Anti-Money Laundering (AML) Disclosure

Last updated: 11th March 2026

Our Legal Obligations

Davis Properties Yorkshire Ltd t/a DPSH The Estate Agent is committed to preventing money laundering and terrorist financing.

As an estate agency business involved in property sales and/or lettings, we are legally required to comply with the Money Laundering Regulations 2017 and the Proceeds of Crime Act 2002.

These laws require estate agents to carry out checks to verify the identity of their clients and, where necessary, understand the source of funds used in property transactions.

Our compliance is supervised by HM Revenue & Customs.

Identity Verification

Before we can proceed with property transactions, we are required to verify the identity of our clients.

This may apply to:

• property sellers

• property buyers

• landlords

• tenants (where applicable)

• beneficial owners of companies involved in transactions

Identity checks may include:

• photographic identification (such as a passport or driving licence)

• proof of address (such as a utility bill or bank statement)

• company registration documents where applicable

We may use electronic verification systems to confirm identity.

Source of Funds and Source of Wealth

Where required, we may request information about the source of funds used in a property transaction.

Examples may include:

• savings statements

• property sale proceeds

• inheritance documentation

• mortgage approvals

• investment records

These checks help ensure that funds used in property transactions are legitimate.

Customer Due Diligence

We are required to conduct Customer Due Diligence (CDD) before establishing a business relationship or progressing certain property transactions.

In some cases, Enhanced Due Diligence (EDD) may be required. This may apply where:

• higher-risk transactions are identified

• politically exposed persons are involved

• transactions involve certain overseas jurisdictions

Reporting Obligations

If we suspect that a transaction may involve money laundering or criminal activity, we are legally required to report our concerns to the relevant authorities.

We are prohibited from informing clients if such a report has been made.

These requirements arise under the Proceeds of Crime Act 2002.

Data Protection

Any personal information collected as part of AML compliance will be processed in accordance with our Privacy Noticeand the requirements of the UK GDPR.

Information may be shared with regulators or law enforcement authorities where required by law.

Cooperation With AML Checks

We appreciate your cooperation in providing the necessary identification and documentation.

Failure to provide requested information may prevent us from proceeding with a property transaction.

Contact Us

If you have any questions regarding our Anti-Money Laundering procedures, please contact:

DPSH The Estate Agent
Address: 1a Asquith Avenue, Morley, Leeds, LS27 9QA
Email: privacy@dpsh.co.uk
Phone: 0113 2533888