That Retail Property Guy
Welcome to That Retail Property Guy, the podcast where retail property expert Gary Marshall champions retail tenants and empowers professionals across the industry. With a career spanning decades, a dozen retailers, and millions in recovered losses for leading UK retailers, Gary shares his unparalleled knowledge to help retail tenants protect their rights, navigate leases, and maximise opportunities often overlooked by landlords, estates and accounts teams.
This podcast is your go-to resource for unlocking the mysteries of retail property. Whether you're an experienced professional, a mid-sized chain, or someone just starting in the industry, Gary’s insights will help you build confidence, avoid pitfalls, and thrive in this complex field.
Through practical advice, real-world examples, and interviews with industry leaders, That Retail Property Guy is dedicated to fostering development and knowledge-sharing for the next generation of retail property experts.
Listen weekly and discover how small insights can lead to big wins for retail tenants everywhere. Start your journey to retail property mastery today!
That Retail Property Guy
Letting Agents as Sanctions Police: Obligations Unveiled!
Navigating Sanctions in Property Letting: New Legal Obligations
In this episode of 'That Retail Property Guy,' host Gary Marshall discusses the new legal obligations for UK letting agents effective from May 14, 2025, which require financial sanctions checks on both landlords and tenants. These measures aim to prevent financial crime, safeguard national security and comply with international obligations. Gary explores the implications for letting agents, including the procedural burdens and significant penalties for non-compliance. He also delves into the potential impact on retailers and other businesses, emphasising the importance of thorough checks and documentation in all leasing transactions. The episode underscores the overall significance of these legal changes across various sectors.
00:00 Introduction to the Podcast
00:19 New Legal Obligations for Letting Agents
01:05 Impact on Letting Agents and Compliance
03:07 The Disappearing 10000 Euro Threshold
07:03 Sanctions and Their Implications
07:51 Performing Sanctions Checks
09:31 Challenges and Practical Steps
11:35 Conclusion and Final Thoughts
The UK Sanctions List - GOV.UK
Goodlord's Tenant and landlord sanctions checks FAQs
Never miss an episode! Follow and like That Retail Property Guy on your favourite podcast platform - available on Apple, Spotify, Amazon and more.
Find out more and message us on the podcast website
Go to ThatRetailPropertyGuy for more on Gary Marshall, Smarter Estates and the TRPG podcast. You can also check out the TRPG Blog for reading versions of key episodes.
For our niche 'Accounts Recoverable in Retail Property' business services, visit SmarterEstates
And find Gary and team on LinkedIn for regular updates and community info!
