The UK government is always trying to protect against identity fraud in property transactions – and one important way that they do this is through the ID1 form. The ID1 form is an important piece of documentation throughout many house sales.
However, if you have not heard of this form before, then don’t worry – you are not alone!
This blog will outline what an ID1 form is and how much they cost. Read on for all the answers you need.
What is an ID1 Form?
An ID1 Form in the UK is used to verify someone’s identity to the Land Registry. This form will be completed by any private individuals involved in a property transaction as soon as possible – and always before an exchange of contracts takes place.
The ID1 form will ask a private individual to establish their identity. The information that needs to be provided will typically include:
- Full name
- Date of birth
- Current address
- Period of time at current address
- Any other addresses in the past 5 years
- Contact numbers
- The type of application
- Title number
- Property address
Once the above information has been provided, the individual’s identity will need to be verified. This can be done by either a conveyancer, a Land Registry customer information centre, or a chartered legal executive. The Land Registry customer information centre will usually do this for free, but a conveyancer or chartered legal executive will typically charge for this service.
Once all the relevant parties have completed their ID1 form / ID2 form, and their identity has been verified, then the form can be sent to the Land Registry. It is important that all documents are correctly completed, because any application for a property transaction without an ID1 or ID2 form for all independent parties will usually be rejected.
The ID1 form should not be confused with the ID2 form. While the ID1 form is completed by private individuals, the ID2 form is completed by corporate bodies.
How long is an ID1 Form valid for?
An ID1 Form is only valid for 3 months. Therefore, while you want to get this documentation completed quickly (and before the exchange of contracts) you should still wait until the latter stages of the property transaction.
If the transaction is not completed within 3 months of the form being completed, then you will need to fill out a new form again.
When is an ID1 Form not required?
An ID1 form is not required in the UK when the value of the land being transacted is below £6,000. You can get an independent valuation of the land if you are unsure whether its value is above or below this figure.
There are a few other occasions when an ID1 form is not required, and you can read about these on the government guidance website.
Why is an ID1 Form important?
The UK government brought in the ID1 form to protect against registration fraud. When someone is not being represented by a conveyancer, or if title deeds have been lost or destroyed, it is important that proof of identity is provided so that registration can proceed.
How much does an ID1 Form cost?
An ID1 form is free to download from the UK government website. You can complete the form on your own without any cost.
However, to verify your identity, you may need to pay a fee, depending on the organisation you use to do this. The Land Registry customer information centre often offers this service for free, whereas a solicitor will charge between £55 – £100 (plus VAT in many cases) for this service.
What can you use to verify your identity?
When you visit the Land Registry customer information centre, or a solicitor/chartered legal executive, in-person, you can bring any of the following things to verify your identity:
- Driving licence
- Biometric Residence Permit
As an alternative option, you can use any two of the following: a bank statement within 3 months; a utility bill within 3 months; a council tax statement for the current year; or a mortgage statement for the year just ended.
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