The Law Society Gazette has reported that HM Land Registry has brought new rules into force to assist individuals and companies with obtaining identification verification as part of transactions which they are conducting without the instruction of a Solicitor.
The Law Society Gazette reported that “HM Land Registry has taken a tentative step towards accepting electronic signatures on deeds and relaxed some identity verification rules in the latest official response to the Covid-19 crisis. The Law Society welcomed the announcement, saying the changes will ease pressures on the market.” They go on to confirm “Identity verification will be allowed by video call with a new form, ID5.”
This is great news for the public at large and provides for an open, level playing field, for individuals and companies that do not want to incur the cost associated with instructing a Solicitor for a property transaction but would otherwise be unable to proceed for the want of obtaining identification verification in person during national lockdowns. From 4th May 2020, these checks can now be undertaken by way of video link, remotely, and without the need for any social interaction by a Solicitor (or other suitable individuals) performing the relevant checks and completing a new “ID5”.
We at ID5 Identification Verification are ready and able to provide a smooth, swift and cost-effective method of online video identification verification for HM Land Registry purposes. Fully compliant and efficient, you can easily arrange your appointment today at www.ID5.co.uk.