New data brings ‘significant operational burden for conveyancers and estate agents’
Original Article Summary
Six in ten purchases require additional checks
PropMatch Curated Analysis
New data reveals 57.7% of UK property transactions now trigger enhanced anti-money laundering checks, creating significant operational burden for conveyancers and estate agents handling property deals.
Investor Relevance
Property investors need to understand that most transactions now face extended due diligence processes, potentially causing delays and additional costs in acquisition timelines, particularly affecting those making multiple purchases or complex deals.
Original Source:
Property Industry EyeStay Updated
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