Compliance & Regulations

At SPH Property Sourcing, we believe it is essential not only to meet legal obligations, but also to operate in a consistently ethical manner. With guidance and support from NAPSA and the other sources below, we're able to remain compliant with legal, regulatory and industry requirements.

NAPSA

Compliance is at the core of our property sourcing business. As such we are an approved member of the UK's National Association of Professional Sourcing Agents (NAPSA).

NAPSA's goal is to help, support and guide property sourcers to ensure they operate in a compliant and professional manner. Investors can use NAPSA's website to find and contact compliant and credible sourcing agents, like us.

We use NAPSA because it provides a platform for us to demonstrate our credibility and professionalism to investors.

Click to view our NAPSA profile.

HMRC AML Regulations

HMRC Anti-Money Laundering (AML) regulations require all sourcing agents to register with HMRC. Agents must carry out strict due diligence on all clients before carrying out any business with them. We are therefore registered and incorporate these requirements into our day-to-day activities.

Property Redress

We are a member of the government approved Property Redress organisation, giving peace of mind to our investors. Property Redress offers support to sourcing agents and their clients when resolution is needed. Property Redress advises clients follow an agent's complaints procedure.

Click to go to Property Redress.

ICO Data Privacy

As we are handling personal data it is essential that we are compliant with UK data protection privacy laws. Personal data provided to us will be stored on an encrypted data storage platform in accordance with the UK data privacy law.

Trading Standards

All material information on the sale of a property is required. We follow guidance laid down by the National Trading Standards Estate and Letting Agency Team (NTSELAT) to gather information on a potential investment property. This enables us to provide detailed Deal Introduction Packs for our clients.

Read our blog post about Compliance.