Get ahead of AML supervision fee hikes

HMRC is consulting on plans to increase the annual AML supervision fee from £300 to £400 per branch, a rise of around 33%. For agents, that means even more pressure on already tight margins.

As The Negotiator reported, “The rise will heap yet more pressure on estate agencies’ already stretched finances. Industry estimates suggest the property sector is already spending over £125 million annually on anti-money laundering requirements, and individual branches are paying around £6,300 per year when staff time, training and registration fees are taken into consideration.”

The cost of compliance is a growing challenge, and these fee hikes risk adding more strain to your agency. That’s why movebutler is designed to turn compliance from a cost centre into a revenue opportunity — helping you offset fees while saving valuable time.

Turn your compliance cost into revenue

More than 1500 branches from our existing network of Partner Agents already charge their clients for ID verification – earning an average of £80 per property sold. It’s a small fee per transaction, but one that quickly adds up across the year, transforming a regulatory requirement into a steady, predictable revenue stream.

With movebutler, you decide the fee and who it applies to – buyers, sellers or both. With full visibility for clients in their portal, where they can pay securely online, and receive automatic reminders if needed. Payments are totalled and transferred to you monthly, so it’s simple to manage and transparent for everyone involved.

Find out more about boosting revenue with built-in compliance charging here.

Why it matters now

With AML supervision fees under review, agents face a choice: absorb more costs or use available tools to protect profitability. movebutler makes it possible to maintain high-quality compliance without eating into your margins, while also:

• Saving up to 21 hours of admin a month through automation*
• Cutting up to 2 hours of admin per transaction**
• Speeding up completions by up to 4 weeks^

That’s less time chasing compliance tasks and more time winning instructions, supporting clients and growing your business.

Boost your revenue with movebutler

Compliance doesn’t need to erode your profitability. With movebutler’s client charging, it becomes a source of additional revenue and efficiency — protecting your business against rising costs while delivering a smoother, faster, more transparent experience for your clients.

Book a call with out team here.

*Based on 10 transactions with an average 124 mins per transaction (30 mins “onboarding” per buyer/seller + 32 mins per customer pitching & following up secondary services (conveyancing + mortgages) – all things movebutler does for Agents – averages taken from survey of 475 Agents and Twentyci data on average no. of transactions per branch.

**Calculations based on 30 mins onboarding per buyer/seller and 32 mins per customer pitching and following up conveyancing + mortgages services.

^Based on upfront legal preparation and Solicitor instructions