Identity Verification For Property (HMRC)
Fast, Convenient and accurate customer ID Verification
Technology platforms such as Airbnb.com, booking.com and Homeaway.com has changed the attitude toward Short-Lets in London. Despite this, Short-Lets have largely been overlooked by Agencies thus far, due to the existing obstacles created by Long-Let administration requirements, that demand physical verifications and extensive on-boarding processes.
Long-Lets continue to provide the vast majority of the lettings revenue for an Estate Agency, which is the reason for their lettings business being geared to service Long-Lets and not Short-Lets. By Law, Long-Lets require an extremely arduous tenant check process that can takle up to 14 working days, which is extremely off-putting for people that are looking to Short-Let. Afterall, the majority of Guests will not wish to committ themselves to a lengthy verfication process, when they can book accommodation within minutes on Air BNB or one of its competitor platforms.
The ID Verfifcation Solution
The use of LEM Verify’s Pay As You Go solution, provides small and large Estate Agencies the ability to offer Online Verfication and complete background checks within minutes on behalf of Landlords. The Guest is able to be verified and checked providing much greater transparency and security for the Landlord. The Guest also benefits from the services, such as area advice, search assitance and property preparation from the local Estate Agency, who are keen to offer the highest level of service for their client to guarantee repeat business and reccommendations.
Compliant with local regulatory and data protection laws
Instant verification and authentication of different international documents
Quick, low-effort customer experience:
- No app to download
- Easy to use, low-friction experience
- 24/7 availability
Easy to Implement:
- No IT integration
- No set-up fees
- No annual fees
Straightforward access to customer information
Extenstive list of KYC/AML services
Ready to Verify?
Pay as you go from £1 per verification.
No ongoing fees. No technical set up costs