Written Question·Treasury·UIN 67269

Money Laundering: Regulation

Tabled: 11 July 2025

Answered: 21 July 2025

Question

Edward Morello

To ask the Chancellor of the Exchequer, whether she has had recent discussions with property lawyers on the potential impact of anti-money laundering regulations on the homebuying process.

Answer

Emma Reynolds

Under the Money Laundering Regulations, estate agents and legal professionals must apply customer due diligence measures to mitigate the risk that property purchases are used to launder the proceeds of crime. These measures include checking and verifying ...

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