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Transfer of Equity


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Posted

Hi All,

  Does anybody have any experience with a transfer of equity on a British property, being the benifactor and living in Asia? There is an ID1 form to be filled out and should be done in the presence of a registered legal advisor. Would the British Embassy cover this?

Posted

No.

 

"Verification of identity of persons resident overseas

"Where a person is resident overseas and it is not possible for their identity to be verified by a UK conveyancer, section B of the ID1 or ID2 should be completed and signed by a lawyer or notary public qualified to practice in the person’s country of residence. The form should be amended to include confirmation of the country in which the lawyer or notary public is qualified to practice, confirmation that they are so qualified to practice and the name and address of the body with which they are registered to practice."

 

https://www.gov.uk/guidance/completing-forms-id1-and-id2

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