Text for CQS CPMS Policy
CQS Policy: Identity Verification for Non-Resident Sellers
Purchase this policy: Mortgage and Property Fraud Prevention Policy
- Change date
- 18/02/2026
- Word count
- 83
- Deployment measure
- 9/10
Rationale
Deals with non-resident title fraud, this updated protocol mandates live-link biometric verification for all overseas sellers. Transactions involving "grey-list" jurisdictions now require secondary notary declarations to confirm physical presence and intent, ensuring robust protection against sophisticated identity theft.
Following increased instances of title fraud involving non-resident owners, the firm adopts a 'High-Risk' protocol for all transactions where the seller is not physically present in the UK. In addition
…
To view the full text: