28 May 2025
Sanctions Checks now applicable for all landlords and tenants
Property Management, Residential, SHW News
In the ever-changing world of residential lettings, as of 14th May, Sanctions Checks (SC) now need to be carried out on all tenants and landlords – for every letting and tenancy renewal.
This means the for every new tenancy signed – even for existing tenants - SC will need to be run again for each transaction. In addition, where a landlord is a company or charity, SC now needs to be carried out on all Directors/Owners, trustees or beneficiaries for each letting.
Duncan Bannister, Partner at SHW, says: “The good news is, although time consuming, the process is relatively simple when you know how. So don’t get caught out. Speak to myself or a member of our team if you have any concerns.”
