Letting-agent compliance
Identity-linked AML, PEP and sanctions screening is included in one complete tenant reference, so you can review financial-crime indicators alongside the applicant's wider evidence.
£29 total per applicant, including VAT. No subscription.
Included in the reference
The applicant completes a secure identity journey. Available screening indicators are linked to verified identity details and presented with the wider tenant-reference result for review.
The reporting change
On 14 May 2025, letting agents carrying out defined letting agency work became relevant firms for UK financial-sanctions reporting. When information obtained in that work means they know or have reasonable cause to suspect that a person is designated or has breached financial sanctions, relevant firms must report specified information to the Office of Financial Sanctions Implementation (OFSI) as soon as practicable.
Those reporting obligations have no monetary threshold. Official guidance does not require letting agents to screen every landlord and tenant against a sanctions register; screening is a practical way to support proportionate controls and identify findings that may need review.
Read the current official guidance: Financial sanctions guidance for letting agents.
Last reviewed: 20 August 2026
This information is not legal advice. Letting firms should assess their own obligations and seek professional advice where needed.
Three distinct concepts
The screening result supports a firm's controls, but each obligation still needs to be considered on its own terms.
Identity-linked screening can surface possible UK sanctions indicators and support compliance. Any decision about whether a finding must be reported to OFSI remains the letting firm's responsibility, with legal advice where appropriate.
Financial sanctions guidance for letting agentsPEP status is not proof of wrongdoing. It is a risk indicator that may require proportionate review of the person's role, relationship and surrounding context.
UK Financial Sanctions FAQsFinancial-sanctions reporting is separate from the wider Money Laundering Regulations and their applicable high-rent scope. Firms within that scope must consider the relevant AML requirements independently.
HMRC letting-agency AML risk guidanceProduct scope
The current product is applicant-focused. The scope depends on whether the person is a prospective tenant or a guarantor.
The complete tenant-reference product includes identity-linked AML, PEP and sanctions screening for the prospective tenant.
Guarantor suitability includes identity-linked AML, PEP and sanctions screening. Right to Rent is not required for guarantors.
Letting agents should consider their own obligations and customer-risk controls. This £29 applicant product screens prospective tenants and guarantors; it does not screen a landlord as a separate service.
Current screening coverage
The secure Yoti identity journey provides verified identity details for available provider screening. The current data scope can include PEPs, sanctions, adverse media and other available financial-crime indicators.
Coverage depends on the provider data available for the applicant and the details supplied. The result reflects the screening performed for that reference and should be reviewed in context.
£29 per applicant, VAT included.
Illustrative result states
The examples below explain possible result states. They do not describe a real applicant or a specific database finding.
No potential indicator was returned for the identity details screened at that point. This is not a guarantee of future status.
A potential match is not an automatic failure. Available identity and supporting match details need operator review before a decision is made.
The returned information is not sufficient for a clear resolution and must be considered with the applicant's wider evidence.
One complete reference
The price is £29 per applicant including VAT. Each component follows the appropriate secure workflow; the wider checks do not all take place in the identity session.
From order to report
One applicant journey brings the available screening result into the complete reference.
Provide the applicant and property details and pay the one-off fee.
Verified identity details support the linked screening process.
Potential findings are considered in context rather than treated as an automatic decision.
The available outcomes and evidence are brought together in the final report.
Evidence for review
The report records the screening status, the identity details used and available supporting result detail. Potential findings remain clearly marked so the operator can see what needs review and retain the resulting evidence with the applicant report.
Your firm remains responsible for interpreting the result, deciding whether further checks are proportionate and meeting any reporting or legal duties. The service does not submit regulatory reports or make legal decisions on your behalf.
Common questions
Relevant-firm reporting obligations for letting agents began on 14 May 2025. From that date, relevant firms must report specified financial sanctions information encountered in the course of their business.
Official OFSI guidance does not express a universal statutory requirement to screen every landlord and tenant against the sanctions register. Firms still need proportionate controls and must meet applicable reporting duties.
No. Financial sanctions compliance and wider duties under the Money Laundering Regulations are distinct, so each applicable duty needs to be considered separately.
A PEP is someone entrusted with a prominent public function, together with certain family members and close associates. PEP status is not proof of wrongdoing; it indicates that proportionate enhanced review may be needed.
No. PEP status or a potential sanctions or watchlist match does not automatically fail an applicant. The result requires review in context before a decision is made.
Yes. Guarantor suitability includes identity-linked AML, PEP and sanctions screening, but it does not include Right to Rent.
A potential match is marked for review rather than treated as a confirmed result. The available identity and match details must be checked before the case is resolved.
Yes. AML, PEP and sanctions screening is included in the complete tenant reference for £29 per applicant, including VAT.
Start your next reference
£29 total per applicant, including VAT. No subscription.
