I own 2/3rds of a freehold.
The couple in the downstairs flat own the remaining 1/3rd.
In order to complete our sale my solicitor has come back to me with two ID1 forms.
One form needs to be filled out by each of downstairs freeholders, then they both need to present at their solicitors with their passport and spare passport photo's to have the doc verified and stamped.
They will be charged for this and we pick up the tab.
I am assured this is standard Land Registry anti-money laundering process, but it seems a bit on top.
I'm also wary of the fact that we weren't asked to do this when downstairs went through a sale/purchase.
I own 2/3rds of a freehold.
The couple in the downstairs flat own the remaining 1/3rd.
In order to complete our sale my solicitor has come back to me with two ID1 forms.
One form needs to be filled out by each of downstairs freeholders, then they both need to present at their solicitors with their passport and spare passport photo's to have the doc verified and stamped.
They will be charged for this and we pick up the tab.
I am assured this is standard Land Registry anti-money laundering process, but it seems a bit on top.
I'm also wary of the fact that we weren't asked to do this when downstairs went through a sale/purchase.
Any experiences on this...?