To legally source investment properties in the UK for investors, there is a massive amount of compliance requirements. This short presentation provides an introduction.

1. Compliance
in
Property Deal Sourcing
Ian Griffin – Sourced4You

2. Sourced4You
 Highly Regulated in the UK
 Coronavirus – Threat or Opportunity ?
 On-Line Training Course – An Opportunity
 Upgrade my Skillset
Business Opportunity
 Works with every property strategy

3. Non-Compliance
Minor Breach: £1500 + £350
Major Breach: Five years in Prison
Registered with HMRC Anti-Money
Laundering protocol – Legal Requirement
Compliance

4. Registration Process
HMRC AML Registration
Companies House - SIC Codes 68310 & 68320
Redress Scheme Registration
The Property Ombudsman (TPO) or Property Redress Scheme (PRS)
Information Commissioners Office (ICO)
Public Liability & Professional Indemnity Insurance

5. HMRC AML Registration
Apply for DBS (Disclosure & Barring Service) Certificate
Complete the Application Form & Pay the Registration Fee
Find a specialist Accountant (AML Supervisor)
Complete an Accredited Training Course (86 Slides & Pay for it)
The Trainer Certifies your Application
Application is approved – Registration No. Issued.

6. HMRC AML Procedures
Financial Management Procedures
More Insurance!
Investor Due Diligence
The Legal Requirements continue

7. Q&A’s