you have any questions about our identity verification requirements or Anti-Money Laundering procedures, our team will be happy to assist.

O'Hara Properties & Estates
69–71 London Road
Waterlooville
Hampshire
PO7 7EX

Telephone: 02392 259822
Email: enquiries@oharaproperties.co.uk

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Last Updated

June 2026