top of page

Government-Backed MyIdentity System Streamlines ID Verification in Property Transactions


Government-Backed MyIdentity System Streamlines ID Verification in Property Transactions

Newbuild home buyers will now only need to verify their identity once, thanks to the government-supported MyIdentity system.


This system allows agents, conveyancers, mortgage brokers, lenders, and developers to share ID checks, simplifying and expediting the verification process.


MyIdentity, developed by Etive Technologies in collaboration with the Home Builders Federation (HBF), complies with anti-money laundering legislation and aligns with the digital ID framework set by the Department for Digital, Culture, Media, and Sport. The new procedures aim to reduce delays, costs, and errors in property transactions.


Comments


bottom of page