Could the Nationwide fine lead to tighter anti-money laundering (AML) checks across other UK mortgage lenders, affecting property investor applications?
Quick Answer
Yes, absolutely. The Nationwide fine will likely prompt other UK mortgage lenders to intensify their anti-money laundering (AML) checks, demanding more rigorous documentation and proof of funds from property investors.
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This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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