Fullers Estates

Property Professionals
Winchmore Hill.

Legal & Compliance

Fullers Estates Limited

Fullers Estates Limited is committed to operating its business in a transparent, ethical and legally compliant manner. We adhere strictly to all applicable legislation governing estate agency and lettings practice in England and Wales.

Anti-Money Laundering (AML)

The property sector is recognised as being vulnerable to financial crime. Fullers Estates Limited takes its responsibilities seriously and works proactively to prevent money laundering and terrorist financing.

We comply fully with:

Proceeds of Crime Act 2002
Money Laundering Regulations 2017
Bribery Act 2010
Terrorism Act 2000

Where appropriate, suspicious activity is reported to the National Crime Agency.

Customer Due Diligence

Our AML procedures apply to all:

Vendors
Purchasers
Landlords
Tenants

We are legally required to:

Verify identity and proof of address
Establish source and/or destination of funds
Verify property ownership (where applicable)

We are unable to proceed with any instruction or transaction until satisfactory documentation is received.

Identity verification may include electronic verification checks and, where appropriate, credit reference searches.

Fullers Estates Limited is registered and supervised for AML compliance by:

HM Revenue & Customs

Tenant Fees (Lettings)

In accordance with the Tenant Fees Act 2019, we only charge tenants payments permitted by law.

Permitted Payments

Rent

As agreed within the tenancy agreement.

Tenancy Deposit

Five weeks’ rent (annual rent below £50,000)
Six weeks’ rent (annual rent £50,000 or above)

Holding Deposit

One week’s rent

The holding deposit may be retained if the applicant:

Withdraws from the tenancy
Provides false or misleading information
Fails Right to Rent checks
Fails to take reasonable steps to enter into the tenancy agreement

Default Fees

Late rent (after 14 days):
Interest charged at 3% above the Bank of England base rate.

Lost keys/security devices:
Charged at reasonable replacement cost.

Variation, Assignment or Novation

£50 (inclusive of VAT) or reasonable costs if higher.

Early Termination

Tenants remain liable for the landlord’s reasonable re-letting costs and rent due until a replacement tenancy commences.

Client Money Protection (CMP)

Fullers Estates Limited holds Client Money Protection with:

Client Money Protect

Membership number: CMP006019

This provides protection for client funds handled by our agency.

Redress Scheme

Fullers Estates Limited is a member of:

The Property Redress Scheme

Membership number: PRS003506

A copy of our complaints procedure is available upon request.

Website Indemnity & Disclaimer

You acknowledge that you are solely responsible for the use you make of this website and any information obtained from it.

To the fullest extent permitted by law, Fullers Estates Limited excludes all warranties, representations and conditions whether express or implied.

Except in respect of liability for death or personal injury arising from negligence, or for fraudulent misrepresentation, Fullers Estates Limited disclaims all liability for any loss or damage (including indirect or consequential loss) arising from:

Use of this website
Reliance on its content
Inability to access this website

Whilst reasonable care is taken to ensure the accuracy of information, we accept no ongoing obligation to operate or maintain this website.

If any provision of these terms is deemed unenforceable, the remaining provisions shall remain valid.

These terms are governed exclusively by the laws of England and Wales.

Nothing in these terms affects your statutory rights as a consumer.