How to apply for security for expenses

Who should apply?

Usually the best person to submit an application is the lead consultant or professional working on the project as they will have most of the required information such as:

• Details of all the parties involved
• Details of the surveyors and any other persons authorised to oversee the Security Sum
• Details of the Third Surveyor in cases under the Party Wall Act
• Land registry title numbers
• Company registration numbers and jurisdictions

What documents will I need to provide?

In order to satisfy Know Your Customer (KYC) due diligence requirements under anti-money laundering regulations, the following will need to be uploaded to the portal in due course:

• Official copy of the title register from HM Land Registry
• Statement or equivalent bank issued document less than three months old for the UK bank account from which the Security Sum is to be transferred
• Current valid passport or photo driving licence and second proof of name and address from the HMRC checklist for the Person(s) Giving Security and all Beneficial Owners of any companies or trusts involved

Full details of the documents required will be given in the offer letter which we will issue on processing your application but you can save time by uploading the basic ones to our portal when submitting the application.