Security for Expenses Ltd provides a simple, fully regulated service for holding security under the Party Wall etc. Act 1996, under licences for access or alterations, for interim payments or holding retention under the various forms of building contract, performance bonds, court orders and rent deposits.

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How it works Download 2021 brochure

UNICEF’s 75th Anniversary Exhibition

All interest earned on clients’ funds is paid to UNICEF.
Thanks to all our clients, despite the current barely discernible interest rates, we have been able to give over £70,000 since we launched our service in 2017. Thank you.

After more than six years of conflict in eastern Ukraine, 3.4 million people are in need of humanitarian assistance – 60 per cent of them are women and children. Approximately 1.6 million people have been forced from their homes and tens of thousands of civilians have been killed or wounded.

The situation is particularly grave for nearly 430,000 girls and boys living in areas with the fiercest fighting: Donetsk and Luhansk oblasts – within 20 kilometres of the ‘contact line’ – a line that divides government- from non-government-controlled areas.

How Security for Expenses Works

We receive money from one person and pay it to another which makes us a “Money Service Business” and a “Payment Service Provider”. As such we are regulated by the FCA and supervised by HMRC which enables us to provide a payment service tailored to the client’s specific requirements. We hold the money in a safeguarded client account and pay it out as and when we are directed to specified predetermined third parties. There is no need for the parties, surveyors or Contract Administrators to open special accounts, they simply register their details with us and we give each project a unique reference code.

Register project details

Register project details

Receive security by transfer from a UK bank account

Receive Security Sum from a UK bank account

Carry out due diligence checks if required

Carry out due diligence checks as required

Release security as directed

Release security when directed

Supporting UNICEF

Did you know that all interest accrued on money we hold gets donated to UNICEF? To date we have donated over £70k.

This is part of their work in Ukraine.