Legal Documents
Legal documents ensure the company’s legal compliance, protects its interests, and provides a clear framework for its activities.
The Anti-Money Laundering & Financial Sanctions Statement
Sterling Property Management MK Limited (trading as Branfold Property Management) is strictly committed to preventing financial crime, terrorist financing, and the proliferation of illicit funds. We operate in full compliance with all relevant UK legislation, including the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (and its subsequent statutory amendments), the Proceeds of Crime Act 2002, and the Terrorism Act 2000.
To uphold these legal standards, we enforce a mandatory, risk-based Customer Due Diligence (CDD) protocol across all areas of our business operations:
- Identity Verification: We conduct mandatory identity and beneficial ownership verification for all property vendors, purchasers, landlords, and tenants at the formal outset of our business relationship.
- Source of Funds: Where required by a transaction’s risk profile, we perform rigorous checks to verify the legitimate source of wealth and the explicit source of funds involved.
- Sanctions Screening: All individuals and corporate entities engaging our services are screened against the UK Government’s Consolidated List of Financial Sanctions Targets.
- Statutory Reporting: We maintain robust internal reporting mechanisms. Any knowledge or suspicion of money laundering, terrorist financing, or economic crime will be reported directly to the National Crime Agency (NCA). Any identified or suspected asset freezes or sanctions breaches will be reported immediately to the Office of Financial Sanctions Implementation (OFSI).
CMP Security
This certificate confirms your money is protected by the Propertymark Client Money Protection Scheme.
Client Money Handling Procedures
Propertymark Protection a robust consumer scheme by Propertymark, a professional body for UK property agents, ensuring members offer financial protection (Client Money Protection – CMP) for deposits/rent, access to an independent redress scheme (like The Property Ombudsman – TPO) for disputes, and adhere to a strict Code of Practice, safeguarding tenants and landlords if agents misuse funds or act unprofessionally.
Client Money Protection (CMP)
CMP is a legal requirement for all property agents in England, Scotland, and Wales who handle client funds. It functions as a compensation scheme that ensures landlords and tenants are reimbursed if an agent misuses their money or goes into administration.
Direct Marketing Policy
Direct Marketing Policy makes sure to share the products and services compiling with the law, industry best practice and respecting privacy.