Land and property are valuable assets. When you consider such factors, you’ll realize the importance of verifying the identification of each individual involved in the transaction such that identity and property fraud and other forms of theft will be prevented.
To deal with identity checks, you need to work closely with a conveyancing solicitor. However, there are instances whereby one of the parties partaking in the property transaction won’t need legal representation. Any individual partaking in a property transaction but they don’t want any legal presentation, the land registry will require such individuals to complete the form. It will be used to verify their identity. For those representing a firm, you’ll be tasked with completing an ID2 form.
What is ID1 Form?
The Land Registry ID1 form is an identification form check required when there is a property transaction. It is also known as the transfers of equity between businesses or individuals who are not represented legally.
The Land Registry will need each party partaking in the transfers of equity to complete the form, and their identities will be verified, that is if they are transferring the equity by themselves and they don’t need any legal representation. Private individuals and businesses should comply. If not, they’ll be forced to seek legal representation.
When Are You Tasked with Completing the Identification Form?
Each party that has expressed an interest in the property being sold and in the entire transaction and they don’t require the services of a conveyancer or solicitor should complete the form. They should also provide evidence of their identity to support the identification form.
The individual who is submitting the application on behalf of another party involved in the transaction and is not a conveyancer and is not involved in the transaction will have to submit their identification form.
If the property transaction relates to either of the following, the involved parties will be tasked with filling the identification form:
- Transfer, surrender, or grant of a lease
- Transfer of land or mortgage
- Discharge of land
- Discharging, registering, or releasing a mortgage
- Change of address
- Change of name
How to Complete the ID Form?
You may ask yourself, who can verify ID1 form? Before you get a clear answer to that question, you should know that the form can only be accessed from the gov.uk website.
How to get identification verified for HM Land registry using ID1 form
After completing the ID form, ensure the certified identification has been attached. You will then send everything to the Land Registry before the contracts are exchanged.
Section A and B of the ID form should be completed. You will complete section A individually. For section B, the certifier should complete it, considering they are the ones certifying your identity.
The supporting identification that will be used to identify an individual can be from the following:
- The current UK, EU driving license
- A valid full passport that is current
- Biometric residence permit that is current, and it should be issued by the UK home office. It is meant for non-UK residents.
There are other alternatives, and they include:
- A utility bill and should be less than three months old
- A bank statement and should be less than three months old
- A mortgage statement for the previous year
- A council statement and should be for the current year
Your identification can be certified by a Chartered Legal Executive, the Land Registry, or a conveyancing solicitor. The Land Registry will not charge any money for the service. However, the Chartered Legal Executive and the conveyancing solicitor will charge a fee.
It is common for the identification process to be conducted by a Chartered Legal Executive or a conveyancing solicitor, considering it is more convenient. The Land Registry normally certifies the documents during the time the application for the registration has been submitted. Each person will then complete the ID form, and it should be presented at a similar moment.
As your identification is certified, in the last three months, you’ll take a passport-sized photograph, and it should be signed by the Chartered Legal Executive, a conveyancing solicitor, or the Land Registry. You have to present two copies of the passport-sized photographs. The conveyancing solicitor will keep one copy of the passport-sized photograph just if the Land Registry contacts them to determine whether everything checks out and whether the ID form is complete.
After all, the independent parties involved in the transaction have signed the ID form, and the identities have been certified, the ID form will be ready, and it should be forwarded to the Land Registry.
The individual responsible for submitting the form is supposed to ensure that all the parties have completed and ensured the ID form is certified.
When applying for any property without the ID form, the transaction will be rejected.
How long is the ID form Valid?
It is good to note that the ID form will last for three months. The best practice is applying and filling the ID form during the latter stages as the transaction comes to an end. Initially, people would exchange contracts.
If the property transaction has not been completed in three months and the ID form was already signed, you’ll have to start the entire process again. Each independent party will be tasked with completing the ID form.
Are there any Exceptions When Completing the ID Form?
The only exception when completing the ID form is when the land’s value exceeds €6,000. A valuation should be conducted to determine the exact value of the land. A surveyor can handle the entire process.
If you had any queries about the ID form, we have dissected everything you need to know. Also, it is advisable to apply for the form during the latter stages of the property transaction.