A little reminder to every investor, landlord and property specialist out there... NAPSA: National Association of Professional Sourcing Agents CEO Tina Walsh has found that 136 sourcing businesses have been fined a combined total of over £1.1 million by HM Revenue & Customs recently for failing to register for AML. The organisation also says that it looked at 500 property sourcing businesses and found that 90% were operating illegally in this way. Investor? If you value your money, only work with the compliant. Sourcer? Join the only association that works directly in conjunction with HM Revenue & Customs and the Information Commissioner's Office. A discounted rate is available via Full Members (me!) Because "I'm Fully Compliant" is just a phrase, their word, their belief. But you don't know what you don't know. And most sourcers know very little... DM me. Article link: https://www.landlordzone.co.uk/news/90-of-property-sourcing-agents-operating-illegally-shock-report-reveals

Posted by James Lovell-Smith at 2025-12-11 15:04:23 UTC